business News

US economy undershoots expectations to add just 50,000 jobs in December - Financial Times

Latest sign labour market is cooling after years of strong growth

Andreessen Horowitz raises $15 billion for new funds - Axios

It's a major boost for the U.S. VC market, after its weakest fundraising year since 2017.

Kroger Announces the Sale of Vitacost.com, Inc. - Kroger

The Kroger Co. (NYSE: KR) today announced the sale of its subsidiary, Vitacost.com, Inc., an eCommerce retailer of health and wellness products, to iHerb. The transaction closed on January 8. "As we shared earlier this fiscal year, we are reviewing all non-co…

Meta Announces Nuclear Energy Projects, Unlocking Up to 6.6 GW to Power American Leadership in AI Innovation - Meta Store

‘Front of the pack’: how Chevron’s boss bet big on Trump and Venezuela - Financial Times

Mike Wirth has built a massive advantage for the only US oil company on the ground in the Caribbean nation

Oklo, Meta Announce Agreement in Support of 1.2 GW Nuclear Energy Development in Southern Ohio - Business Wire

Gold and silver under scrutiny as index changes spark wave of bullion sales - Financial Times

Cocoa set for large-scale buying during index rebalance period

UK hedge fund trader Chris Rokos pays himself £477mn - Financial Times

Rokos Capital returned 31% in 2024 following wild swings in equity, bond and commodity markets

What to expect in today’s jobs report - CNN

On Friday at 8:30 a.m. ET, the Bureau of Labor Statistics will release the latest snapshot on the health of the US labor market – and economists’ estimates vary wildly over what we should expect for the final jobs report of 2025.

AI models were given four weeks of therapy: the results worried researchers - Nature

Chatbots put through psychotherapy report trauma and abuse. Authors say models are doing more than role play, but researchers are sceptical.

Nvidia’s Go-To Chipmaker TSMC Sees Revenue Top Estimates - Yahoo Finance

The go-to chipmaker for Nvidia Corp. reported a roughly 20% rise in December-quarter revenue to NT$1.05 trillion ($33.1 billion), based on calculations off...

Elon Musk's Grok AI image editing limited to paid users after deepfakes - BBC

It comes after government urged Ofcom to use all its powers – up to and including an effective ban – against X.

Trump Tells Fannie, Freddie to Buy $200 Billion of Mortgage Debt - Bloomberg.com

US President Donald Trump is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, a move he cast as his latest effort to bring down housing costs ahead of the November midterm election.

Rio Tinto and Glencore restart talks over mega-merger that would create the world's largest mining firm - CNBC

If completed, the deal would see the formation of the world’s biggest mining company.

Ofcom urged to use 'banning' powers over X AI deepfakes - BBC

It follows an ongoing backlash against the use of X's AI Grok to digitally remove clothing from images.

Smartphone and PC prices set to rise as AI boom drains memory chips - Financial Times

Executives at Consumer Electronics Show suggest drive to build infrastructure is reshaping economics of consumer tech

Dow Jones Futures: Jobs Data, Trump Tariffs Ruling Loom After Small Caps Lead - Investor's Business Daily

The market had a deeply divided session, but don't make too much out of it.

Budget office expects Federal Reserve to cut rates in 2026 - abcnews.go.com

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026

DeepSeek rival’s shares jump 87% in China AI listings boom - Financial Times

MiniMax joins wave of Chinese technology companies going public

J&J strikes deal with U.S. government to cut drug prices, gain tariff exemptions - CNBC

Johnson & Johnson said on Thursday that it reached an ⁠agreement with the Trump administration to cut drug prices in ‍exchange for ‍tariff exemptions.