US jobs report; British Airways hack; Bitcoin trouble

1. US jobs report: The US Labor Department will release its monthly employment data at 8:30...

Posted: Sep 7, 2018 12:51 PM
Updated: Sep 7, 2018 12:51 PM

1. US jobs report: The US Labor Department will release its monthly employment data at 8:30 a.m. ET. Investors are expecting another set of solid job gains and steady wage growth.

Goldman Sachs predicts that the US economy added 175,000 jobs in August, with the unemployment rate ticking down to 3.8% from 3.9%.

The economy added just 157,000 jobs in July after averaging 221,000 jobs over the past six months.

The job market is so hot that it might have to cool off, simply because there aren't enough people to fill open positions.

Some of the cooling may be self-inflicted: Concerns over new tariffs announced in recent months may have delayed hiring, analysts at Goldman wrote.

2. British Airways data breach: Shares in IAG, the parent company of British Airways, opened 3.5% lower in London after the airline said that customer details had been stolen.

British Airways said the personal and financial details of customers making bookings on its website and app between August 21 and September 5 were taken. Around 380,000 payment card details were compromised.

"We are deeply sorry for the disruption that this criminal activity has caused," the company said in a statement.

3. Bitcoin trouble: Bitcoin prices have plunged more than 20% in the past two days. The price of Ethereum, Litecoin, Ripple and other cryptocurrencies also dropped after Business Insider reported that investment bank Goldman Sachs may be dropping plans to launch a crypto trading desk.

Goldman Sachs told CNNMoney that it hadn't made a firm decision about bitcoin or other cryptocurrencies.

4. Global market overview: US stock futures were lower.

European markets opened mixed, following a trend set in Asia. The Nikkei shed 0.8% lower after the Wall Street Journal reported Japan could be the next target in the Trump administration's trade war.

Oil prices were slightly higher after a report on US inventories published Thursday showed a drop in stockpiles.

The Dow Jones industrial average closed 0.1% higher on Thursday, while the S&P 500 dropped 0.4%. The Nasdaq finished flat.

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5. Companies and economics: Germany's trade surplus narrowed unexpectedly in July, with imports rising 2.8% and exports dropping 0.9%. The data became a closely watched indicator after Germany was targeted by President Donald Trump over its trade surplus.

Mexico's inflation report will be published at 9 a.m. ET.

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6. Coming this week:
Friday — Jobs report

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 76522

Reported Deaths: 3086
CountyConfirmedDeaths
Marion16194731
Lake7742281
Elkhart495586
Allen4040163
St. Joseph361083
Hamilton2887104
Vanderburgh205313
Hendricks1943108
Cass18069
Johnson1794119
Porter136239
Clark130750
Tippecanoe124511
Madison103066
LaPorte93530
Howard92065
Kosciusko87212
Floyd82249
Bartholomew82147
Marshall79423
Monroe76732
Delaware76052
Vigo71411
Dubois71312
Boone69746
Noble69029
Hancock68839
Jackson5975
Warrick58830
Shelby56828
LaGrange56610
Grant53130
Dearborn51628
Morgan48934
Clinton4504
Henry41820
Wayne38810
White37711
Montgomery36021
Lawrence35727
Harrison35224
Decatur34232
Putnam3218
Daviess27920
Miami2772
Scott27310
Jasper2572
Greene25434
Franklin24715
DeKalb2384
Gibson2334
Jennings22812
Steuben2153
Ripley2138
Carroll2003
Fayette1957
Perry18713
Posey1800
Starke1807
Orange17824
Wells1782
Fulton1732
Wabash1715
Jefferson1662
Knox1640
Whitley1566
Tipton14912
Washington1441
Sullivan1411
Spencer1393
Clay1315
Huntington1273
Randolph1274
Newton12110
Adams1172
Owen1051
Jay920
Rush894
Pulaski821
Fountain762
Brown752
Blackford662
Ohio656
Benton640
Pike620
Vermillion590
Parke551
Switzerland530
Martin500
Crawford450
Union410
Warren241
Unassigned0208

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 104248

Reported Deaths: 3734
CountyConfirmedDeaths
Franklin18965531
Cuyahoga13869512
Hamilton9844259
Lucas5512326
Montgomery448998
Summit3667224
Butler303364
Marion294245
Mahoning2623256
Pickaway240042
Stark1904142
Warren185039
Lorain183177
Columbiana168360
Trumbull1563110
Fairfield143232
Delaware136519
Licking134551
Clark121315
Lake114642
Wood109058
Clermont96211
Medina95936
Miami86839
Tuscarawas79714
Allen79446
Portage77664
Greene73012
Mercer64113
Belmont62726
Richland61912
Erie61028
Ashtabula57746
Geauga56144
Wayne55459
Ross5094
Madison50310
Darke41429
Huron4115
Ottawa40426
Sandusky39917
Hancock3973
Athens3612
Holmes3316
Lawrence3180
Auglaize2756
Union2731
Scioto2591
Muskingum2481
Jefferson2403
Seneca2344
Shelby2154
Knox2147
Preble2122
Putnam21217
Washington21122
Coshocton1967
Champaign1882
Morrow1792
Crawford1775
Hardin17512
Clinton1716
Highland1692
Logan1672
Ashland1553
Fulton1551
Defiance1544
Wyandot1519
Brown1502
Perry1483
Williams1373
Fayette1240
Henry1222
Hocking1229
Guernsey1197
Carroll1135
Monroe9418
Pike800
Jackson770
Gallia741
Van Wert732
Paulding700
Adams642
Meigs580
Vinton322
Morgan300
Harrison261
Noble170
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