Five key economic points in Biden’s 2023 State of the Union address to Congress
Biden renewed his call for levying a tax on billionaires, continued his fight against junk fees, cracked down on monopolistic practices and high drug prices.
Microsoft will let companies create their own custom versions of ChatGPT, source says
Microsoft is planning to let companies, schools and governments create their own chatbots with OpenAI’s ChatGPT for purposes like customer service.
Chipotle Mexican Grill misses expectations for earnings, revenue and same-store sales
CEO Brian Niccol maintained the company hasn’t seen backlash to higher prices for its burrito bowls and tacos, despite declining transactions.
Inflation Reduction Act has spurred 100,000 new green jobs so far: Here’s where they are
The wind, solar and EV manufacturing sectors are creating the new clean energy positions, according to a report by the nonprofit Climate Power.
Biden Labor Secretary Marty Walsh to become head of NHL players union
Labor Secretary Marty Walsh is the first statutory member of President Joe Biden’s cabinet to depart. He will become head of the NHL’s Players Association.
Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy
Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-and-answer session with Carlyle Group Chairman David Rubenstein.
Used vehicle prices swing higher amid unseasonably strong demand in January
Used vehicle prices have increasingly become a point of interest for investors and the Biden administration as a barometer for easing inflation.
Biden plans to go after social media and kids’ mental health in SOTU speech
President Joe Biden will discuss data privacy and online safety when he delivers State of the Union address
Hertz fourth-quarter profit beats as costs come down and travel rebounds
The rental car giant saw year-over-year gains in business from corporate travelers, international travelers and ride-hailing drivers.
Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Kashkari told CNBC on Tuesday that he sees the Fed’s benchmark interest rate likely heading to about 5.4%.
