Business

Kent Nishimura/Getty Images (NEW YORK) — Sam Altman will remain as CEO of OpenAI and rejoin its board of directors following an “extensive” external investigation into his temporary ouster last year, the company’s board announced on Friday. The OpenAI Board said it has “full confidence” in the continued leadership of Altman and co-founder Greg Brockman […]

Thomas Northcut/Getty Images (WASHINGTON) — President Joe Biden declared triumph on bread-and-butter issues in his State of the Union address, describing the U.S. economy as “the strongest in the world.” Still, he said, conditions must improve for middle-class Americans, pointing for instance to high costs in the housing market that remains resistant to a cooldown […]

Adam Gault/Getty Images (WASHINGTON) — Enthusiasm about the U.S. economy has soared in recent months but polls indicate most consumers still bemoan inflation. More than 60% of adults say recent price increases have caused financial hardship for their family, a Gallup poll in January found. Prices, in turn, have taken on outsized importance on the […]

Cesc Maymo/Getty Images (SAN FRANCISCO) — A Chinese national was arrested Wednesday in California and charged with allegedly stealing confidential trade secrets from Google’s Artificial Intelligence program while secretly working for two AI startup companies based in China, according to a newly unsealed indictment. Linwei Ding, a 38-year-old resident of Newark, joined Google as a […]

Shelby Knowles/Bloomberg via Getty Images (NEW YORK) — Target has announced a paid membership program set to begin next month, launching a subscription service similar to those on offer at competitors Amazon and Walmart. The membership program, called Target Circle 360, will cost $99 per year, unless new customers sign up at a discounted rate […]

ABC News (LAS VEGAS) — Las Vegas is testing the future of airport screening with self-security checks and ABC News’ Good Morning America got a firsthand look at how it works. ABC News transportation correspondent Gio Benitez went to Harry Reid International Airport to try what could be the future of air travel with the […]

courtneyk/Getty Images (NEW YORK) — Tax season, for many, conjures kitchen-table drudgery spent revisiting pay stubs and financial choices. For some, though, a reward awaits: a tax refund. The possibility and scale of a refund can hinge on the approach taken by a tax filer, financial advisors told ABC News. Tax credits, retirement account contributions […]

Sebastian Kahnert/Getty Images (MENLO PARK, Ca.) — Meta resolved an outage suffered by Facebook, Instagram and Threads on Tuesday, concluding a service issue that had prevented some U.S. users from logging on to the sites for several hours, Meta said in a statement. “Earlier today, a technical issue caused people to have difficulty accessing some […]

Adam Gault/Getty Images (WASHINGTON) — The Consumer Financial Protection Bureau finalized a rule Tuesday that will cut the typical credit card late fee to $8 from $32. The financial regulator estimates the move will save American families $10 billion every year — an average savings of $220 annually for more than 45 million people who […]

Matteo Colombo/Getty Images (NEW YORK) — Ten days after the Super Bowl, Wall Street held its own version — at least that’s the way some traders on social media described it. Nvidia, which had soared to prominence selling the majority of chips behind the artificial intelligence boom, was set to release buzzy quarterly earnings that […]