Investors are on edge about potential changes to the Fed’s balance sheet plan
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff of its balance sheet, known as “quantitative tightening,” or QT.
Taco Bell parent Yum Brands partners with Nvidia to speed up use of AI
A Taco Bell fast-food restaurant and drive-thru at dusk in Gastonia, North Carolina. Jeff Greenberg | Universal Images Group | Getty Images Two chipmakers are teaming up. Yum Brands is partnering with tech giant Nvidia to accelerate the use of artificial intelligence in its restaurants. The restaurant company, which owns Taco Bell, KFC and Pizza […]
Watch NASA astronauts return on SpaceX capsule after months on the ISS
[The stream is slated to start at 4:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] NASA astronauts Butch Wilmore and Suni Williams are set to splash down on Earth on Tuesday evening after spending more than nine months in space. They were originally supposed to […]
Netflix paid $55 million for a show. Prosecutors say the creator blew it on Rolls Royces and crypto.
Netflix paid Carl Erik Rinsch top dollar during the peak streaming boom for a sci-fi series he never delivered, losing it all on bad investments and luxury goods, prosecutors say
Nvidia, GM announce deal for AI, factories and next-gen vehicles
Nvidia is building out an automotive tech business. Pictured here are its autonomous vehicle test cars at the company’s auto garage in Santa Clara, California, on June 5, 2023. Bloomberg | Bloomberg | Getty Images General Motors and Nvidia have agreed to a strategic collaboration that includes the automaker using several products and artificial intelligence […]
‘They hate our generation’: My son and daughter-in-law want us to sell our house — and move to Oregon to start a commune
“They have spent thousands of dollars taking month-long earthship-building classes.”
Frontier Airlines offers free checked bags promo in swipe at Southwest
Frontier Airlines took a swipe at Southwest Airlines‘ plan to start charging for seat assignments and checked luggage by doing the opposite. Budget carrier Frontier said customers can receive a bundle that includes a seat assignment and a carry-on bag without an upcharge if they book Tuesday through March 24 for travel through Aug. 18. The promotion […]
Cadillac expects one of every three vehicle sales to be EVs in 2025
2025 Cadillac Escalade IQ Michael Wayland / CNBC SAN FRANCISCO — Cadillac expects roughly one of every three vehicles it sells in the U.S. this year to be all-electric models, as the automaker continues to expand its EV lineup despite industrywide slower-than-expected adoption of the vehicles. The General Motors luxury brand is expected to offer […]
Oil prices boosted by rising Middle East tensions
Oil futures rose Tuesday, on track for a third straight gain, as investors monitored rising Middle East tensions following U.S. attacks on Iran-backed Houthi rebels in Yemen over the weekend that drew threats of retaliation.
Astronauts Butch Wilmore, Suni Williams returning to Earth on SpaceX ship
NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA The two U.S. astronauts who had been at the International Space Station for nine months after their faulty Boeing Starliner capsule returned without them are finally heading home. NASA astronauts Butch Wilmore and […]
