Biggest risk to the economy now? Goldman says it’s a stock market correction
U.S. economist Pierfrancesco Mei worries that a 10% stock market pullback in the first half could cut GDP growth by half a percentage point, in one scenario.
Spirit Airlines plans to slash flights, fleet in bid to emerge from bankruptcy as early as spring
Spirit Airlines has reached an agreement with lenders to emerge from bankruptcy by late spring or early summer.
Savannah Guthrie offers $1 million reward for missing mother Nancy Guthrie
Nancy Guthrie, whose daughter Savannah Guthrie is a co-anchor of the “Today” show on NBC, was last seen entering her Arizona home on Jan. 31.
Waymo opens robotaxi service to ‘select riders’ in Houston, Dallas, San Antonio and Orlando
Fresh off of a $16 billion funding round, Waymo is expanding its footprint in Texas and Florida.
Fed’s Goolsbee calls for a hold on cuts as current rate of inflation is ‘not good enough’
The Chicago Fed president said Tuesday that cuts aren’t appropriate until there’s more evidence that inflation is on its way down.
Nvidia earnings report collides with Wall Street skepticism over AI spending
Nvidia is the only megacap tech stock to notch gains this year as investors have turned cautious on the hefty amounts of spending on AI infrastructure.
Senators tell CFTC to make clear ban on prediction market contracts involving deaths
A letter to Commodity Futures Trading Commission Chairman Michael Selig cites three Polymarket contracts related to a NASA launch, Venezuela and Ukraine.
Anthropic joins OpenAI in flagging ‘industrial-scale’ distillation campaigns by Chinese AI firms
Anthropic accused three Chinese artificial intelligence enterprises of engaging in coordinated distillation campaigns, the latest American tech firm to do so.
Intel partners with AI chip startup SambaNova after acquisition talks reportedly failed
Intel CEO Lip-Bu Tan first invested in SambaNova in 2017. Now the chipmaker he runs is putting more capital behind the startup.
Making it rain: Why more and more countries are turning to cloud seeding
Cloud seeding programs are now taking place in more than 50 countries across the globe, according to the World Meteorological Organization.
