Inflation rose slightly in December as fight to tame prices continues

Inflation rose slightly in December as fight to tame prices continues

Comment on this storyComment Add to your saved stories Save Inflation rose slightly in December, offering the latest sign that the economy has made significant progress since prices spiked to four-decade highs — but there’s still a ways to go, especially on housing costs, which dominate the budgets of households nationwide. Data released Thursday by…

World Economic Forum ditches Greta Thunberg for Sam Altman in push toward AI: sources

World Economic Forum ditches Greta Thunberg for Sam Altman in push toward AI: sources

Goodbye, Greta – and hello, Sam. Those flying into next week’s World Economic Forum in Davos, Switzerland are quietly rejoicing that climate activist Greta Thunberg –  a notable fixture at the conference in recent years – isn’t expected to make an appearance this time around, sources told On The Money. Instead, OpenAI boss Sam Altman…

Former Guatemalan interior minister arrested for not forcibly removing protesters

Former Guatemalan interior minister arrested for not forcibly removing protesters

Guatemalan police on Thursday arrested the country’s former interior minister for allegedly not carrying out his duties when he opted for dialogue with protesters rather than using force to remove them as a court had ordered. Police arrested Napoléon Barrientos at his home, leading him out in handcuffs and a bulletproof vest. Barrientos told reporters…

Microsoft briefly tops Apple as most valuable public company

Microsoft briefly tops Apple as most valuable public company

Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft on Thursday briefly yanked the title of most valuable publicly traded company from Apple in early trading. But Apple returned to the top spot at market close. The development follows a series of obstacles Apple has encountered at the start of the year….

Google cuts hundreds of jobs across engineering, hardware teams

Google cuts hundreds of jobs across engineering, hardware teams

The Google headquarters in Mountain View, California, Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Google cut several hundred jobs across the company late Wednesday night as it continues to push for efficiency and focus on its “biggest product priorities,” a spokesperson confirmed to CNBC. The layoffs will impact employees within Google’s hardware…

Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut

Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut

Bitcoin rose in volatile trading Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the…

Apple’s Vision Pro headset could sell out quickly at launch, top analyst predicts

Apple’s Vision Pro headset could sell out quickly at launch, top analyst predicts

Tim Cook, CEO of Apple, beside an Apple Vision Pro mixed reality headset during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 5, 2023. Philip Pacheco | Bloomberg | Getty Images Apple’s Vision Pro virtual reality headset could be difficult to buy at launch, TF International Securities analyst Ming-Chi…

Dodgers trade Michael Busch, Yency Almonte; avoid arbitration with Walker Buehler

Dodgers trade Michael Busch, Yency Almonte; avoid arbitration with Walker Buehler

The Dodgers avoided arbitration hearings with several players Thursday, including starting pitcher Walker Buehler and closer Evan Phillips. They also dealt a couple notable pieces off their MLB roster, sending reliever Yency Almonte and infielder Michael Busch to the Chicago Cubs for a pair of young minor league prospects. On its face, moving Almonte and…