PayPal will cut about 2,500 jobs, or 9% of global workforce
PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC.
Wall Street is on pace to finish January higher. Why that could be good news for the rest of the year
The “January Barometer” suggests that this month’s gains may be a positive omen for the rest of 2024.
Microsoft issues light guidance even as Azure growth drives earnings beat
Azure cloud growth delivered in Microsoft’s fiscal second quarter, and sales of Windows licenses picked up.
Take a look at how the market hinges on solid earnings from the ‘Magnificent 7’ this quarter
Mega-cap tech stocks, the majority of which report this week, are expected to drive most fourth-quarter earnings growth.
Apple Vision Pro review: This is the future of computing and entertainment
In reviewing Apple Vision Pro, CNBC gives you a glimpse into the future of computing.
Watch Citadel CEO Ken Griffin talk financial markets, Wall Street and his outlook for 2024
Citadel CEO Ken Griffin is slated to speak to CNBC’s Leslie Picker on Tuesday at the MFA Network event in Miami.
Home prices began to cool in November after nine straight months of gains, S&P Case-Shiller says
Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index.
5 caregiving terms to help you access essential services and reduce expenses for an aging parent
Caring for an aging parent or relative can be expensive. Knowing these terms can help you gain an understanding of the resources available and at what cost.
Pfizer beats earnings estimates as declining Covid business loses less revenue than expected
Pfizer reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government.
OpenAI is working on AI education and safety initiative with Common Sense Media
OpenAI is partnering with Common Sense Media on an initiative to create AI guidelines and education materials for teens and families.