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U.S. Adds Just 29,000 Jobs in September as Unemployment Rate Rises to 4.2%
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U.S. Adds Just 29,000 Jobs in September as Unemployment Rate Rises to 4.2%

Key Highlights: The U.S. added 29,000 jobs in September, well below the 90,000 consensus forecast. The unemployment rate rose to 4.2%, while earlier job gains were revised lower. Markets increased expectations that the Federal Reserve could hold interest rates as wage growth slowed. U.S. Jobs Growth Slows Sharply in September The U.S. labor market weakened ...

Kalshi Considers $1 Billion Funding Round at Nearly $40 Billion Valuation as It Expands
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Kalshi Considers $1 Billion Funding Round at Nearly $40 Billion Valuation as It Expands

Key Highlights: Sequoia could lead a new Kalshi financing round, with partner Alfred Lin serving on Kalshi’s board. Kalshi is expanding from event contracts into financial and economic markets. Polymarket is also exploring a funding round of about $1 billion as investor interest in prediction markets grows. Sequoia Could Lead New Kalshi Financing Sequoia could ...