Billions are on the line for lenders as White House finalizes credit card late fee cap of $8 (www.cnbc.com)
There were nearly 400 strikes in 2023, and experts think there's more to come: 'Nothing succeeds like success' (www.cnbc.com)
Target blamed theft and violence for 9 store closures. Crime is higher at locations it kept open nearby (www.cnbc.com)
Nikola founder to be sentenced for federal fraud charges (www.cnbc.com)
Nikola founder to be sentenced for federal fraud charges::Nikola founder Trevor Milton was found guilty in October 2022 on two counts of wire fraud and one count of securities fraud.
Tesla to raise pay for hourly Nevada Gigafactory workers in January — move could stave off union interest (www.cnbc.com)
Only 60% of student loan borrowers made payments when bills restarted in the US (www.cnbc.com)
Oil major BP becomes latest to pause Red Sea shipments as Houthi attacks continue (www.cnbc.com)
BP has become the latest firm to pause travel through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen....
Maersk to pause all container ship traffic through the Red Sea (www.cnbc.com)
Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday....
FCC votes to ban termination fees for cable and satellite services (www.cnbc.com)
FCC votes to ban termination fees for cable and satellite services::FCC Chairwoman Jessica Rosenworcel cast the deciding vote to ban cable and satellite companies from issuing early termination fees.
‘Too many things unaffordable:’ Biden fires up price wars as inflation cools (www.cnbc.com)
More than 15% of teens say they’re on YouTube or TikTok ‘almost constantly’ (www.cnbc.com)
More than 15% of teens say they’re on YouTube or TikTok ‘almost constantly’::A new Pew Research Center study finds that more than 15% of teens say they’re on YouTube or TikTok “almost constantly.”
Google weighs Gemini AI project to tell people their life story using phone data, photos (www.cnbc.com)
UAW files unfair labor practice charges against Hyundai, Honda and VW, accusing them of union busting (www.cnbc.com)
62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds (www.cnbc.com)
Breaking news: in one of the most productive countries / economies in the entire history of humanity, the majority of people creating that productivity do not get to enjoy the rewards of that productivity....
Marcos vows to defend the Philippines' sovereignty amid China's 'aggression and provocations' (www.cnbc.com)
Philippine President Ferdinand Marcos Jr. has vowed to step up the country’s defense of its maritime zones in the South China Sea after Filipino and Chinese vessels collided over the weekend in what Manila has labeled a “serious escalation.”...
More retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’ expert says (www.cnbc.com)
'Excess profits' at big energy and consumer companies pushed up inflation, report claims (www.cnbc.com)
This 28-year-old pays $62 a month to live in a dumpster he built for $5,000—take a look inside (www.cnbc.com)
Facebook and Instagram content enabled child sexual abuse, trafficking: New Mexico lawsuit (www.cnbc.com)
Meta enabled child sexual abuse, served up explicit content, and failed to disrupt trafficking on its platforms, New Mexico's attorney general said in a suit.
Elon Musk considers reinstating Alex Jones' X account, backtracking on prior decision (www.cnbc.com)
Temu, the Chinese e-commerce platform, is drawing shoppers from U.S. dollar stores, data shows (www.cnbc.com)
Meta and Microsoft say they will buy AMD’s new AI chip as an alternative to Nvidia’s (www.cnbc.com)
Meta and Microsoft say they will buy AMD’s new AI chip as an alternative to Nvidia’s::AMD’s newest AI chip, the Instinct MI300X, could give big tech buyers leverage over Nvidia, if it works as advertised and is price-competitive.
Biden administration asserts power to seize drug patents in move to slash high prices (www.cnbc.com)
The Biden administration on Thursday asserted its authority to seize the patents of certain costly medications in a new push to slash high drug prices and promote more pharmaceutical competition....