Volkswagen's supervisory board approved a restructuring plan that includes 50,000 additional job cuts, fewer models and a smaller industrial footprint, according to Bloomberg. US retail diesel rose to a record $5.85 a gallon on Thursday, according to the American Automobile Association, as wars in Iran and Russia roil the market.

According to CNBC, private security spending is rising as businesses, institutions and local governments add protection services in response to violent incidents and heightened concerns about safety. The Hillcrest Business Association in San Diego began paying about $400,000 a year in 2024 for eight hours of unarmed guard patrols each day and plans to add about $150,000 next year for a second shift. Revenue in the private security sector climbed 17% over the past decade to above $50 billion in 2025, according to Robert H. Perry & Associates, while outsourced services in the U.S. totaled just over $35 billion. Allied Universal, a privately held security company with operations in more than 100 countries, said it has about $23 billion in annual revenue and roughly 800,000 employees. The company said it receives about 65,000 applications a week, interviews around 40,000 candidates and hires about 3,500 people for its North America operations. Equilar found that about 40% of S&P 500 companies provided security services to at least some executives in 2025, up from just under 19% in 2019, and said the median cost rose 178% over that period. Walmart and other major companies have added executive security in recent years, and Cracker Barrel said in a July filing it would keep covering protective service expenses for former CEO Julie Masino. In Louisville, Kentucky, city lawmakers passed a measure in July requiring certain late-night businesses to hire private security, and Santa Fe, New Mexico, budgeted nearly $1 million for contract security at various facilities in its current fiscal year.

Fidelity is opening a 735,000-square-foot headquarters in Boston with harbor views, a private bar and an in-office concierge, according to Bloomberg. The investment giant is ending hybrid work for its Boston employees and requiring them to be in the office five days a week.

EQT AB has agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion, according to Bloomberg. The Swedish buyout firm said it is looking to accelerate McGill and Partners’ global expansion.

US equity futures and Treasuries were little changed ahead of the August payrolls report, while US retail diesel prices rose to a record high as wars roiled the market, according to Bloomberg. DeepSeek plans to deploy at least 160,000 of Huawei’s top accelerators at a new data center in Inner Mongolia. Mark Haefele of UBS Global Management and Veronica Clark of Citi joined Bloomberg Brief to discuss the jobs report.

Air Baltic Corp. has asked bondholders to vote next week on a proposed stopgap financing plan backed by Polus Capital Management and Klirmark Capital, according to Bloomberg.

Renowned on-chain trader Unipcs (Bonk Guy) has once again returned to the spotlight with his solid track record, topping the Fomo platform's profit leaderboard with a portfolio increase of over $9.8 million in the past month.

US Treasury bonds, central banks, global bond market turmoil: Which asset classes will be affected? Golden Finance reports that alarms are sounding across the global bond market.

Cobo co-founder Shenyu and Jilian Technology founder Jinming had an in-depth conversation that covered a wide range of topics, from investment systems, Bitcoin, DeFi, and AI agents to the meaning of life.

Hui Ka Yan, the founder of China’s fallen real estate giant Evergrande, has gone from one of Asia’s richest men to a life prisoner after a Chinese court convicted him of large-scale financial fraud and embezzlement.

Taiwan plans to introduce nine new crypto regulations, including detailed stablecoin rules, as early as Q1 2027 under its new Virtual Asset Service Act. The rules will require crypto firms and stablecoin issuers to meet stricter licensing, reserve, audit and disclosure requirements, while banks and businesses explore stablecoins for cross-border payments and trade.

Market structures can rewrite historical patterns, and bottoms can only be confirmed in hindsight. What we can confirm right now is that BTC is in the later stages of a cyclical bear market, but whether the bottom has ultimately been reached remains unclear due to insufficient evidence.

HyperEVM, Unveiled: How Does HyperEVM, the Number One Arbitrage Robot, Work? Golden Finance, What's Next?

Sam Altman says 38,000 ChatGPT queries use about as much water as producing one California almond, but researchers say the figure is difficult to verify and conflicts with his earlier estimate.

Justin Sun’s reputation in China appears to be taking a serious hit after a week of increasingly controversial public posts turned a personal dispute into a broader reputational crisis.

Is the BTC cycle lengthening? Jinse Finance: Is the BTC cycle clock slowing down?