IRS set to launch its free tax-filing pilot program for some taxpayers. Here's what to expect (www.cnbc.com)
Some taxpayers will soon qualify for Direct File, a free tax-filing option from the IRS....
The world will have its first trillionaire within a decade, but poverty won't be eradicated for another 229 years, report finds (www.cnbc.com)
The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected (www.cnbc.com)
Beijing intensifies military pressure on Taiwan as U.S.-China talks resume (www.cnbc.com)
China sent dozens of military aircrafts and naval ships toward Taiwan, some of which crossed over the Taiwan Strait....
Guterres: UN to punish staffers involved in 'terror,' urges UNRWA funding (www.cnbc.com)
United Nations Secretary-General Antonio Guterres vowed on Sunday to hold to account “any U.N. employee involved in acts of terror” after allegations that some refugee agency staffers were involved in the Oct. 7 Hamas attacks on Israel....
Turkey hikes interest rate again to 45% after inflation nears 65% (www.cnbc.com)
Turkey’s central bank on Thursday hiked its key interest rate by another 250 basis points to 45%....
Fake rich? Affluent millennials are more likely to exaggerate to appear wealthy (www.cnbc.com)
Netflix adds 13.1 million subscribers, tops revenue estimates (www.cnbc.com)
This is so strange to me. I guess people enjoy being ripped off and getting less and less value for their money.
44% of Americans can't pay an unexpected $1,000 expense from savings. ‘We're just not wired to save,’ expert says (www.cnbc.com)
When faced with an unexpected $1,000 expense, more than one-third of Americans would borrow the money, according to a new Bankrate survey. That may include tapping their credit cards, seeking money from friends or family or taking out a personal loan....
Why China poses a growing threat to the U.S. auto industry (www.cnbc.com)
Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. market....
Saudi Arabia opens its first-ever alcohol store — but it's only accessible to a select group (www.cnbc.com)
Saudi Arabia has opened its first alcohol store in the diplomatic quarter of its capital Riyadh, two sources told CNBC....
Mega-rich renew call on global leaders at Davos to 'tax our extreme wealth' (www.cnbc.com)
More than 250 billionaires and millionaires on Wednesday reiterated their call on elected representatives of the world’s leading economies to introduce higher taxes on the very richest in society....
The world will have its first trillionaire within a decade, but poverty won't be eradicated for another 229 years, report finds (www.cnbc.com)
Appeals court upholds ‘pharma bro’ Martin Shkreli lifetime ban from drug industry (www.cnbc.com)
Appeals court upholds ‘pharma bro’ Martin Shkreli lifetime ban from drug industry::Martin Shkreli served a criminal sentence for securities fraud related to a pharmaceuticals company he founded.
Lenovo bets its Motorola smartphone brand will be the third-biggest globally in 3 years (www.cnbc.com)
The Buy Now, Pay Later holiday debt hangover has arrived, as consumers wonder how they'll pay bills (www.cnbc.com)
Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips (www.cnbc.com)
Summary: Meta, led by CEO Mark Zuckerberg, is investing billions in Nvidia’s H100 graphics cards to build a massive compute infrastructure for AI research and projects. By end of 2024, Meta aims to have 350,000 of these GPUs, with total expenditures potentially reaching $9 billion. This move is part of Meta’s focus on...
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature (www.cnbc.com)
Apple will avoid ban by selling latest Apple Watches without blood oxygen feature::Apple will be able to continue importing and selling Apple Watches as it battles with Masimo in court
Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules (www.cnbc.com)
Iowa Republican caucus sets new record for state political ad buys: $120 million (www.cnbc.com)
The battle to win the Republican Iowa caucus is the most expensive on record, with over $120 million spent on ads by the campaigns and their affiliated political action committees in the Hawkeye State, according to data provided to CNBC by AdImpact....
Amazon cuts hundreds of jobs in Prime Video and MGM Studios (www.cnbc.com)
Amazon cuts hundreds of jobs in Prime Video and MGM Studios::Mike Hopkins, who oversees those units, sent a note to staffers informing them of the job cuts.
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year (www.cnbc.com)
Ship hijacked off Oman appears to change course toward Iran waters (www.cnbc.com)
An oil tanker was boarded by armed individuals near the Gulf of Oman on Thursday and appeared to change course toward Iranian waters, according to the U.K. Marine Trade Operations....