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Monthly Archives: February 2023

Jim Cramer says the economy is headed for a soft landing

CNBC’s Jim Cramer on Monday told investors that he thinks the Federal Reserve will steer the economy to a soft landing. “The only outcome is a soft landing for the economy, which means it’s foolish to sell now since you’ll only end up buying back those same stocks at higher …

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McCarthy, Scalise go to war with U.S. Chamber after group backed Democrats

U.S. House Speaker Kevin McCarthy (R-CA) holds a news conference in Statuary Hall at the U.S. Capitol in Washington, February 2, 2023. Jonathan Ernst | Reuters The two highest-ranking Republican leaders in the U.S. House are going to war with the U.S. Chamber of Commerce as the new Congress takes …

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Pinterest (PINS) Q4 earnings

A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images Pinterest shares sank as much as 12% after the company reported revenue that missed analyst …

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Gemini to contribute $100 million to Genesis bankruptcy recovery plan

Cameron and Tyler Winklevoss. Adam Jeffery | CNBC Crypto exchange Gemini will contribute up to $100 million in cash, earmarked for its customers, as part of an agreement with bankrupt Genesis Global Capital and parent Digital Currency Group, Genesis’ lawyers said in a court hearing on Monday. The restructuring deal …

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Amazon dials back air cargo service as demand cools, contractor says

An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air cargo operators said Monday that the e-commerce giant is scaling back on flights this year, citing lower demand and …

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Google Bard A.I. announced in response to ChatGPT

CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images Google on Monday announced an artificial intelligence chatbot technology called Bard that the company will begin rolling out in the coming weeks. The announcement …

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Beyoncé, Taylor Swift and more women who made history

Music’s biggest night turned out to be a historic one for women.  Beyoncé, Taylor Swift and more female artists broke records and saw historic wins across several categories at the 2023 Grammy Awards.  The winners were announced on Sunday during two different ceremonies in Los Angeles, honoring the best music …

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What to know about buying extra paper Series I bonds with a tax refund

Jetcityimage | Istock | Getty Images If you’re trying to max out the yearly purchase limit for Series I bonds, your tax refund offers an opportunity to buy even more. However, you should consider your goals and weigh alternatives first, experts say. An inflation-protected and nearly risk-free investment, I bonds …

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Binance will suspend U.S. dollar transfers

Zhao Changpeng, founder and chief executive officer of Binance, attends a conference at Porte de Versailles exhibition center in Paris, France June 16, 2022. Benoit Tessier | Reuters Binance, the world’s largest crypto exchange, will suspend U.S. dollar deposits and withdrawals, the company said Monday, without providing a reason for …

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ChatGPT jailbreak forces it to break its own rules

ChatGPT sign displayed on OpenAI website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on February 2, 2023. Jakub Porzycki | Nurphoto | Getty Images ChatGPT debuted in November 2022, garnering worldwide attention almost instantaneously. …

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