Trump fires US labour statistics boss after weak jobs report
President claims July employment figures were ‘rigged’ in latest assault on economic institutions
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OpenAI’s latest funding round was so popular early investors were reportedly miffed about being pushed aside to make room for new partners
OpenAI just scored another $8.3 billion thanks to new investors, including a $2.8 billion check from Marc Stad’s Dragoneer Investment Group.
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US labour market suffered sharp slowdown over past three months
Treasury yields tumble as revised figures show economy added just 106,000 jobs between May and July
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Trump says he will reposition nuclear submarines after ‘provocative’ Russian comments
US president blasts ‘foolish and inflammatory’ statements by Dmitry Medvedev
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How carmakers are becoming the biggest losers in Trump’s trade war
The so-called Big Three of Ford, GM and Stellantis say the new tariff regime will cost them a combined $7bn this year
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Bond investors need to wise up and seek more protection
Too many have been left as sitting ducks in the Wall Street pastime of creditor-on-creditor violence