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According to The Information: Anthropic's joint venture ODE has acquired artificial intelligence consulting firm Casper Studios.

Chai Discovery and Bristol-Myers Squibb have entered into an antibody research and development collaboration agreement, under which Bristol-Myers Squibb will use Chai's AI model to support antibody discovery.

According to The Information: Anthropic's enterprise artificial intelligence business unit has acquired a consulting firm.

Market news: U.S. Trade Representative Greer and Canadian negotiators will meet in Washington at 12:15 p.m. Eastern Time today (00:15 a.m. Beijing Time the following day).

The U.S. Treasury Department has proposed common-sense and low-cost investment rules for the "Trump Account".

On August 20th, Federal Reserve Chairman Daly stated that rising long-term yields are a global issue that has weakened their indicative role in Fed policy signals, and he believes the Fed's credibility is not at risk. Short-term yields show the market understands the Fed's response mechanism, and the Fed's policy is in good shape; he sees no evidence of a need for an early rate hike. He expects the inflationary shock to gradually subside, therefore he is "very supportive" of the Fed keeping rates unchanged in July. However, he cautioned against the cumulative effect of multiple inflationary shocks, although he is looking for more worrying signs of inflation, but has not yet seen any. Recent employment and inflation data have not changed the outlook, and he does not currently believe the labor market will drive inflation. Rising bond yields have not sent a policy signal, and it is too early to discuss the pattern of US Treasury issuance. The Fed will find a way to achieve its policy objectives. The Fed will continue to fulfill its responsibilities, regardless of what actions the Treasury takes.

Federal Reserve's Daly: The labor market is stable; my focus is on inflation.

Federal Reserve's Daly: Two weaker data points did not make the inflation situation clearer.

Federal Reserve's Daly: We are still in a good position to look at the data.

August 20th - Initial jobless claims in the U.S. fell slightly last week, remaining near historically low levels, indicating relatively small-scale layoffs in the labor market. Data released by the U.S. Department of Labor on Thursday showed that initial jobless claims fell by 6,000 to 206,000 in the week ending August 15th. The median forecast from economists surveyed was 210,000. Meanwhile, continuing jobless claims rose to 1.8 million last week.

The Philadelphia Fed Manufacturing Shipments Index for August was 27.7, down from 33.7 in the previous month.

The Philadelphia Fed Manufacturing Prices Get Index for August was 17.7, down from 27.4 in August.

The Philadelphia Fed Manufacturing Prices Paid Index for August was 40.9, compared to 53.9 in the previous month.

The Philadelphia Fed Manufacturing New Orders Index for August was 30.1, down from 37 in the previous month.

The Philadelphia Fed Manufacturing Employment Index for August was 27.9, down from 10 in the previous month.

The four-week moving average of initial jobless claims in the United States for the week ending August 15 was 204,000, compared with a revised figure of 199,000 for the previous week.

The number of Americans continuing to claim unemployment benefits for the week ending August 8 was 1.799 million, in line with expectations of 1.79 million, while the previous week's figure was revised from 1.777 million to 1.781 million.

Walmart (WMT.N) executives: Second-quarter comparable sales at U.S. brick-and-mortar stores declined by single digits.