Laid-off techies face ‘sense of impending doom’ with job cuts at highest since dot-com crash
CNBC spoke to a dozen recently laid-off employees about their experiences navigating an increasingly challenging job market.
Tesla settles with Black worker who won two trials over racist discrimination
Tesla has settled a racial discrimination lawsuit in which a federal jury previously awarded $3.2 million in damages to Owen Diaz.
Tesla to pay $42 million for employee crash that injured motorcyclist
Tesla and an employee were found partially liable for a 2017 crash involving a company-owned truck, which led to a motorcyclist’s traumatic brain injury.
All eyes will be on the Federal Reserve’s interest rate outlook next week, Nvidia conference on deck
The Fed is expected to keep its dot plot unchanged, but some worry the central bank will forecast fewer cuts this year after a series of hot inflation prints.
FDA approves Madrigal Pharmaceuticals drug as first treatment for common NASH liver disease
The FDA’s decision means Madrigal has succeeded in a disease area that several larger companies have failed — or are still trying to break into.
Trump adviser Peter Navarro has to report to prison, federal appeals court rules
The former White House trade adviser was involved in Trump’s efforts to overturn his 2020 election loss.
Adobe shares slip 10% on soft sales forecast
Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.
Trump hush money prosecutor tells judge he is OK with one-month delay of trial start
Manhattan DA Alvin Bragg is prosecuting Donald Trump on charges of falsifying business records related to hush money paid to porn star Stormy Daniels.
This week provided a reminder that inflation isn’t going away anytime soon
Price pressures increasing at a faster-than-expected pace raised concern that inflation could be more durable than anticipated.
This Nvidia derivative play can more than double from current prices, Benchmark says
A cryptocurrency miner has a compelling growth outlook, driven in part by a key partnership with Nvidia.
