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Over 200 companies seek CHIPS Act funding

More than 200 companies from myriad sectors have applied for CHIPS Act funding, Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Friday, as part of what Raimondo called a mandate to invest “$50 billion in America’s national security.” The CHIPS Act was signed into law in August 2022, part …

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Montana lawmakers pass bill to ban TikTok

TikTok logo displayed on a cellphone. Hyoung Chang | Denver Post | Getty Images Montana legislators approved a bill on Friday that would ban TikTok from being offered in the state in a 54-43 vote. The bill, SB 419, now goes to Montana Republican Governor Greg Gianforte for approval. TikTok, …

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SpaceX cleared by FAA to launch first orbital Starship flight

A Starship prototype is seen stacked on top of a Super Heavy booster at the company’s launch facility near Brownsville, Texas. SpaceX The Federal Aviation Administration issued a Starship launch license to Elon Musk’s SpaceX, a crucial final regulatory step that clears the company to attempt an orbital launch of …

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Here’s where investors should look amid artificial intelligence boom

Sompong_tom | Istock | Getty Images The rise of ChatGPT has sparked another national conversation about artificial intelligence. Depending on your viewpoint, the bot is either the key to making a host of companies and their workers more efficient, or it’s a slippery slope toward robots eventually taking over society, …

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Supreme Court lifts mifepristone restrictions for now

U.S. Supreme Court Justice Samuel Alito on Friday temporarily blocked lower court rulings that imposed tighter restrictions on the abortion pill mifepristone. U.S. Judge Matthew Kacsmaryk of the U.S. Northern District of Texas suspended the Food and Drug Administration’s approval of mifepristone last week. related investing news The U.S. 5th …

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The 3 best ways to pay down credit card debt as APRs hit new high

Collectively, Americans owe more on credit cards than ever before. And they’re paying a higher price for it, as well. The average annual interest rate for credit cards is now near 21%, according to data from the Federal Reserve — marking the highest rate since the Fed began tracking this …

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Countries that are embracing or experimenting with a 4-day workweek

The four-day workweek is picking up steam across the globe.  Dozens of countries including Ireland, Spain and the UK have tested a 4-day workweek, with overwhelmingly positive results: Businesses that participated in a six-month trial in the UK, which ended in December 2022, said switching to a 4-day workweek improved …

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Nvidia’s H100 A.I. chips selling for more than $40,000 on eBay

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., announces the EGX Edge Supercomputing Platform during the company’s event at Mobile World Congress Americas in Los Angeles, California, Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Nvidia’s most-advanced graphics cards are selling for more than $40,000 …

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Burger King’s turnaround plan boosts sales, customer satisfaction

Seven months after Burger King unveiled a strategy to revive its U.S. business, the chain is selling more Whoppers than ever before. Burger King U.S. President Tom Curtis told CNBC that preliminary improvements to restaurant operations and new marketing campaigns are already boosting sales and customer satisfaction, although it’s still …

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Ether rallies 12% in two days, briefly topping $2,100 after tech upgrade

Ether, the digital token of the Ethereum blockchain, is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Cryptocurrencies built on their post-Shanghai/Shapella gains Friday as investors breathed a sigh of relief that Ethereum’s latest tech upgrade was completed successfully and without some …

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