Tag: business

A first generation iPhone going up for auction hopes to fetch $50,000

New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated value of $50,000. Originally on sale for $599, the first iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It …

A first generation iPhone going up for auction hopes to fetch $50,000 Read More »

ECB and Bank of England hike interest rates again in fight with inflation

London CNN — Europe’s two largest central banks raised interest rates sharply on Thursday, opting for bigger increases than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England lifted rates by another half a percentage point. Benchmark interest rates for …

ECB and Bank of England hike interest rates again in fight with inflation Read More »

Tesla Lost $140 Million on Elon Musk’s Bitcoin Bet Last Year

Photo: Michael Gonzalez (Getty Images) Tesla’s big, bold trillion-and-a-half-dollar bet on bitcoin’s “long-term potential” is starting to look more and more like a dud. The company, at the behest of CEO Elon Musk, purchased $1.5 billion worth of the cryptocurrency back in February. Now, according to two new fillings with the SEC, the company says …

Tesla Lost $140 Million on Elon Musk’s Bitcoin Bet Last Year Read More »

ChatGPT creator launches subscription service for viral AI chatbot

CNN — OpenAI, the company behind ChatGPT, announced on Wednesday it is piloting a $20 monthly subscription plan that offers users priority access to the AI ​​chatbot even during peak times. The paid plan, called ChatGPT Plus, comes two months after the tool was released publicly and quickly went viral, thanks to its ability to …

ChatGPT creator launches subscription service for viral AI chatbot Read More »

Bizzarrini Is Back With a V12-Powered Hypercar Called Giotto

A glimpse of the future. Image: Bizzarrini The world might be on fire and we might need to make dramatic changes to our lifestyles to prevent catastrophe, but that news has not reached Italy yet. While the rest of the planet’s automakers reluctantly switch to electric or hybrid power, and global powers look to outlaw …

Bizzarrini Is Back With a V12-Powered Hypercar Called Giotto Read More »

Job openings unexpectedly jump to 11 million in December

Minneapolis CNN — Despite the looming threat of recession and the cacophony of mass layoff announcements, US businesses still need workers — 11.01 million of them. The number of available jobs unexpectedly rose in December, climbing from a revised 10.44 million openings in November and exceeding economists’ expectations of 10.25 million, according to Bureau of …

Job openings unexpectedly jump to 11 million in December Read More »

Sam Bankman-Fried’s bail is tightened over ‘threat’ of witness tampering

New York CNN — Sam Bankman-Fried is in trouble, once again, for talking too much. A federal judge on Wednesday temporarily tightened the FTX founder’s bail conditions after learning that Bankman-Fried sent a text message to a former top executive of the crypto trading platform. The judge said that appeared to be a “material threat …

Sam Bankman-Fried’s bail is tightened over ‘threat’ of witness tampering Read More »

Megyn Kelly rips TJ Holmes, Amy Robach over ‘GMA3’ affair

Megyn Kelly said ousted “Good Morning America” ​​anchors TJ Holmes and Amy Robach made a “massive PR error” in response to the public revelation of the affair that led to their exit at ABC. Kelly slammed the pair after photos emerged of Robach jumping into Holmes’ arms in a PDA-filled embrace in Los Angeles just …

Megyn Kelly rips TJ Holmes, Amy Robach over ‘GMA3’ affair Read More »

Millions of Americans earning $100K are living paycheck to paycheck: survey

More than half of Americans earning six-figure salaries admitted they were living paycheck to paycheck last year as high inflation slammed households, according to an alarming study released this week. As of the end of December, 51% of Americans with $100,000 or more in annual income said they lived paycheck to paycheck, according to the …

Millions of Americans earning $100K are living paycheck to paycheck: survey Read More »

EzriCare eye drops: CDC advises against use as it investigates dozens of infections and one death in 11 states

CNN — The US Centers for Disease Control and Prevention is urging health care providers and consumers to stop using EzriCare Artificial Tears as it conducts an investigation into at least 50 infections in 11 states that have led to instances of permanent vision loss, hospitalization and one death. Most of the people with these …

EzriCare eye drops: CDC advises against use as it investigates dozens of infections and one death in 11 states Read More »