News

Labor Department data showing the U.S. added fewer jobs than thought confirm the world's biggest economy is slowing down says JPMorgan Chase CEO Jamie Dimon.

Capital is rushing into humanoids — X Square Robot has completed eight fundraising rounds in less than two years since the startup was founded.

The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.

The news of this latest loss follows CNBC's report last month into Yieldstreet real estate investments that have resulted in $78 million in defaults.

Just how much it does will matter to investors.

Miran said he wouldn't fully resign his position at the White House while serving out the Fed Governor's term, which expires Jan. 31, 2026.

Stephen Miran, President Donald Trump's nominee for the open Fed governor post vacated by Adriana Kugler, will come under scrutiny from lawmakers.

Goldman will buy up to $1 billion in T. Rowe Price common stock through open-market purchases with the intention to own up to 3.5%.

The move comes as tensions between the U.S. and China simmer, and as the Nasdaq faces broader financial market issues.

"Independence of monetary policy is a critical element for its success," Miran said in a prepared statement to the Senate Banking Committee.

"I think we need to start cutting rates at the next meeting," Waller said. "We don't have to go into a lock sequence of steps."

The OnePay launch is the latest example of a fintech firm adding wireless connectivity to its product set; Klarna and Nubank have made similar announcements.