CNBC US News
Retail sales rose 0.6% in December, topping expectations for holiday shopping
Retail sales increased 0.6% for the month, buoyed by a pickup in clothing and accessory stores as well as online nonstore businesses.
Now hiring: ‘New-collar’ workers, no degree necessary
The job market may be cooling but there are opportunities ahead, especially for new-collar workers.
OpenAI quietly removes ban on military use of its AI tools
OpenAI has quietly walked back a ban on the military use of ChatGPT and its other artificial intelligence tools.
Judge blocks JetBlue-Spirit merger after DOJ's antitrust challenge
JetBlue's proposed $3.8 billion purchase of discounter Spirit would have produced the country's fifth-largest airline.
'We have a huge fiscal problem': Banking group IIF sounds the alarm on record global debt
Policymakers across the globe need to take action to tackle record levels of debt, according to the chief executive of the Institute of International Finance.
Homebuilder sentiment improves for second straight month, following drop in mortgage rates
Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index.
The Israel-Hamas war has already triggered U.S. military action. Is war with Hezbollah next?
The question is in sharp focus following a series of dramatic escalations around the region in the last few days.
Mortgage demand surges more than 10% as lower interest rates lure homebuyers
Total mortgage application volume jumped 10.4%, compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
UN chief calls for global risk management of AI, warns of 'serious unintended consequences'
Speaking at the World Economic Forum in Davos, Switzerland, Guterres warned that the rapid development of AI could result in "serious unintended consequences."
Here's what Apple had to change as a result of the Epic Games legal battle
The shift is the most tangible result from Epic Games' legal challenge to the App Store.
Meta CEO Mark Zuckerberg to be deposed in Texas facial recognition case
Meta CEO Mark Zuckerberg must take part in a deposition as part of an ongoing lawsuit in Texas involving the company's facial recognition technology
Amazon launches generative AI tool to answer shoppers' questions
Amazon's new AI feature could save shoppers from scrolling through pages of reviews or reading through a listing in order to find information about a product
Jurors in Trump defamation trial told: ‘It's time to hold him accountable’
Donald Trump has lost one lawsuit to E. Jean Carroll already and could be forced to pay her millions more.
Haslam family sells Berkshire Hathaway remaining 20% share of Pilot Travel Centers
The sale of the Haslam stake to Berkshire Hathaway comes after they settled a Delaware Chancery Court case over accounting of the value of Pilot Travel Centers.
Corporate debt defaults soared 80% in 2023 and could be high again this year, S&P says
The number of companies that failed to make required payments on their debt totaled 153 for 2023, up from 85 the year before.
Elon Musk wants more control of Tesla, seeks 25% voting power
Elon Musk says he's 'uncomfortable' growing Tesla without 25% voting control
AMD shares jump 8% to highest close since 2021 on AI chip demand
AMD is one of two major producers of graphics processing units, which were created for advanced computer games and are now key to artificial intelligence.
Burger King owner Restaurant Brands buys chain's largest U.S. franchisee
Restaurant Brands International will spend about $1 billion to buy Carrols Restaurant Group, the largest U.S. franchisee of Burger King.
Appeals court rejects X challenge to special counsel secret demand for Trump Twitter data
Jack Smith obtained a search warrant for Donald Trump's Twitter account as part of a criminal probe into alleged election interference by the former president.
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