Microsoft, Salesforce woo skeptical CFOs on new generative AI spending

Microsoft, Salesforce woo skeptical CFOs on new generative AI spending

Optimism around the transformational opportunity of generative artificial intelligence continues to grow. As Nvidia CEO Jensen Huang recently told CNBC’s Jim Cramer after unveiling a new generation of AI chips and new deals taking AI beyond the tech sector, with Johnson & Johnson and GE Healthcare, “We’re in the beginning of this AI computing ramp. … Read more

Remote workers get up to 30% pay increase for switching to in-office jobs, says new research

Remote workers get up to 30% pay increase for switching to in-office jobs, says new research

Getting people back to the office comes with a steep price tag — and those willing to swap their remote job for working in an office full-time could see the biggest change in their paychecks. Salaries for fully in-office roles are climbing in the United States. Companies are offering an average $82,037 for in-person roles, … Read more

U.S. labor market is in ‘good shape’

U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Best- and worst-paying college majors, 5 years after graduation

Best- and worst-paying college majors, 5 years after graduation

If you want to make the most money possible right after college, study to be an engineer. As a major, it’s the safest bet in terms of earning power. Engineering degrees occupy nine of the top 16 college majors with the highest incomes five years after graduation, a recent New York Federal Reserve study reveals.  … Read more

No ‘cracks’ in U.S. strong jobs growth

No ‘cracks’ in U.S. strong jobs growth

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

How much money Americans in their 30s have in their 401(k)s

How much money Americans in their 30s have in their 401(k)s

Americans in their 30s have another 30 or so years before they reach retirement age, but they may not be saving enough to retire comfortably. On average, Americans believe they’ll need nearly $1.3 million to retire comfortably, according to Northwestern Mutual’s 2023 Planning and Progress study. However, the amount Americans in their 30s currently have … Read more

Elon Musk’s SpaceX hit with NLRB complaint over severance

Elon Musk’s SpaceX hit with NLRB complaint over severance

The SpaceX logo is shown on a Falcon 9 rocket as it is prepared for launch to carry NASA’s SpaceX Crew-8 astronauts Matthew Dominick, Michael Barratt, and Jeanette Epps, and Roscosmos cosmonaut Alexander Grebenkin to the International Space Station at the Kennedy Space Center, in Cape Canaveral, Florida, U.S., March 2, 2024. Joe Skipper | … Read more

Chrysler parent Stellantis laying off 400 salaried U.S. workers

Chrysler parent Stellantis laying off 400 salaried U.S. workers

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images DETROIT — Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as the automaker faces what … Read more

Biden to forgive $5.8 billion in student debt for nearly 78,000 borrowers

Biden to forgive .8 billion in student debt for nearly 78,000 borrowers

U.S. President Joe Biden announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.  Kevin Lamarque | Reuters The Biden administration announced Thursday it would forgive $5.8 billion in student debt for 77,700 borrowers through the … Read more

UAW says VW workers at Tennessee plant file for union election

UAW says VW workers at Tennessee plant file for union election

A VW EV ID.4 cross-over at Volkswagen of America plant in Chattanooga, TN, June 8, 2022. Michael Wayland | CNBC DETROIT – Volkswagen workers at a plant in Tennessee have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers, the union announced Monday. The filing comes … Read more