On May 3, Jason Pride, head of investment strategy and research at Glenmede, said that from the Fed's point of view, the overall weakness of the data is what really matters, and the unemployment rate of 3.9% is not a catastrophic thing. This suggests that the economy is not in a sharp downturn, but it certainly indicates a more accommodative labor market. The Fed is looking for reliable data to take a step out of the long-term tightening thought process. It is important to note that the labor market report is notoriously capricious, and what we see this month may not be the same as next month. This gave the Fed some hope, but did not establish a trend for them.

According to a PRNewswire report on August 23, FIBA has partnered with blockchain technology provider Venly to launch NFT collections for the 2023 Basketball World Cup. The NFT series will be cast on Polygon, including Fan'_s Frenzy, National Pride, Ultimate Courtside and Golden Glory four sets of NFT series with different rarities. Currently, the NFT series has been listed on the official website of FIBA.