The U.K. has thus far avoided a widely anticipated recession, and the economy may be holding up better than feared, according to veteran fund manager Andy Brough.Story Published at: February 23, 2023 at 06:30AM
UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says
CNBC Daily Open: Markets fall as the Fed shows no sign of pausing interest rate hikes
Minutes from the Federal Reserve’s last meeting suggest ongoing interest rate hikes. Some officials even advocated for a half-point increase.Story Published at: February 23, 2023 at 06:24AM
CNBC Daily Open: Markets fall as the Fed shows no sign of pivoting away from interest rate hikes
Minutes from the Federal Reserve’s last meeting suggest ongoing interest rate hikes. Some officials even advocated for a half-point increase.Story Published at: February 22, 2023 at 11:27PM
China tech companies are closely watching ChatGPT’s A.I. skills. Here’s what they’re doing
Big tech companies in the U.S. and China rushed this month to announce they are working on artificial intelligence tools similar to ChatGPT. Story Published at: February 23, 2023 at 01:03AM
Google asks some employees to share desks amid office downsizing
Some cloud employees will be asks to alternate days at their desks.Story Published at: February 23, 2023 at 12:31AM
Wells Fargo lays off mortgage bankers days after rewarding some with California retreat
Some Wells Fargo bankers were successful enough last year to be flown to a resort in Palm Desert, California, for a company-sponsored conference this month.Story Published at: February 22, 2023 at 10:44PM
I spent 5 years interviewing 233 millionaires—here’s the No. 1 career move that made them rich
Tom Corley, a wealth researcher and bestselling author of “Rich Habits,” spent five years studying the success habits of 233 millionaires. One thing they all had in common, he found, was knowing the right time to quit their regular jobs.Story Published at: February 22, 2023 at 05:45PM
Nvidia stock rises after slight beat driven by A.I. chips
Nvidia has increasingly been seen by investors as one of the chip stocks best positioned to endure an economic slowdown that hurts PC and semiconductor sales.Story Published at: February 22, 2023 at 10:22PM
Lucid’s revenue falls short of estimates as it guides to higher EV production in 2023
Lucid built just 7,000 of its Air luxury sedans last year amid manufacturing challenges but expects to make between 10,000 and 14,000 vehicles in 2023.Story Published at: February 22, 2023 at 09:07PM
Why a U.S. national electric grid would be great for the climate — and is nearly impossible
A macro grid would decrease the cost of reducing emissions and improve the reliability of the electric grid. But it’s an almost impossible task for the U.S. Story Published at: February 22, 2023 at 09:16PM