Consumer sentiment surges while inflation outlook dips, University of Michigan survey shows
The University of Michigan’s Survey of Consumers showed a reading of 78.8 for the month, its highest level since July 2021.
ECB’s Lagarde calls for a strong Europe to prepare for possible Trump return
European Central Bank President Christine Lagarde said that Europe must go on the offensive, if it is to compete with other major markets, including the U.S.
From Dimon and Blinken, to Altman and Lagarde: Here are some of the top quotes from Davos
The business and political elite met at the World Economic Forum in Davos, from JPMorgan CEO Jamie Dimon to Ukraine’s President Volodymyr Zelenskyy.
Spirit jumps 17% after raising fourth-quarter forecast, plans to refinance debt
Spirit Airlines on Friday raised its financial forecast for the fourth quarter of 2023.
Sweetgreen wants to be the ‘McDonald’s of its generation.’ This rival salad chain could beat it
Salad and Go wants to provide a healthier, cheap fast-food option with its $7 salads and wraps.
DOJ seeks 6-month prison term for former Trump adviser convicted of contempt of Congress
Peter Navarro, who worked as a trade adviser in the Trump White House, defied a subpoena to testify before the House Jan. 6 committee.
Amazon names logistics head as new AWS CFO
John Felton, Amazon’s top logistics executive, will take over as chief financial officer of its cloud computing unit.
Nvidia and AMD shares hit record highs on AI chip surge
Investors are increasingly bullish on AMD, which is the second largest standalone GPU maker,
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips
Meta appears poised to spend billions of dollars by the end of this year on Nvidia’s popular computer chips that are widely used for AI projects
Amazon’s latest layoffs hit its Buy with Prime unit
Since the new year began, Amazon has laid off employees in its Prime Video, MGM Studios, Twitch and Audible divisions.
