OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns
More than 500 of the artificial intelligence company's roughly 770 workers signed a letter, threatening to follow Sam Altman to Microsoft unless their demands are met.
Microsoft hires OpenAI founder Sam Altman after being ousted
Meanwhile, the new head of ChatGPT maker OpenAI said Monday that he would launch an investigation into the firing of Sam Altman -- a corporate shakeup that shocked the artificial intelligence world.
Amazon warns employees: No promotions without following in-office mandate
Amazon employees who don’t abide by the company’s return-to-office mandate could jeopardize their pursuit of promotions.
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
US Postal Service records whopping $6.5 billion net loss for 2023
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
Flat October inflation leaves consumer prices unchanged
Consumer prices held steady in October as prices remained the same as the month before, and on an annual basis, prices rose 3.2% in October, a deceleration from the 3.7% growth in September.
Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
How to avoid online holiday scams and what to do if you fall for them
It's the holiday season – and that means scammers are working around the clock trying to find new ways to take your hard-earned money.
Kim Kardashian’s SKIMS plans to open DC store
Kim Kardashian’s shapewear line SKIMS has filed plans to open a brick-and-mortar location in Georgetown.
Homebuying to remain slow through 2023: agent survey
High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.
Alarming number of Americans fall deeper into credit card debt each month: survey
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Chipotle founder opening robot-powered, meat-free restaurants
Each store will be manned by 3 people who will team up with robots to make meat-free burgers, faux chicken sandwiches, salads and acai bowls.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Gas prices’ steady decline might gain momentum as holidays approach: AAA
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
Planet Fitness considers raising its $10 membership fee
The fitness chain’s interim CEO discussed a potential price hike on memberships, a move the company has not made in years.
Man crushed to death by industrial robot that confused him for a box: police
The victim, a worker in his 40s, was inspecting the robot's sensor at a vegetable-packaging plant this week when the incident took place.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
Auto loans much more expensive for drivers with bad credit: report
Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.