Tag: breaking news
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DeepSeek considers doubling latest funding round to up to $15 billion, sources say
China’s DeepSeek weighs upsizing funding round to up to $14.9 billion, sources tell CNBC, and the final amount could still change in final talks.
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Treasury yields are broadly flat as investors anticipate FOMC minutes
U.S. Treasury yields were broadly flat on Tuesday morning after reaching fresh highs the previous day.
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Trump allows cheaper, dyed diesel on highways to blunt historic fuel-cost spike ahead of midterms
The U.S. national average price of diesel topped $6 a gallon in September for the first time ever, as fuel supply disruptions pushed up transportation costs in the country.
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World Bank warns of AI concentration risks as it lifts East Asia and Pacific growth outlook to 4.5%
The World Bank now expects the region to grow 4.5% this year, but flagged that trade growth outside AI-related goods has been “weak or negative.”
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Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%.
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The September jobs report will be released Friday. Here’s what to expect
Wall Street is looking for job growth of 84,000 to close out the summer.
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In photos: China’s Xi hardens Taiwan warning as country celebrates week-long National Day holiday
China began its seven-day National Day holiday on Thursday after President Xi Jinping used his annual speech to sharpen Beijing’s message on Taiwan.
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Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Micron is up over 500% in the past year as the company benefits from soaring AI demand.
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Google rolls out Gemini 4 Argon, its most advanced AI model
Gemini 4 Argon is Alphabet’s most advanced model yet, with major coding, cybersecurity, and complex professional work improvements.
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Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.
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