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Monthly Archives: January 2023

ChatGPT wrote part of this article—it didn’t go great

This is an excerpt from the CNBC Make It newsletter. Subscribe here. OpenAI’s chatbot, ChatGPT, debuted in November and has quickly become a viral sensation. And having seen its capabilities — producing cogent and creative writing based on user prompts — everyone from venture capital luminaries to my buddies at the …

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The top work trends that will dominate the U.S. in 2023

If there was any hope during the height of the Covid-19 pandemic that the workplace would one day “return to normal,” 2022 dashed that expectation.  Hardly anyone has made it through the last 12 months without their work lives disrupted or completely upended.  Millions of people lost their jobs or …

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Ukraine aims for F-16 fighter jets after winning battle for tanks

A Belgian F-16 jet fighter takes part in the NATO Air Nuclear drill “Steadfast Noon” at the Kleine-Brogel air base in Belgium on October 18, 2022. Kenzo Tribouillard | Afp | Getty Images The dust has barely settled on the decision by the U.S. and Germany to supply battle tanks …

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Walmart-owned Sam’s Club plans to open new stores

Shoppers stock up on merchandise at a Sam’s Club store in Streamwood, Illinois.  Scott Olson | Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores in the U.S., marking its most aggressive expansion in years. The warehouse club’s next store is expected to …

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Tesla stock up over 10% on ‘better than feared’ earnings report

Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, US, on Tuesday, Jan. 24, 2023.  Marlena Sloss | Bloomberg | Getty Images Tesla shares are up over 10% in premarket trading on Thursday, after beating on the top and bottom lines, despite mixed analyst sentiment …

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U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom

A worker assembles components on a diesel engine at the Cummins Seymour Engine Plant in Seymour, Indiana, on Monday, April 18, 2022. Luke Sharrett | Bloomberg | Getty Images The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year …

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Tech jobs hot despite Amazon, Google, Meta, Microsoft layoffs

Thomas Barwick | DigitalVision | Getty Images Big-name tech firms like Amazon, Google, Meta and Microsoft are undergoing mass layoffs, but job prospects for applicants in the broader tech ecosystem are poised to be among the best of any industry in 2023, according to a new ranking. Eight of the …

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SAP to cut 3,000 roles, explore sale of Qualtrics stake

SAP headquarters. Krisztian Bocsi | Bloomberg via Getty Images German enterprise software firm SAP said Thursday that it will be cutting up to 3,000 jobs, or about 2.5% of its workforce, becoming the latest tech giant to announce significant layoffs. “We are further focusing our portfolio in areas where we …

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ECB said it’ll stay the course on rate hikes. But it’s not clear for how long

Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde has repeatedly used the phrase “staying the course” when referring to upcoming rate decisions, but some market watchers doubt the bank will keep its hawkish stance for much longer. …

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Toyota CEO and President Akio Toyoda to step down

Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota | Bloomberg | Getty Images Toyota Motor Corporation’s President and Chief Executive Akio Toyoda will step down from his post on April 1, to be replaced by current Chief Branding Officer Koji Sato, the Japanese automaker said Thursday. Toyoda …

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