CNBC Daily Open: Slowing inflation didn’t excite investors
Slowing inflation elicited only a muted response from markets, suggesting that investors are preoccupied with other concerns.
Dow closes more than 200 points lower for fourth straight day of losses, dragged down by Disney: Live updates
The Dow Jones Industrial Average fell Thursday as traders assess concerns over lower PacWest deposits and quarterly earnings from Disney.
If the Fed doesn’t cut rates, it will be ‘tougher sledding’ for the market this year, says Jeremy Siegel
Wharton finance professor Jeremy Siegel told CNBC he’s expecting some months of negative job growth later this year.
Google will label fake images created with its A.I.
The data inside the images won’t be a visible watermark, but software such as Google Search will be able to read it.
MIT research on ChatGPT shows ‘Industrial Revolution-level large’ leap for workers, says AI CEO
New MIT research shows ChatGPT creating gains at work that rival the Industrial Revolution and steam engine, says CEO of Google-linked AI startup Cohere.
Microsoft skips salary increases for full-time employees this year
Now that it’s in cost-saving mode, Microsoft is foregoing salary increases this year after giving raises to some employees in 2022 to meet inflation.
Carl Icahn’s company stock falls 15% after prosecutors seek financial information
Federal investigators contacted Icahn Enterprises last Wednesday seeking information about corporate governance and other materials.
Here’s everything Google just announced: A $1,799 folding phone, A.I. in Search and more
Google shows off what it’s been working on over the past year and this cycle is expected to be particularly heavy on artificial intelligence.
Traders raise the chances for a Fed rate cut following April inflation report
Traders on Wednesday raised the chances of a September interest rate cut to close to 80%.
