Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
The Cleveland Fed president said she’s reserving judgment on where policymakers go from here.
Morgan Stanley fined for putting customer personal data at risk in computer purge: New York AG
New York Attorney General Letitia James announced the settlement with Morgan Stanley over its disposal of computers containing customer personal data.
Amazon will allow auto dealers to sell cars on its site, starting with Hyundai
The company has slowly entered the car buying business over the years by launching a digital showroom for shoppers to research and compare vehicles.
Elon Musk boosts antisemitic tweet, claims ADL and other groups push ‘anti-white’ messaging
Musk agreed with a tweet that said Jewish people have been pushing “dialectical hatred” against whites, and later criticized the Anti-Defamation League.
Microsoft is bringing its Copilot chatbot to Windows 10
The Copilot came to Windows 11 first. Soon Microsoft will start testing it on the more widely used Windows 10, which loses support in less than two years.
Homebuilder sentiment drops to lowest point in a year, but falling rates spur some optimism
Homebuilders cut prices by an average of 6% to lure buyers who are being scared off by high interest rates.
Amazon says its first Project Kuiper internet satellites were fully successful in testing
Amazon plans to begin building the first production Kuiper satellites in December and launch the first satellites for its network in mid-2024.
Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike
Baristas at more than 200 Starbucks locations are striking on Red Cup Day, a busy promotion for the coffee chain.
Cisco stock plunges on light guidance after product order slowdown
Cisco’s pace of product orders decelerated as customers worked to implement offerings they bought in the past few quarters.
Microsoft is fine avoiding China as U.S. considers national security implications, CEO Satya Nadella says
Microsoft CEO Satya Nadella told CNBC’s Jon Fortt that the company has notable Chinese customers that operate outside the mainland
