Predict.fun said on X that it has launched a new market focused on the fully diluted valuation (FDV) that MEME will reach before November 2026. According to Odaily, the market is now live.

Federal Reserve Bank of Cleveland President Beth Hammack said it is time for the US central bank to act to bring down inflation, according to Bloomberg. Hammack made the remarks as inflation remains a focus for Federal Reserve policy.

Volkswagen is facing pressure from U.S. tariff and electric vehicle policies as it tries to expand in the large and profitable U.S. market. According to Sina Finance, the company is also making a second management change in its U.S. operations within two years after a sharp drop in sales. Senior executive Marco Schubert will take over Volkswagen's North American business in October. Volkswagen has only one small assembly plant in Chattanooga, Tennessee, and most of the vehicles it sells in the U.S. are imported. The company estimates trade policy costs it the equivalent of $5.8 billion a year. Volkswagen Chief Executive Officer Oliver Blume has also invested heavily in Scout Motors, aiming to revive the classic SUV brand and turn it into a fully localized U.S. electric vehicle player. The Scout factory in South Carolina is still under construction and is not expected to begin vehicle deliveries until 2028. Volkswagen plans to streamline its management team and cut another 50,000 jobs, on top of about 50,000 layoffs already agreed over the past two years. Blume said vehicle prices are rising and sales are becoming more difficult because the rules of the game have changed completely.

European stocks fell for a third week in four after a stronger-than-expected U.S. jobs report led traders to increase bets on Federal Reserve rate hikes. According to Sina Finance, the Stoxx Europe 600 closed broadly flat and fell 0.8% for the week, its biggest weekly drop in nearly two months. U.S. August employment growth beat expectations and the unemployment rate was unchanged, indicating labor-market momentum was stronger than previously thought. Traders now see about a 60% chance of a Fed rate hike later this month, compared with even odds on Thursday. Ecofi equity fund manager Karen Georges said there was little reason for the Fed to take a dovish stance, adding that inflation was rising and the data clearly showed the labor market remained resilient. She also said the market was not paying much attention to macroeconomic data and was still focused on strong second-quarter corporate earnings, so in this environment, good news was good news. The auto sector led gains, with Volkswagen rising 6.5% after its supervisory board backed a restructuring plan that includes an additional 50,000 job cuts. The technology sector posted the biggest gains, while media and health care lagged. European investors have turned cautious on the inflation outlook and the possibility of further rate increases. The market is now almost fully pricing in an interest-rate hike by the European Central Bank next week.

According to Jin10, U.S. President Donald Trump said the latest jobs data was good and that markets should have risen, but stocks fell instead because of the long-standing "inflation worry" mindset.

According to Jin10, U.S. President Donald Trump said growth will not lead to inflation and that if the current theory continues to be upheld, the United States will not achieve the economic prosperity it should have.

According to Wallstreetcn, U.S. President Donald Trump reiterated that the U.S. should enjoy the world’s lowest interest rates, said the market should have risen, and said economic growth would not trigger inflation.

According to Jin10, Cleveland Fed President Beth M. Hammack said Federal Reserve policy is not restrictive and inflation remains too high.

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Cobo 联合创始人神鱼与极链科技创始人金明进行了一场深度对谈，话题跨越投资体系、比特币、DeFi、AI Agent 到人生意义的多重维度。

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.