Morgan Stanley – One America News Network

BofA expects Fed to deliver two cuts this year after soft jobs report

BofA Global Research on Friday forecast the U.S. Federal Reserve to deliver two 25 basis point cuts, in September and December, after a soft jobs report.

Unitree Robotics humanoid robots compete in a kickboxing match at the inaugural World Humanoid Robot Games, at the National Speed Skating Oval in Beijing, China August 15, 2025. REUTERS/Tingshu Wang

Robots race, play football, crash and collapse at China’s ‘robot Olympics’

Robots competed in sports such as track and field, and table tennis, as well as tackled robot-specific challenges from sorting medicines and handling materials to cleaning services.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. REUTERS/Jeenah Moon/File photo

S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week

The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.

A technician gestures to a pilot flying an experimental Joby Dubai Aerial Taxi aircraft in Dubai, United Arab Emirates, June 30, 2025. REUTERS/Amr Alfiky

Dubai aims to beat the traffic with 2026 Joby air taxi liftoff

Joby Aviation conducted the first test flight of its fully-electric air taxi, a major milestone in an effort to integrate airborne transport into existing mobility networks as early as next year.

BREMERHAVEN, GERMANY - APRIL 22: Cars of German car maker Mercedes stand at the automotive terminal of Bremerhaven port on April 22, 2025 in Bremerhaven, Germany. German automakers are facing continued uncertainty over the tariffs policy of U.S. President Donald Trump. While Trump has imposed a 25% tariff on European cars and auto parts imports, he has also suggested he may rescind these tariffs in some form. He said too he expects to reach a "deal" with the EU over tariffs soon. (Photo by Focke Strangmann/Getty Images)

Trump Plans Auto Tariff Relief By Granting Steel, Aluminum Exemptions To Carmakers

The Trump administration announced on Tuesday that they will roll back automotive tariffs on imported car parts.

People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.