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Monthly Archives: April 2023

Goldman Sachs CEO David Solomon on Apple’s new savings account

David Solomon, chief executive officer of Goldman Sachs Group Inc., during an event on the sidelines on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images Goldman Sachs CEO David Solomon isn’t worried about Apple’s new …

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Fed’s Bostic sees one more quarter-point hike, then a lengthy hold

Atlanta Federal Reserve President Raphael Bostic said Tuesday he envisions the central bank approving one more interest rate increase before pausing to see how policy tightening is impacting the economy. “One more move should be enough for us to then take a step back and see how our policy is …

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Some BMW, Hyundai, Nissan EVs will no longer get federal tax credits

An electric vehicle is charged in Monterey Park, California, on April 12, 2023. – US President Joe Biden’s administration unveiled new proposed auto emissions rules, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032. Frederic J. Brown | AFP …

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I spent 10 years studying what makes us happy in life—here’s the No. 1 thing I overlooked the entire time

Ten years ago, I set out to find the framework for a happier life. Testing the wisdom of the ages with scientific research, I learned how to strengthen my relationships, increase energy and more. But a few years ago, I started to notice that I felt stuck in my head …

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Coinbase CEO says it is preparing to go to court with the U.S. SEC

Coinbase is preparing for a years-long court battle with the U.S. Securities and Exchange Commission, the company’s chief executive told CNBC Tuesday, after the regulator warned the cryptocurrency exchange of potential violations of securities law. Last month, the SEC issued Coinbase with a Wells notice, which is often one of …

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Stocks making the biggest moves premarket: JNJ, GS, RUN

In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California.  Justin Sullivan | Getty Images Check out the companies making headlines before the bell on Tuesday. Goldman Sachs — The investment bank said first quarter revenue totaled $12.22 …

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Software firms face huge tax bills that threaten tech startup survival

STEFANI REYNOLDS/AFP via Getty Images Across the software development field, founders are experiencing an income tax season that has become an existential threat to their company’s survival. Software startups say they were blindsided by shocking tax bills as a result of a change in law related to research and development …

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Elon Musk plans ‘TruthGPT’ A.I. to rival OpenAI, DeepMind

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, SpaceX and Twitter CEO Elon Musk called for federal regulation of AI technology during a taped interview on Fox News Channel’s “Tucker …

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United plans to expand Australia, New Zealand flights 40%

A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines is planning to grow its service to Australia and New Zealand later this year, the carrier’s latest bet that travelers will continue to book international trips. The expansion to 66 …

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Public pessimism on the economy hits a new high, CNBC survey shows

Amid persistent inflation, higher interest rates and recession worries, Americans have never been more negative about the economy, according to the latest CNBC All-America Economic Survey. A record 69% of the public holds negative views about the economy both now and in the future, the highest percentage in the survey’s …

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