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Business — Page 6

Companies, markets, media economics, regulation and the forces moving commerce. Page 6.

What August U.S. jobs data means for markets and the Fed

The August jobs report beat expectations, lifted Treasury yields and revived rate-hike bets. The Federal Reserve ultimately raised rates on September 16, while inflation and later data remain central to the policy outlook.

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Nvidia to buy Hugging Face for about $12.93bn

Nvidia's proposed $12.93bn purchase of Hugging Face would put a major open-model developer platform inside the leading AI-chip company, with openness promises now facing scrutiny.

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