Andrew Ross SorkinThe U.S. labor market remains stable despite the shutdown preventing the release of the Nonfarm Payrolls Report. While employment growth is weak, private indicators suggest robust sectors like health care, contrasting with declines in technology roles. Overall, alternative data indicates a gradual slowdown, but no imminent crisis.
Andrew Ross SorkinAnalysts are recommending U.S. investors diversify into international markets as Wall Street reaches record highs. With high valuations in U.S. equities and promising growth in emerging markets, particularly India, strategists suggest increasing allocations to global equities for stronger long-term returns. India shows significant growth potential, paralleling China’s past.
Andrew Ross SorkinWalmart’s fintech venture, OnePay, plans to introduce cryptocurrency trading and custody features within its mobile banking app, starting with Bitcoin and Ether. This move aims to position OnePay as a “super app,” merging traditional financial services with digital assets. The integration enhances retail utility and supports financial inclusion for underserved consumers.
Andrew Ross SorkinThe Bureau of Labor Statistics withheld vital employment data due to the federal government shutdown, leaving economic observers uncertain. This lack of information raises concerns about future job growth and investment decisions. Economists predict muted employment growth, citing private sector indicators pointing to labor market weakness, exacerbated by immigration restrictions and declining demand.
Andrew Ross SorkinAs the U.S. government shutdown persists, private sector data reveals a weakening labor market, with hiring and layoffs slowing sharply. Job cuts have surged in 2025, while new hiring intentions plummet to 2009 levels. Economists face uncertainty without official data, raising concerns about consumer confidence and economic resilience going forward.
Andrew Ross SorkinOpenAI completed a $6.6 billion share sale, achieving a valuation of $500 billion, making it the most valuable private company, surpassing SpaceX. Despite a smaller tender than expected, investor confidence is strong. This liquidity event supports employee retention and reflects strategic decisions around private market dynamics and future monetization efforts.
Andrew Ross SorkinWealthfront Inc. has officially filed for a U.S. IPO, signaling a resurgence of fintech in public markets. Managing $88.2 billion in client assets and earning $308.9 million in revenue, the company aims to position itself among high-profile fintech firms. Its IPO reflects growing investor confidence in sustainable digital finance models.
Andrew Ross SorkinA New Gateway to the Private Credit Boom For decades, private credit — direct lending to non-public companies — was the domain of institutional allocators and ultra-high-net-worth investors.Now, two firms are changing…
Andrew Ross SorkinA private dinner with Tan Su Shan, CEO of DBS Group, auctioned for S$18,900, highlighting her influence in finance and philanthropy. The charity event raised over S$2.8 million for the National Gallery Singapore’s programs. The evening emphasized the intersection of art, high finance, and civic engagement within the region’s philanthropic sphere.
