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The Latest Breaking News from CNBC

Real estate slump hits home as Wells Fargo axes hundreds of mortgage bankers days after taking some on a California retreat

Several Wells Fargo mortgage bankers were at a retreat at Palm Desert just a few weeks ago. Now, many of them have lost their jobs.

Fortune

Google is asking staff to share with a 'desk partner' but they have to agree on tidiness and decorations

The Big Tech company also wants to create "neighborhoods" of 200 to 300 employees to ensure a smooth transition to the new working environment.

Fortune

Elon Musk Is Pushing To Expand Tesla in This State

The electric vehicle company is broadening its presence with a big move.

The Street

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We're in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official

“If inflation doesn’t start to come down, you risk this replay of the 1970s... Let’s be sharp now, let’s get inflation under control,” St. Louis Fed President James Bullard told CNBC Wednesday.

Fortune

CNBC's Becky Quick Fires Back at Viewer Upset About Network's Coverage of Tesla

Quick sets the record straight on the Tesla recall.

The Street

Everyone will have a personal ChatGPT-style assistant in the future, says world wide web inventor Tim Berners-Lee

He said the applications of the A.I. as an assistant "could be sweet."

Fortune

CNBC Anchor Calls Out Charlie Munger After His Viral Rant

Bitcoin proponents are pushing back against Munger.

The Street

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Warren Buffett’s long-time partner Charlie Munger says he’s ‘not proud of my country’ for allowing crypto to thrive, calling it ‘very dangerous’

Munger has previously criticized cryptocurrencies, which have plunged in value over the past year.

Fortune

Renegade SEC Commissioner Wants To Save Crypto: Live With Hester Peirce, Nick Gillespie, and Zach Weissmueller

Join Reason on YouTube and Facebook on Thursday at 1 p.m. ET for a discussion of what the SEC's settlement with crypto giant Kraken means for the future of decentralized finance

Reason

Microsoft and Google are in a ‘Game of Thrones’ battle over A.I., Wedbush’s Dan Ives says

Tech companies are racing to figure out how to implement A.I. in their products, and it’s not just about search engines.

Fortune

'Father of the internet’ Vint Cerf tells investors to think before pouring money into A.I. bots like ChatGPT

Google evangelist Vint Cerf thinks investors should "be thoughtful" before pouring money into ChatGPT-like tools just because they are cool.

Fortune

Microsoft's demo of Bing AI also made factual errors

Tech leaders are increasingly warning that A.I. programs like ChatGPT and Google's Bard can give convincing, yet entirely incorrect, answers.

Fortune

Inflation may stick around for a decade because of millennial and Gen Z spending

Will young Americans' spending habits be what causes inflation to stick around longer?

Fortune

Cathie Wood's Chief Futurist Succinctly Explains His Firm's Dire Warning on Google

Ark Invest's Brett Winton's doom scenario for Alphabet includes his thoughts on its upcoming four stages of grief.

The Street

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Axios

The SEC gives crypto a fresh scare

Recent enforcement actions constitute the clearest warning yet.

InsideEVs

Tesla Stock Could Hit $1,500 A Share By 2030, Says Investor Ron Baron

Tesla stock is back on the rise after a miserable end of 2023. The EV maker cut prices and demand is high. It seems EVs are catching on and are here to stay.

The Street

Apple Co-Founder Steve Wozniak Explains Main Reason Why ChatGPT, AI Can Make 'Horrible' Mistakes

Wozniak says the new AI technology is impressive, but it lacks one key quality it will never have.

The Independent UK

Biden says Chinese spy balloon was ‘not a major breach’ of national security after crucial evidence lost in ocean

The president says he wanted it to be shot as soon as possible

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news in one place.

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Fortune

Disney CEO Bob Iger says success made him ‘overconfident’ and dismissive of others. Now he wants to bring more ‘self-awareness’ to his second stint with the company

Iger recently returned to the helm of the entertainment giant.

Salon

Santos linked to bad checks to breeders

According to Santos, someone had stolen his checkbook

The Street

Top Tech Investor Thinks 2 Factors Have Led to Major Google Sell-Off

The Google stock price dropped on Feb. 8. There was more to it than just the error that appeared in a demonstration of its new artificial intelligence technology.

Salon

Dominion nails Fox News over fraud proof

Dominion's attorney took the company's complaints to a judge

The Street

Jim Cramer Names 10 Stocks He Thinks Have 'Room to Run'

These stocks are poised for a rebound in 2023, according to Cramer.

Salon

Kids valentines are too damn competitive

Forget homemade or mere paper sentiments. Don't show your face in class unless your cards come with a bonus item

Fortune

Signs of life in the housing market could spell trouble

"All things being equal, that means we'd have to do more with our other tools," Minneapolis Fed President Neel Kashkari says.

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