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OpenAI unveils AI agent service as part of push to attract businesses
SAN FRANCISCO, Feb 5 – Your next coworker might be generated by AI. OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and manage so-called artificial-intelligence agents, or AI tools that can complete specific tasks, like fixing a software bug. The platform is part of a broader effo[...]
Dollar hits nearly two-week high as stocks wobble; pound slides after BoE holds
The dollar rose to a two-week high as stock volatility rattled markets and the pound slid after a tight Bank of England vote.
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
Alphabet is emerging as an AI leader, but investor worries rose after Google said it could spend up to $185B this year.
Bitcoin tumbles below $70,000, wiping out gains since Trump 2024 win
Bitcoin slid below $70,000 as investors worried a more hawkish Fed under Kevin Warsh could drain liquidity from crypto.
US weekly jobless claims increase more than expected
Weekly U.S. jobless claims rose more than expected, likely driven by snowstorms, while the labor market remained stable.
US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Sen. Tim Scott said Fed Chair Jerome Powell did not break the law, pushing back on a DOJ probe tied to Fed testimony.
US private payrolls increase modestly in January amid manufacturing job losses
U.S. private payroll growth slowed sharply in January, with job losses in professional services and manufacturing offsetting gains in education, health care and construction, according to ADP.
Senators push $70 billion funding deal to support Trump’s critical minerals push, FT reports
Lawmakers move to add $70B to the Export-Import Bank to back Trump’s push to secure U.S. critical minerals supplies.
Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales
Feb 3 (Reuters) – Western Digital said on Tuesday its board has approved $4 billion more for share repurchases, as demand for its memory chips used in artificial intelligence servers surges. Its shares rose about 5% in premarket trading, adding to a 57% jump this year. The shares had more than tripled in value last [&helli[...]
Space stocks jump after Musk’s SpaceX-xAI merger
U.S. space stocks rose after Elon Musk announced a SpaceX-xAI merger, betting on AI infrastructure and computing in space.
Disney taps parks head Josh D’Amaro as CEO to lead post-Iger era
Disney named theme parks chief Josh D’Amaro as CEO, succeeding Bob Iger as AI, labor talks and industry consolidation loom.
January jobs report delayed by partial government shutdown
January’s U.S. jobs report will be delayed as a partial federal government shutdown halts Labor Department operations.
