Business

Latest Business News

đź“…February 3, 2026 at 1:00 AM
Global markets retreat amid metals selloff and Warsh Fed nomination; AI investments surge with Waymo, Fieldguide funding; companies shift to flat raises, Vanguard cuts fees.
1

Companies Shift to 'Peanut Butter Raises' in 2026

Around 44% of companies plan fixed pay bumps spread evenly across all employees, bucking merit-based trends to aid low-income workers.Source 1 This approach rewards broadly rather than top performers only.Source 1 Reported on February 2, 2026.Source 1

2

Global Stocks Fall on Plunging Metals Selloff

Stocks retreated worldwide as gold and silver rout extended a flight from riskier assets.Source 1 The selloff is linked to broader market pressures.Source 1 Coverage from February 2, 2026.Source 1

3

Gold and Silver Sink on Warsh Fed Chair Nomination

The 'FOMO' trade lost steam as precious metals plunged following Kevin Warsh's nomination.Source 1Source 2 Vanguard CEO discussed the nomination positively in ETF interview.Source 2 Dated February 2, 2026.Source 1Source 2

4

Vanguard Announces New Round of Fee Cuts

Vanguard CEO Salim Ramji highlighted fresh fee reductions in active management amid ETF industry trends.Source 2 Costs remain key, with investments in client services rising.Source 2 Discussion on February 2, 2026 Bloomberg ETF IQ.Source 2

5

Goldman Sachs Leads $75M Funding for AI Accounting Platform Fieldguide

Goldman Sachs spearheaded a $75 million round for Fieldguide, an AI-native accounting and audit tool.Source 1 This bolsters AI in financial services.Source 1 Announced February 2, 2026.Source 1

6

Waymo Seeks $16B at $110B Valuation

Waymo is pursuing about $16 billion in funding near a $110 billion valuation.Source 1 The self-driving firm eyes major expansion.Source 1 Bloomberg report from February 2, 2026.Source 1

7

SpaceX Requests FCC Approval for Space Data Center Constellation

SpaceX seeks permission to build a satellite-based data center network.Source 1 This innovative plan targets orbital computing infrastructure.Source 1 Filed details emerged February 2, 2026.Source 1

8

Nvidia CEO Hints at Massive OpenAI Investment

Nvidia's CEO indicated its OpenAI round stake could be the largest yet.Source 1 This underscores deepening AI chipmaker ties.Source 1 Signaled January 31, 2026.Source 1

9

CFOs at Adobe, Dataminr, Huntington Discuss AI Scaling

Executives from Adobe, Dataminr, and Huntington shared strategies for scaling AI operations.Source 1 Insights cover enterprise AI adoption challenges.Source 1 Published February 2, 2026.Source 1

10

New York Builds Tech Mecca as Silicon Alley Turns 30

Silicon Alley marks 30 years with New York fostering its own tech hub.Source 1 Efforts aim to rival major ecosystems.Source 1 Feature from February 2, 2026.Source 1

11

Economist Claudia Sahm Warns of Economic Shift

Top economist Claudia Sahm feels uneasy, saying the economy has quietly changed with misplaced alarms.Source 1 Views challenge common indicators.Source 1 Commentary from January 31, 2026.Source 1

12

Pfizer CEO's Moral Clarity Drove Team Success

Pfizer's CEO used moral clarity to achieve breakthroughs with his team.Source 1 Leadership lessons from overcoming impossibles.Source 1 Story dated February 2, 2026.Source 1