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The Latest Breaking News from CNBC

Google boss Sundar Pichai says staff are bemoaning office ghost towns—‘not a nice experience’

The search engine giant is facing what is likely its greatest competitive threat since it was founded in 1998, forcing Pichai to make tough choices on costs.

Fortune

CBO director to brief House members ahead of budget release

WASHINGTON — Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook as lawmakers consider whether to adjust spending levels in conjunction with lifting the debt limit.

Tribune News Service

CBO director to brief House members ahead of budget release - Roll Call

Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook.

Roll Call

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Tesla Investor Day Impressed Former Ford CEO Mark Fields

Tesla spent hours reiterating its successes and vague future plans. Many folks were unimpressed, but Fields thinks Tesla did a solid job proving its lead.

InsideEVs

Google’s head of ChatGPT rival Bard reassures employees it’s ‘a collaborative A.I. service’ and ‘not search’

Employees peppered Google execs with uncomfortable questions about search and A.I. chatbots at an all-hands meeting on Thursday.

Fortune

AOC boasts she was right after Amazon ceases building HQ2 in Washington DC

‘Amazon wanted $3.5bn in benefits from NY to build this thing they’ve stopped building. @AOC was right’

The Independent UK

Woman lives completely rent free in 'luxury tiny home' she built in huge back garden

Precious Price, 26, decided to rent out her entire three-bedroom home during the Covid pandemic and built herself a new place to stay in the garden.

Daily Record

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Woman, 26, lives completely rent free after building 'luxury tiny home' in back garden

After her income dried up in 2020, Precious Price came up with the revolutionary idea of building a 'luxury' 296-square-foot tiny home in her back garden - where she now resides rent free

Daily Mirror

Ex-NFL LB Blake Martinez is making so much money off selling rare Pokémon cards after retirement

Blake Martinez is trying to "catch 'em all" with his business.

USA Today Sports Media Group

Former NFL player makes $5m selling Pokemon cards

Blake Martinez played for the Green Bay Packers, New York Giants and Las Vegas Raiders during a seven-year career

The Independent UK

Ex-NFL LB Blake Martinez Has Made Millions Selling Pokémon Cards

The ex-Packers player is trading in a new lucrative venture.

Sports Illustrated

Former NFL LB Blake Martinez making millions selling Pokemon cards

Blake Martinez is raking in big bucks after retiring from the NFL

USA Today Sports Media Group

Ohio town reels from Norfolk Southern derailment disaster

EAST PALESTINE, Ohio — On the night three weeks ago that a Norfolk Southern train derailed here, flames erupted from the wreckage and released toxic smoke. Brian Crossmon said his eyes burned and his girlfriend’s 9-year-old son vomited as they were forced to flee their home.

Tribune News Service

Jamie Dimon says the Fed has ‘lost a little bit of control’ on inflation and the economy is facing some ‘scary stuff’

The Fed’s path to bringing down inflation is still far from guaranteed.

Fortune

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Axios

Norfolk Southern blames misinformation for its derailed response

As the spotlight on Norfolk Southern intensified, the company failed to adequately address the tough questions required to regain control of the narrative and reestablish trust.

Fortune

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

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.

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Fortune

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

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.

Reason

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

Fortune

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?

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People

Alexandria OcasioCortez

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