In 2020, Purple left her corporate job to retire early at just 30 years old. The blogger, who goes by Purple online and in the media to maintain her privacy, has been traveling the world and chronicling her FIRE journey, which stands for financial independence and early retirement, online for the last […]
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Amazon’s most powerful new Alexa features being powered by Anthropic’s AI, sources say
Amazon, the leading investor in artificial intelligence startup Anthropic, is relying on that company’s AI models to power the most advanced capabilities in new Alexa devices, according to two people familiar with the matter. Anthropic’s Claude large language model is handling the vast majority of questions that customers have been […]
Bitcoin turns positive but still heads for its worst week since 2022 FTX collapse
Bitcoin turned positive on Friday after the latest personal consumption expenditures price index came in line with expectations, after falling below the $80,000 level overnight for the first time in three months. The price of bitcoin was last higher by 1% to $84,148.34, according to Coin Metrics. Earlier, it fell as low […]
Nvidia bounces back from post-earnings slide, climbing above $3 trillion market cap
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images Nvidia shares rebounded 3.9% Friday, pushing the tech giant back into the $3 trillion market […]
Intel delays Ohio chip plant opening to next decade, was supposed to start production by 2026
US President Joe Biden, second left, tours the site of the new Intel semiconductor manufacturing facility near New Albany, Ohio, US, on Friday, Sept. 9, 2022. Gaelen Morse | Bloomberg | Getty Images Intel is pushing off the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday. […]
FAA clears SpaceX for another Starship test flight after explosion in January
SpaceX’s Super Heavy booster is seen on the launch pad, without the Starship atop, as it is prepared for launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. Feb. 27, 2025. Joe Skipper | Reuters Elon Musk’s SpaceX has attained authorization from the […]
State Street, Apollo team up to launch first of its kind private credit ETF
Omar Marques | Lightrocket | Getty Images There’s a new ETF in town. SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) will trade Thursday at the NYSE. This fund intends to invest at least 80% of its net assets in investment grade debt securities, including a combination of […]
In wake of southern California wildfires, a diverse small business community looks to rebuild
Little Red Hen, a family-owned cafe in Altadena, was destroyed in last month’s deadly fires. Courtesy: Shay family When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe she owned. Gone were the ingredients for menu items like […]
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
A customer shops for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas. Brandon Bell | Getty Images Early economic data for the first quarter of 2025 is pointing towards negative growth, according to a Federal Reserve Bank of Atlanta measure. The central bank’s GDPNow tracker […]
Trump’s latest midday surprise briefly jolts the market — plus, our February winners and losers
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Wall Street is attempting to rebound Friday, but policy uncertainty in Washington continued to get in the way. A […]