US private payrolls rose by 122,000 jobs in May, beating economists' expectations, according to the ADP report. The data suggests the labor market remains resilient as the Federal Reserve reassesses its interest-rate path.
Elon Musk's space company SpaceX is targeting a fixed $135 per share price during its IPO roadshow, sources told CNBC. The valuation would place the company at roughly $1.75 trillion, making it the largest technology listing in recent years.
The Office of the US Trade Representative proposed fresh tariffs on 60 economies, including China, under Section 301. Greer said the actions target supply chains linked to forced labor.
Greg Abel, who took over from Warren Buffett as Berkshire Hathaway chair, has unveiled a back-to-back series of acquisitions worth nearly $17 billion. CNBC said the inclusion of technology targets is a clear sign that Abel is willing to put Berkshire's enormous balance sheet to active use.
Fed Chair Kevin Warsh has announced his first senior hires at the central bank, CNBC reported. Among the appointees is economist Paul Winfree, who authored the Fed chapter of the Heritage Foundation's 'Project 2025' policy blueprint.
The White House asked US AI developers to voluntarily share early access to their frontier models with federal agencies. The order arrives amid intensifying US-China competition and is set to reshape Washington's dialogue with leading labs on safety and national security.
Berkshire Hathaway announced two large acquisitions worth $16.8 billion in two business days under new CEO Greg Abel. Home builder Taylor Morrison and a second still-unnamed target were acquired. Wall Street analysts said Abel's strategy 'to mobilise Buffett's cash pile' has begun.
Alphabet will ask shareholders to authorise issuing up to $80 billion in new shares. The company says most of the proceeds will fund Google Cloud data centres and custom TPU chips. CFO Anat Ashkenazi said the spending is needed to 'build out a durable AI franchise'.
AI firm Anthropic said it confidentially filed its IPO S-1 prospectus with the US Securities and Exchange Commission. The move clears a major step in the race against OpenAI and will gauge Wall Street investor appetite for primary-market exposure to artificial intelligence.
US President Donald Trump spoke with CNBC's Eamon Javers Monday about the Iran war's trajectory. Trump told the network he does not care if Tehran ends talks, signalling that battlefield dynamics now matter more than the diplomatic track Washington once championed.