RBA's pause for concern | Woolworths slashes prices | OpenAI's biggest capital raise... ever
The Reserve Bank of Australia has paused the cash rate at 4.10% because it doesn’t want to make any moves before Trump’s tariffs.
Woolworths slashed the price of its groceries last month to close the gap on Aldi and deflect attention from ASIC and the election campaign.
OpenAI has announced it closed the largest round of capital ever raised by a private tech company - pocketing a tasty $40 billion USD.
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The skinny
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