IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality
The analysis comes as business and political leaders from around the world gather at the World Economic Forum in Davos, Switzerland.
CNBC US News
What you need to know about financial advice as policymakers debate changes to the rules
A battle is underway in Washington over the Labor Department’s proposed rules to raise protections for retirement advice. What investors need to know.
Defense Secretary Austin is 'actively involved and engaged' while hospitalized
Austin has been treated at Walter Reed National Military Medical Center since Jan. 1.
Please stop ignoring your flight attendants
One lesson to be learned from recent incidents on Japan Airlines and Alaska Airlines: It's time to start paying attention to pre-flight safety demonstrations.
Biotech and pharma companies are betting on a promising class of cancer drugs to drive growth
The JPMorgan Healthcare Conference was likely just the beginning of another year of heightened interest and investments in ADC cancer drugs.
Microsoft tops Apple as world's most valuable public company
Microsoft's market capitalization eclipsed Apple's a day after it showed off artificial intelligence capabilities in front of developers in San Francisco.
Trump ordered to pay New York Times, three reporters nearly $400,000 in legal costs over dismissed lawsuit
Donald Trump claimed in the dismissed lawsuit that The New York Times plotted with his niece Mary Trump to obtain his private tax records.
Hunter Biden agrees to deposition, GOP chairs say contempt resolution on track until a date is set
Hunter Biden, son of President Joe Biden, previously refused to comply with subpoenas, triggering Republicans to seek a contempt of Congress resolution.
Delta more than doubles fourth-quarter profit, but trims 2024 earnings forecast
Delta is the first of the major U.S. carriers to report earnings this period.
FAA says it will audit Boeing's production line after 737 Max 9 accident
The FAA's announcement comes a week after a door plug blew out on an Alaska Airlines 737 Max 9.
Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes
Pawan Passi, a former Morgan Stanley supervisor for block trades, entered into a deferred prosecution agreement in New York court for his conduct.
Wholesale prices unexpectedly fall 0.1% in December in positive inflation sign
The producer price index fell 0.1% for the month and ended 2023 up 1% from a year ago, the Labor Department reported Friday.
Space company Momentus, once valued at more than $1 billion, is running dangerously low on money
Space company Momentus warned shareholders in a securities filing on Friday that the company is running out of money and does not have a financial lifeline.
Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.
Discord cuts 17% of workforce, joining growing list of tech companies downsizing to start 2024
Discord confirmed on Thursday that it's laying off 17% of its workforce, which equates to 170 employees, becoming the latest tech company to announce cuts.
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.
Google challenges cloud rivals by making it free for customers to transfer data when they leave
Google's cloud group says clients should be free to move their data around without facing harsh penalties from tech vendors
Tesla raising factory worker pay in U.S. following UAW victories in Detroit
Tesla is increasing pay this month for many of its factory workers across the U.S., a move that comes after the UAW secured big wins against major automakers
Apple says longtime directors Al Gore and James Bell are retiring from the board
Two longtime Apple board members will retire in February, the company said on Thursday.
Microsoft briefly tops Apple as most valuable public company
Investors have been pushing up Microsoft shares in recent months with hopes that the software maker will profit from an artificial intelligence frenzy.
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