Business
ADP report July 2026: Private sector adds 44,000 jobs
Citi Wealth head of economics Conrad Dequadros and FOX Business co-host Taylor Riggs analyze the S&P 500 hitting all-time highs under President Donald Trump’s economic policies on ‘Kudlow.’
Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday.
The figure is below economists’ estimates of a gain of 70,000 jobs and down from the prior month’s revised 95,000 payrolls figure.
“Job-changers are highly sensitive to real-time economic conditions, and their rapid pay growth implies supply constraints in parts of the labor market,” said Nela Richardson, ADP’s chief economist. “Typical hiring patterns, meanwhile, are changing as employers react to shifting macro-economic conditions.”
THE COLLEGES THAT GIVE GRADUATES THE STRONGEST CAREER EDGE, ACCORDING TO LINKEDIN

Companies in the private sector added 44,000 jobs in July. (Joe Raedle/Getty Images)
Which industries are hiring the most workers, according to the ADP report?
Education and health services added 36,000 positions, leading job creation in July. Financial activities added 10,000, professional and business services gained 9,000, and other services added 6,000.

Education and health services led hiring in the month of July, according to ADP. (iStock)
US WORKERS INCREASINGLY TRAPPED IN THE ‘GREAT DETACHMENT’ AS HIRING SLOWS, REPORT SHOWS
Information added 5,000 jobs, while manufacturing construction added 2,000 and 1,000 positions, respectively.
On the negative side, leisure and hospitality lost 11,000 jobs, trade, transportation and utilities lost 8,000, and natural resources and mining lost 6,000.
Large businesses – those with 500 or more employees – gained 13,000 jobs in July. Businesses with 50 to 499 employees gained 8,000 workers. Establishments with fewer than 50 employees gained 23,000 jobs.
SOUTHERN CITIES DOMINATE RANKINGS OF BEST JOB MARKETS FOR NEW COLLEGE GRADUATES

Small businesses hired 67,000 workers in May, according to the latest ADP data. (Getty Images)
People staying in their roles saw their pay climb 4.4% from the prior year, while pay gains for those changing their jobs accelerated to 7% – the largest year-over-year increase since August 2025.
Business
Chart-topping game No 10: Full Confidence puts you in prime minister’s shoes
No 10: Full Confidence is not the only game based around Westminster’s wheeling and dealing.
Fantasy Parliament, external is a browser-based game designed by another UK-based developer, Evan Roberts, which lets players draft their own fantasy league of real-world MPs, scoring points based on their real-life media coverage.
With the strategy game’s Policy Tester, players can even type in proposals to a ChatGPT-style AI model, which then replies in the style of how it believes different groups of voters – such as Coastal Keith or Graduate Gemma – would react.
Meanwhile, UK Politics Simulator, “built on real UK data down to ward level”, is reportedly due out later this year for PC, made by the Scarborough-based company Black Cannon Games.
Despite the success of his own venture, currently ranking 5th in Apple’s UK paid games charts – above Monopoly Go – Brewis said he does not know if any politicians have actually played his game.
However, he has received some feedback on how accurately the game depicts UK political life, from his friends who work in the civil service.
“It’s exactly like this,” they told him, “but worse.”
Business
Amalgamated Financial director Mark Finser sells $39,880 in shares

Amalgamated Financial director Mark Finser sells $39,880 in shares
Business
How can Disney get back its narrative momentum?

How can Disney get back its narrative momentum?
Business
Arlo technologies director Amy Rothstein sells $149,218 in stock

Arlo technologies director Amy Rothstein sells $149,218 in stock
Business
UFP Technologies executive chairman Bailly sells $4.1m in shares

UFP Technologies executive chairman Bailly sells $4.1m in shares
Business
Harvard reveals $2.2B SpaceX stake after Elon Musk company IPO
SpaceX stock rallies following CEO Elon Musk’s reveal of the new xAI Grok 4.6 model. Siebert Financial CIO Mark Malek analyzes SpaceX’s market performance, AI competitiveness and revenue potential on ‘Mornings with Maria’.
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut.
Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its $4.3 billion portfolio of U.S. equities.
The investment highlights how SpaceX’s record-setting June initial public offering delivered significant gains for university endowments that gained exposure to the company through venture capital investments, in some cases more than a decade ago.
SPACEX AND TESLA CHOOSE TEXAS FOR AI CHIP MANUFACTURING PLANT THAT WILL BE WORLD’S LARGEST BUILDING

SpaceX’s next-generation Starship spacecraft atop its Super Heavy booster is launched on its ninth test at the company’s launch pad in Starbase, Texas, May 27, 2025. (Joe Skipper/Reuters, File / Reuters)
Harvard Management oversaw about $57 billion as of June 2025, according to the latest publicly available figure.
Harvard is not the only university investor benefiting from SpaceX’s move into the public markets.
The University of California’s investment arm disclosed a position worth roughly $1 billion in a filing this week, while the University of North Carolina and Washington University in St. Louis also held investments in the company.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SPCX | NO DATA AVAILABLE | – | – | – |
Harvard’s position could include both shares owned directly and stock distributed to the university through private investment funds.
Harvard Management Company and SpaceX did not immediately respond to FOX Business’ requests for comment.
CATHIE WOOD SAYS BATTERED SPACEX COULD BECOME ‘MOST IMPORTANT COMPANY IN GLOBAL HISTORY’

Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX. (Scott Eisen/Getty Images, File / Getty Images)
SpaceX currently carries a valuation of more than $1.8 trillion. The gains arrive as university finances face pressure from uncertainty over federal research funding, demographic changes that are reducing the pool of college-age students and weaker returns from private equity.
Large university endowments have nevertheless delivered strong recent performance.
Endowment funds managing more than $500 million returned a median 18.9% before fees in the year ended in June, according to the Wilshire Trust Universe Comparison Service.

SpaceX currently carries a valuation of more than $1.8 trillion. (Getty Images, File / Getty Images)
SpaceX shares have fluctuated since the company debuted at $135 per share. The stock fell 0.9% Friday to close at $140.
CLICK HERE TO GET FOX BUSINESS ON THE GO
Investment managers overseeing more than $100 million in U.S. equities generally must submit Form 13F within 45 days after the end of each quarter, providing a snapshot of their holdings in securities traded on U.S. exchanges.
Business
Iran war commander visits USS Abraham Lincoln as carrier prepares to return home

Iran war commander visits USS Abraham Lincoln as carrier prepares to return home
Business
Stocks to Watch: Reddit, Applied Materials, Innventure
↗️ Reddit (RDDT): The social-media platform was selected to join the S&P 500 index. Shares were up 11% in midday trading.
↘️ Applied Materials (AMAT): The semiconductor-equipment maker reported higher third-quarter net income and increased revenue, but failed to impress investors. Shares ticked down nearly 6% in afternoon trading.
↘️ Innventure (INV): Innventure withdrew guidance for its Accelsius data-center liquid-cooling business, citing dynamics in the artificial intelligence infrastructure market. The stock plunged 57%.
Business
SMA Solar Technology AG 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:SMTGY) 2026-08-15
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Allstate president John Dugenske sells $8.89m in company stock

Allstate president John Dugenske sells $8.89m in company stock
-
Fashion1 day agoWeekend Open Thread: Ann Taylor
-
Business7 days agoDatadog: Best Of Breed For Multiple Reasons
-
Business7 days agoHow to Start a Cleaning Business: A Step-by-Step Guide
-
NewsBeat4 days agoCommunication cards help banking customers access services or report scams
-
Business7 days agoBDC Weekly Review: Private BDC Q2 Numbers Are Strong
-
Business5 days agoOil Price Today (August 11): Crude oil rises to $88 after Trump’s compensation demand dents Hormuz opening. Here’s why
-
Fashion6 days agoAmazon Sundays: Closet Care Before Fall
-
Crypto World5 days agoWhy Did Nvidia Stock Fall on Monday Despite a $500 Billion Wall Street AI Deal?
-
Crypto World5 days agoRevolut wins French banking licence, creates second EU banking hub
-
Business7 days ago5 Things You Must Know About Jorge Messi, the Father and Longtime Agent Who Shaped Lionel Messi’s Career
-
Politics6 days agoBen-Gvir’s crocodile project halted but abuses at Ketziot Prison continue
-
Politics6 days agoThe Church of England’s ruinous reparations racket
-
Politics6 days agoSaudi Arabia used 86% of missile stockpile defending Iran attacks
-
Politics14 hours agoSEQ Code: The Three Letter Boarding Pass Code That Could Give You The Worst Seat
-
NewsBeat19 hours agoMyanmar says over 300,000 Rohingya refugees verified for repatriation as exodus enters ninth year
-
Politics7 days agoWhat’s An EDT? The Rise Of ‘Extreme Day Trips’ As A Travel Trend
-
Crypto World6 days agoUSDC and USDT Now Own 84% of Crypto Card Spend as the Euro Retreats
-
Politics7 days agoThe House Article | Burnham still needs to sell devolution to the public
-
Crypto World6 days agoCrypto Made a $9.6 Billion Record, But It’s Hiding a Crucial Truth
-
Fashion5 days agoCan You Wear Double Cloth Gauze Clothing To Your Office?

You must be logged in to post a comment Login