August 18, 2025
OpenAI staff looking to sell $6 billion in stock to SoftBank
Current and former employees of OpenAI are looking to sell nearly $6 billion worth of the ChatGPT maker’s shares to investors including SoftBank Group and Thrive Capital. The potential deal would value the company at $500 billion
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August 18, 2025
UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake
The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve’s next monetary policy move.
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August 15, 2025
Oil prices climb as Fed rate cut, Trump-Putin talks loom
Oil prices climbed to a one-week high after U.S. President Donald Trump warned of “severe consequences” if his talks with Russian President Vladimir Putin on Ukraine fail, and on optimism that a likely U.S. interest rate cut next month could spur oil demand.
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August 15, 2025
Gold falls as hot US data lifts dollar, yields
Gold prices fell as hotter-than-expected U.S. inflation data and a drop in jobless claims lifted the dollar and Treasury yields, trimming the odds of a supersized September rate cut.
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August 15, 2025
Dollar up as US producer prices surge in July
The U.S. dollar rose across the board as data showed U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead.
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August 14, 2025
Oil hits two-month low as US, IEA supply guidance weighs
Oil prices fell to over two-month lows after bearish supply guidance from the U.S. government and the International Energy Agency, while investors eyed U.S. President Donald Trump’s threat of “severe consequences” if Russia’s Putin blocked peace in Ukraine.
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