United States · Business
Same event, multiple sources, transparently cited.
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Microsoft CEO Satya Nadella warns AI concentration could hollow out industries
On June 14, 2026, Microsoft CEO Satya Nadella warned that dominant AI models might capture most economic value, risking the hollowing out of entire industries.
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US regulator investigates Tesla’s driverless Cybercab after Austin launch
NHTSA launched an investigation into Tesla’s Cybercab self-certification following its September 3 debut in Austin.
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Charlie Javice seeks pardon from Trump administration after JPMorgan fraud conviction
Charlie Javice, convicted of defrauding JPMorgan, is seeking a pardon from the Trump administration amid a wave of clemency requests.
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AI Cuts London Finance Analyst Vacancies from 350 to 80 Since 2022
Artificial intelligence has sharply reduced white-collar job vacancies in London, with finance analyst openings dropping from over 350 four years ago to around 80 in 2026.
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US Adds 162,000 Jobs in August, Surpassing Expectations and Holding Fed Rate Hike Prospects
US non-farm payrolls rose by 162,000 jobs in August 2026, far above forecasts, with the unemployment rate steady at 4.1%, fueling Federal Reserve rate hike bets.
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Prince Alwaleed’s Kingdom Holding Gains Nearly $7 Billion from SpaceX IPO Surge
Prince Alwaleed bin Talal’s Kingdom Holding Co. saw its SpaceX shares jump in value to nearly $7 billion after the company’s record $75 billion IPO.
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US adds 162,000 jobs in August; unemployment steady at 4.1%
US nonfarm payrolls rose by 162,000 in August 2026, exceeding forecasts, while the unemployment rate held at 4.1%.
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US Auto Industry Urges Congress to Ban Chinese Vehicles and Connected Tech Permanently
The Alliance for Automotive Innovation called on Congress to pass a permanent ban on Chinese vehicles and connected technology in the US market before year-end.
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Lululemon’s Q2 2026 revenue falls 4%, cuts full-year outlook, shares tumble
Lululemon reported a 4% revenue drop in Q2 2026, lowered its full-year guidance, and saw shares fall 15%-18% after hours.
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Global central banks mostly pause rate changes after 100 days of Iran war amid inflation worries
Central banks in seven major currency jurisdictions largely hold rates steady after 100 days of Iran war, with Fed and Bank of England poised to keep rates unchanged next week.
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US 30-year fixed mortgage rates rise to 6.71%, highest since July 2025
The average US 30-year fixed mortgage rate rose to 6.71% in early September 2026, the highest level in over a year.
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Fed Governor Waller leans toward keeping interest rates steady in September meeting
Federal Reserve Governor Christopher Waller signaled openness to hold interest rates steady in September if inflation data confirms easing price pressures.
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Nvidia agrees to acquire AI platform Hugging Face for $12.93 billion
Nvidia has agreed to buy AI developer platform Hugging Face for about $12.93 billion, expanding into open AI ecosystems.
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US imposes tariffs up to 100% on drones to curb reliance on Chinese imports
The US implemented tariffs of up to 100% on drones and components starting September 3, targeting Chinese-dominated imports to address national security risks.
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FBI probes dark web breach exposing tens of millions of US and Canadian driver’s licenses
The FBI is investigating a data breach after a dark web site sold scans of tens of millions of US and Canadian driver’s licenses.
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US Adds 162,000 Jobs in August 2026, Boosting Odds of Fed Rate Hike
US nonfarm payrolls rose 162,000 in August 2026, surpassing expectations and raising the chance of a Federal Reserve rate hike to 60%.
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US Mint launches Donald Trump $1 coin to mark 250th anniversary of US independence
The US Mint began selling $1 coins with Donald Trump's portrait on September 2 to commemorate 250 years of US independence.
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Chevron, ENI, and GE Vernova sign multibillion-dollar deals to expand Venezuela energy projects
US Energy Secretary Chris Wright oversaw deals with Chevron, ENI, and GE Vernova to develop Venezuelan oil fields and power infrastructure worth tens of billions.
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Chevron Commits $7 Billion to Double Venezuela Oil Production by 2031
Chevron announced a $7 billion deal to develop two new Venezuelan oil fields, aiming to double production within five years.
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Microsoft begins quarterly Azure revenue disclosure amid segment consolidation
Microsoft started reporting quarterly Azure cloud revenue and consolidated its business segments from three to two.
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US Economy Shows Modest Growth Amid Inflation and Uncertainty Ahead of Fed Meeting
The Federal Reserve's Beige Book reported modest US economic growth driven by data centers and defense orders, with inflation and price pressures persistent.
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US Stocks Volatile in Early September on Rising Oil Prices and Fed Rate Hike Speculation
US stock indexes fell late August amid oil price spikes but rallied sharply as Fed signals eased rate hike fears this week.
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US Judge Rejects DOJ Bid to Break Up Google's Ad Tech Business
US District Judge Leonie Brinkema ruled that Google does not have to sell its AdX exchange or break up its advertising technology business.
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US SEC Proposes Eliminating Longstanding Equities Trade-Through Rule
The US SEC proposed removing the equities trade-through rule and a related regulation to simplify trading and reduce costs.