Consumer prices fell 0.1% in December, in line with expectations from economists
The consumer price index was expected to decrease 0.1% on a monthly basis and increase 6.5% from a year ago in December, according to Dow Jones.
If federal regulators ban noncompete agreements, ‘I’d be the first person to start working again,’ advisor says
A member of CNBC’s Financial Advisor Council, banned by a noncompete clause from working in financial services, describes what a proposed ban would mean to him.
Amazon union victory at Staten Island warehouse upheld by federal labor board
Amazon said it intends to appeal the National Labor Relations Board’s ruling.
Microsoft looked at buying Figma but declined to put in an offer as Adobe deal was nearing
Microsoft had its hands full with Activision Blizzard but was also seeing how Figma’s software was taking off internally.
Starbucks CEO Howard Schultz tells corporate workers to return to the office 3 days a week
Starbucks corporate employees will be returning to the office at least three days by the end of the month.
Biden administration will select first 10 drugs for Medicare price negotiations by September
The federal government for the first time has the power to negotiate Medicare drug prices due to the Inflation Reduction Act.
Biden aides find second batch of classified documents at new location
The discovery comes days after the White House acknowledged a “small number” of classified documents had been found in an office used by Biden.
Biden’s plea to lawmakers in rare op-ed: Unite to hold tech accountable
In a WSJ op-ed, Biden made one of the most pointed calls yet for Congress to take action on topics including digital privacy, competition and online safety.
Oil companies sue Los Angeles over ban on oil and gas drilling
Warren Resources, which operates a 10-acre oil extraction site, filed a lawsuit seeking to stop the city’s ordinance from taking effect.
Proposed ban on noncompete clauses could affect ‘every business in the country,’ says attorney — what that means for you
The Federal Trade Commission proposed a rule that would ban noncompete clauses. As a result, wages could rise by nearly $300 billion a year.
