The curious history of the Federal Reserve's 2% inflation targeting, explained
As the world shifts to a new post-pandemic normal, the inflation targets of central banks across the world have faced new scrutiny.
CNBC US News
Meta is rolling out a new paid verification subscription service for Instagram and Facebook users
Meta announced a new paid verification subscription service for $11.99 a month on the web and $14.99 a month on iOS.
Marvel's 'Ant-Man and the Wasp: Quantumania' scores $104 million during domestic debut
Disney and Marvel Studio's "Ant-Man and the Wasp: Quantumania" tallied $104 million in domestic ticket sales during its opening weekend.
Fox News execs blocked Trump from doing Jan. 6 interview amid Capitol riot, filing shows
Fox News executives vetoed Trump from going on air Jan. 6, 2021, when hundreds of his supporters invaded the U.S. Capitol.
Beijing is 'watching closely' if Russia succeeds in Ukraine, NATO says, flagging rising China challenge
NATO Secretary-General Jens Stoltenberg said China is closely watching Russia's success in Ukraine, with the war's outcome likely to have major reverberations in Asia-Pacific.
'Unthinkable' that Russia does not pay for Ukraine's reconstruction, EU chief says
European Commission President Ursula von der Leyen said Saturday it would be "unthinkable" for Russia not to pay for Ukraine's reconstruction.
Microsoft limits Bing A.I. chats after the chatbot had some unsettling conversations
The move will limit some scenarios where long chat sessions can "confuse" the chat model, the company said in a blog post.
Ponzi schemers who raised $650 million on cattle, pot profit promises get 6 years in prison
Investors were told by the trio who ran the Ponzi scheme that money placed in cattle and marijuana ventures would produce profits of up to 20% in weeks.
Solid fourth-quarter earnings push AutoNation stock to an all-time high
A solid earnings report from AutoNation propelled the car dealer's stock to its best day in nearly three years.
Sen. John Fetterman will likely be in hospital for a few weeks for clinical depression treatment
Fetterman suffered a life-threatening stroke during his Senate campaign, but still defeated his Trump-backed Republican challenger, Dr. Mehmet Oz.
Ford warned some F-150 Lightning owners about separate EV battery issue before this month's fire
The Ford F-150 Lightning owners are being asked to have their vehicles serviced to "prevent performance degradation" of the high-voltage battery.
Senators call on Medicare to offer broad coverage of Alzheimer's treatments as public pressure grows
Eighteen Republicans and two Democrats, led by Sens. Susan Collins and Shelley Moore Capito, pushed Medicare to expand coverage for Alzheimer's treatments.
Trump seeks to bar evidence of 2 other alleged sexual assaults at rape defamation trial
The writer E. Jean Carroll is just one of many women who have accused former President Donald Trump of sexual assault or misconduct. Trump denies the claims.
FAA wants to fine SpaceX $175,000 for failing to submit data before a launch
The Federal Aviation Administration seeks a $175,000 fine against Elon Musk's SpaceX, alleging it did not submit required data ahead of a Falcon 9 launch.
Microsoft's Bing A.I. is producing creepy conversations with users
Artificial intelligence experts warned that large language models have issues including "hallucination," which means that the software can make stuff up.
Investors and techies gather in San Francisco to bathe in generative A.I. hype sparked by ChatGPT
Startup Jasper held a conference in San Francisco to discuss generative artificial intelligence. About 1,000 people showed up.
Dropbox finance chief warns San Francisco office space market has 'deteriorated'
Dropbox struggled to sublease space in its massive headquarters after signing a record lease in 2017, and then getting hit with a pandemic and market downturn.
Maker of promising Alzheimer's drug Leqembi expects full FDA approval this summer, expanded Medicare coverage
Even if the FDA grants full approval of the Alzheimer's treatment Leqembi, the rollout will take years.
Tesla denies Autopilot workers’ allegations of union-busting, retaliatory firings
Tesla fired more than 30 employees at its Buffalo facility in retaliation for a union push, organizers said in a complaint filed to a federal labor agency.
Consumer debt hits record $16.9 trillion as delinquencies also rise
Debt across all categories totaled $16.9 trillion as balances rose across all major categories.
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