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Sunday, October 4, 2026
The New York Finance

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Sunday, October 4, 2026

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US holiday spending to approach $1 tn: Retail Federation

US consumers are expected to spend close to $1 trillion during the winter holiday season, a slight uptick from the year prior, the National Retail Federation (NRF) said Tuesday. The trade association forecasts…

By The New York Finance Staff

OpenAI raises $6.6bn in funding, is valued at $157bn

OpenAI has raised $6.6bn (£5bn) in a funding round that values the artificial intelligence business at $157bn, with chipmaker Nvidia and Japanese group SoftBank among its investors. The San Francisco-based startup, responsible…

By The New York Finance Staff