Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.
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U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%
Nonfarm payrolls were projected to increase by 169,000 in January, according to the Dow Jones consensus forecast.
Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
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Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by President Donald Trump.
Here's where the jobs are for January 2025 — in one chart
Health care and retail were strong areas for the U.S. economy in January.
Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea
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Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal spending and reducing the government workforce.
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.
Consumer inflation fears spike in February as tariff worries hit sentiment
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since November 2023.
White House calls mixed jobs numbers 'weak,' blames Biden
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President Donald Trump's top economic aide, Kevin Hassett, said, "We're inheriting a very difficult jobs market because of Joe Biden's terrible policies."
Amazon scrubs DEI mention from its annual report
Amazon has removed any references to diversity and inclusion from its most recent annual report.
Trump delays cancellation of de minimis trade exemption targeting China imports
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption.
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