Latest in Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
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The average IRS tax refund is more than 32% lower so far this season, early filing data shows. Here's why
The average IRS tax refund is more than 32% lower so far this season, according to early filing data. Here's what to know.CNBC - 1d -
Weekly quiz: What did a kayaker notice when a whale swallowed him?
How much attention did you pay to what else has been going on in the world over the past seven days?BBC News - Feb. 20 -
OpenAI’s ChatGPT explodes to 400M weekly users, with GPT-5 on the way
OpenAI's ChatGPT reaches 400M weekly users and doubles enterprise adoption to 2M+ users, signaling major AI shift as company prepares GPT-5 launch amid growing competition from DeepSeek and xAI.VentureBeat - Feb. 20 -
List weekly accomplishments or resign, Musk tells US federal workers
The weekend email comes as Elon Musk leads an effort to aggressively curtail the government workforce.BBC News - 4d -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - 2d -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 2d -
Egg Prices Could Jump Another 41% This Year
USDA is also spending more to battle avian flu, which caused 166 million chickens to be culled to prevent disease spread.Inc. - 1d -
Economic partnership will protect the Ukrainian people and the US taxpayer
Trump’s bold international leadership aligns interests and benefits allFinancial Times - 5d -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 4d -
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Satellite rivalries are politicising the world’s economic plumbing
Governments are increasingly wary of relying on foreign communication systemsFinancial Times - 3d -
Analyzing potential economic consequences of DOGE cuts
The Trump administration ordered the termination of more than 6,000 Internal Revenue Service employees last week. According to a local union, that includes roughly 1,000 IRS workers in Kansas City ...CBS News - 23h -
UK services exports shine amid economic gloom
Consulting is key to unlocking growth in the face of global headwinds, says analystsFinancial Times - 18h -
Why Americans are planning an "economic blackout" day
Activists are planning an "economic blackout" day on Feb. 28 to limit spending at major retailers. The move is part of a growing protest to rising prices across the nation. Betty Lin-Fisher, a ...CBS News - 3h -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - 6d -
Nvidia revenues jump almost 80% on booming AI chip sales
Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growthFinancial Times - 15h -
FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs, and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - 12h -
Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.The New York Times - 6h -
Autodesk says it’s cutting 9% of its workforce, and shares jump
Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...MarketWatch - 1h -
Paramount skids to a loss but says merger expected to close in first half as expected
Paramount Global Inc. swung to a loss in the fourth quarter despite marked growth in its streaming service, as the company said it was still on target to close its merger with Skydance in the first ...MarketWatch - 22h -
Sources: Popovich not expected back this season
Spurs Hall of Fame coach Gregg Popovich is not expected to return this season, and his NBA future is uncertain as he recovers from a stroke suffered in November, sources told ESPN's Shams Charania.ESPN - 4d -
House budget resolution vote expected
The House of Representatives is expected to vote on a budget plan that would extend cuts to several parts of government spending. CBS News' Taurean Small reports.CBS News - 2d -
Here's what to know about the "Feb 28 Economic Blackout" protest
A grassroots effort is asking American consumers to refrain from making purchases at major retailers for one day in February.CBS News - 6d -
US stocks post worst slide in two months on gloomy economic data
Sentiment among businesses and consumers cools sharply as tariffs and inflation take a tollFinancial Times - 6d -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - 5d -
Bessent says US-Ukraine deal has 'implicit' economic security guarantee
Treasury Secretary Scott Bessent said a U.S.-Ukraine deal featuring “strategic minerals, energy and state-owned enterprises” has an “implicit” economic security guarantee. “This deal is part of ...The Hill - 4d -
Consumer confidence plunged in February amid rising economic concerns
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.CBS News - 2d -
Ad giant WPP says economic uncertainty is building. Its stock is sliding.
WPP, the world’s largest advertising company, saw its shares plunge on Wednesday after it forecast that sales may drop this year.MarketWatch - 8h -
Trump’s threatened 25% tariffs on EU imports could trigger ‘economic turmoil’
US president’s plan could prove to be an economic shock to both blocs, German thinktank says. Business live – latest updates Donald Trump’s threatened 25% tariffs on EU imports could trigger ...The Guardian - 6h -
Business secretary apologises for solicitor claim
Jonathan Reynolds denies "misrepresenting" his legal career after saying he worked as a solicitor.BBC News - 2d -
Latest news on Trump administration's mass layoffs
Thousands of Americans who worked as federal employees are out of a job and more cuts are coming after a federal judge allowed the Trump administration's mass layoffs plan to continue. CBS News' ...CBS News - 6d -
The Latest: Polls open in Germany in crucial general election
German voters are heading to the polls for a national electionABC News - 4d -
Alarm over Musk's latest demands for federal employees
Elon Musk posted on social media about federal workers having to document their work or risk losing their jobs. This comes as more details emerge about USAID worker firings and as Musk persists on ...CBS News - 3d -
Starbucks to cut 1,100 jobs in latest streamlining move
Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.MarketWatch - 3d -
Latest on Pope Francis' condition as he remains hospitalized
The Vatican press office said there were "no episodes of asthmatic respiratory crisis" on Monday, and some laboratory tests "have improved."ABC News - 3d -
Trump administration backtracks from latest Musk storm
The Trump administration on Monday appeared to be quickly retreating from Elon Musk's demand that all federal workers send an email by the end of the day highlighting their achievements or resign. ...The Hill - 2d -
Warren Davidson is the latest Republican to oppose the House budget
He joins at least three other Republicans who are leaning against Speaker Mike Johnson's plan. Still others are undecided.Politico - 2d -
Latest news on legal rulings against Trump administration
The Trump administration was dealt several legal blows in cases involving USAID, federal grants and the refugee programs targeted by the president. CBS News' Katrina Kaufman reports.CBS News - 1d -
Latest news on Trump's alarming EPA cuts remarks
The White House says President Trump mispoke when he alluded to deep staff cuts at the Environmental Protection Agency. This comes as a new budget plan passed in the House and fears remain about ...CBS News - 8h
