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US labour market stumbles in November: Unemployment rate climbs to 4.6% despite addition of 64,000 jobs; highest since 2021

AI image (Representative) US saw a significant cutdown in jobs in November, marking a record unemployment high since 2021. It gained 64,000 jobs in November, over October’s loss of 105,000 positions, primarily due to federal workforce reductions under the Trump administration. The unemployment level increased to 4.6%, reaching its peak since 2021.The Labour Department’s delayed…

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Waymo, Zoox and Tesla drive 2025 robotaxi boom

Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first versions of…

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SpaceX IPO: Investors brace for ‘craziest IPO ever’; why Elon Musk’s $1.5–2 trillion debut is stirring frenzy

Investors are cheering early signals that Elon Musk’s SpaceX may head for an initial public offering next year, in what some market participants told Reuters could become the “craziest IPO in the history of the stock market.” The rocket and satellite company, long considered one of the world’s most valuable private firms, is exploring a…

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Nvidia-backed Starcloud trains first AI model in space, orbital data centers

The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched…

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