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ChatGPT's new feature, Nvidia's healthcare AI, and Synthesia's millions: This week's AI launches

Each week, Quartz rounds up product launches, updates, and funding news from artificial intelligence-focused startups and companies.Read more...

latest 2

Quartz

Britney Nguyen

Nvidia hearts Trump, Bitcoin bounces back, and quantum stocks take a ride: The week's most popular

Nvidia (NVDA) on Monday quickly slammed newly released Biden administration rules to regulate chip sales to foreign countries.Read more...

latest 2

Quartz

Quartz Staff

The 10 most discounted new car models, according to Consumer Reports

If you plan on buying a new car, there are some good deals out there.Read more...

latest 2

Quartz

Ben Kesslen

Nvidia bashes Biden, Meta layoffs, and the quantum stocks rollercoaster: Tech news roundup

Some of Big Tech’s top leaders will be heading to Washington, D.C. soon to attend President-elect Donald Trump’s inauguration on Monday. Among...

yesterday 20

Quartz

Britney Nguyen

GM can't sell your location data for the next 5 years

General Motors (GM) can’t sell their consumers’ geolocation and driver behavior data to consumer reporting agencies for the next five years,...

yesterday 10

Quartz

William Gavin

Costco's DEI defense, Walmart's DEI backlash, and AI in fast food: Retail news roundup

Costco (COST) is sticking to its diversity, equity, and inclusion (DEI) commitments, while Walmart faces backlash from investors over its DEI...

yesterday 10

Quartz

Francisco Velasquez

Ozempic could get cheaper as Medicare eyes drug price negotiations — and Novo Nordisk stock slips

The Centers for Medicare & Medicaid Services (CMS) said Friday that it had selected another 15 drugs for its second round of price negotiations,...

yesterday 10

Quartz

William Gavin

Jamie Dimon's right-hand man is leaving JPMorgan. Meet 4 executives who could be CEO next

JPMorgan Chase CEO Jamie Dimon has held the top spot at the largest U.S. bank by assets for almost two decades, making him the longest-serving CEO...

yesterday 10

Quartz

Rocio Fabbro

Bitcoin rises above $100,000 ahead of Trump's inauguration

Bitcoin popped back up above $100,000 for the first time in weeks late Thursday with President-elect Donald Trump’s inauguration just days...

yesterday 9

Quartz

Rocio Fabbro

TikTok ban is upheld by the Supreme Court as time is running out for the popular app

TikTok is likely seeing its final days in the U.S. after the Supreme Court on Friday upheld a law banning the social media app starting on Sunday...

yesterday 6

Quartz

Britney Nguyen

These are the 10 highest-paid nonprofit CEOs

Most nonprofit workers make modest salaries, but at some of the nation’s biggest 501(C)(3)s, the CEOs are taking home millions.Read more...

yesterday 6

Quartz

Ben Kesslen

Walgreens' digital doors looked cool but were a $200 million disaster

In a high-profile experiment, Walgreens (WBA) sought to modernize its stores by replacing traditional refrigerator doors with digital screens. The...

yesterday 1

Quartz

Francisco Velasquez

The 8 most powerful passports in the world

Singaporean travelers once again have access to more visa-free travel than anyone else, while the United States dropped to ninth place in the...

yesterday 5

Quartz

Madeline Fitzgerald

FAA orders SpaceX to investigate after its Starship rocket broke up during testing

The Federal Aviation Administration (FAA) on Friday said it would require SpaceX to issue a mishap investigation after its Starship mega-rocket...

yesterday 0

Quartz

William Gavin

Intel stock pops 8% because someone apparently wants to buy the troubled chipmaker

Intel’s (INTC) stock was up by more than 8% during late-morning trading on Friday after a report said the faltering chipmaker is being targeted for...

yesterday 0

Quartz

Britney Nguyen

Goldman Sachs hikes David Solomon's pay 25% — and offers a sweet stock deal to remain CEO

Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay...

yesterday 0

Quartz

Rocio Fabbro

Jerry Seinfeld's Porsche — driven by Steve McQueen — is going up for auction

Car collectors will have a once-in-a lifetime opportunity to bid on what is believed to be the most expensive Porsche (VWAGY) in history, when a...

yesterday 0

Quartz

Madeline Fitzgerald

Vanguard will pay $106 million over 'misleading statements' about retirement funds

Vanguard agreed to pay $106.4 million to the Securities and Exchange Commission Friday to settle charges for “misleading statements” connected to...

yesterday 0

Quartz

Rocio Fabbro

Los Angeles wildfires destroy more than 30 historically significant structures

The Los Angeles wildfires that swept across southern California last week destroyed more than 30 historically significant structures, including...

previous day 10

Quartz

Madeline Fitzgerald

The 10 industries with the biggest pay disparities between men and women

Women in the U.S. still make a lot less than men.Read more...

previous day 10

Quartz

Ben Kesslen

The 10 cities in America that make moving out of your parents' house affordable

One in three U.S. adults between 18 and 34 live in the home of their parent or parents, according to Census data. Read more...

previous day 10

Quartz

Ben Kesslen

Walmart is selling Chanel, Fendi, and Prada. Here's why that matters

Walmart (WMT) is making a big push into the luxury market and has tapped resale platform Rebag to attract wealthier shoppers.Read more...

previous day 5

Quartz

Francisco Velasquez

Big bank CEOs can't wait for Trump. Here's what they're saying

The biggest U.S. banks reported earnings this week, and the companies’ top leadership didn’t shy away from addressing the incoming Trump...

previous day 5

Quartz

Rocio Fabbro

Donald Trump’s 2007 Ferrari will go up for auction next month

A 2007 Ferrari (RACE) F430 coupe that once belonged to President-elect Donald Trump will go up for auction in February, just weeks after the...

previous day 5

Quartz

Madeline Fitzgerald

Cash App parent fined $175 million for 'woefully incomplete' response to fraud

The Consumer Financial Protection Bureauordered Cash App (SQ) operator Block to pay a total of $175 million for failing to address fraud on the...

previous day 20

Quartz

Rocio Fabbro

A Toyota subsidiary will pay $1.6 billion in a U.S. emissions scandal

Hino Motors (TM), a Toyota Motor Co. subsidiary, has agreed to plead guilty and pay a $1.6 billion fine as part of a settlement with several U.S....

previous day 10

Quartz

William Gavin

Even a major oil company is laying off thousands of workers to cut costs

Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff in an internal memo...

previous day 10

Quartz

Rocio Fabbro

'A new era': Jeff Bezos' Blue Origin launched a mega-rocket into orbit on its first try

Jeff Bezos’ Blue Origin on Thursday morning finally launched its massive New Glenn rocket into orbit, snagging a big win after years of delays....

previous day 10

Quartz

William Gavin

TSMC stock rises 5% as AI chip demand drives record net profit

Taiwan Semiconductor Manufacturing Company’s (TSM) U.S.-listed shares rose by more than 6% at the market open on Thursday morning. Read more...

previous day 5

Quartz

Britney Nguyen

Bankrupt Spirit Airlines is laying off 200 employees

In the midst of the Chapter 11 bankruptcy process, Spirit Airlines is cutting roughly 200 jobs to reduce costs.Read more...

previous day 5

Quartz

Rocio Fabbro

Check out the $100 million campus of the new Dubai private school

A major operator of Middle Eastern and North African private schools announced Monday that it will open a new $100 million Dubai campus in August,...

previous day 4

Quartz

Madeline Fitzgerald

Elon Musk, Jeff Bezos, Mark Zuckerberg, and other Big Tech leaders flocking to Trump's inauguration

President-elect Donald Trump is expected to be joined by friends, family, and major technology firm CEOs when he’s sworn in as the next president...

previous day 4

Quartz

William Gavin

Walmart investors are slamming its DEI retreat as 'disheartening'

Walmart’s (WMT) in hot water. More than 30 shareholders, representing $266 billion in assets, are demanding answers over the company’s rollback of...

previous day 2

Quartz

Francisco Velasquez

Donald Trump's fixation with Greenland, explained

President-elect Donald Trump has been sharing his interest in acquiring Greenland, which is home to the northernmost U.S. military base, arguing...

previous day 4

Quartz

Deena Zaidi

American Express to pay $230 million over 'deceitful marketing campaign'

American Express (AXP) agreed to pay a total of about $230 million Thursday to settle allegations of past deceptive marketing practices associated...

previous day 30

Quartz

Rocio Fabbro

The 5 most Ozempic states in America — and the 4 least

Diabetes and weight-loss medications, known as GLP-1 or incretin drugs, have taken the world by storm — especially the United States. Popularized...

wednesday 9

Quartz

Bruce Gil

The SEC takes one last swing at Elon Musk before Donald Trump is back

The Securities and Exchange Commission (SEC) smacked billionaire Elon Musk with new charges related to his 2022 Twitter acquisition, just days...

wednesday 20

Quartz

William Gavin

Costco is bucking the DEI retreat

At a time when many large U.S. companies are scaling back their diversity, equity and inclusion (DEI) efforts, Costco is standing firm in its...

wednesday 10

Quartz

Francisco Velasquez

Jamie Dimon says these are the 2 biggest risks to the economy

Although the U.S. economy has been resilient, with slowing inflation and a consistently strong labor market, JPMorgan Chase (JPM) CEO Jamie Dimon...

wednesday 8

Quartz

Rocio Fabbro

The Dow soars 700 points as inflation cools and banking earnings slay

The Dow surged 700 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking earnings.Read more...

wednesday 5

Quartz

Vinamrata Chaturvedi

The U.S. wants to block China from TSMC's and Samsung's advanced chips

The outgoing Biden administration is introducing even more measures focused on keeping advanced chips out of China.Read more...

wednesday 2

Quartz

Britney Nguyen

It's trying to bring back the wooly mammoth — and it just got $200 million

Colossal Biosciences, the world’s first company dedicated to bringing back animals from extinction, has secured $200 million in series C funding....

wednesday 4

Quartz

Bruce Gil

Boeing needs 'tough love,' says Trump's transportation secretary pick

President-elect Donald Trump’s nominee to succeed Pete Buttigieg at the Department of Transportation is promising to treat troubled aerospace...

wednesday 4

Quartz

William Gavin

Quantum stocks rally thanks to a 'Quantum Day' announcement and a glowing Microsoft blog post

Quantum computing stocks continued rallying Wednesday after quantum-related announcements from both Nvidia (NVDA) and Microsoft (MSFT).Read more...

wednesday 2

Quartz

Britney Nguyen

Jamie Dimon warned of economic threats as his bank posted its biggest annual profit ever

Read more...

wednesday 5

Quartz

Rocio Fabbro And Andy Mills

Trump's latest labor pick is good news for the gig economy

President-elect Donald Trump has tapped Keith Sonderling as his deputy labor secretary, handing employers in the so-called gig economy an ally.Read...

wednesday 5

Quartz

William Gavin

The FDA bans red dye No. 3 in food. Here’s what that means

The U.S. Food and Drug Administration (FDA) on Wednesdaybanned red dye No. 3 in food and beverages, decades after studies found it can cause cancer...

wednesday 1

Quartz

Francisco Velasquez

Bitcoin is near $100,000, rallying on inflation data and mirroring the stock market

Bitcoin has surged back to almost $100,000 as key inflation reports show a slowdown, and the stock market is rebounding. The top cryptocurrency is...

wednesday 3

Quartz

Vinamrata Chaturvedi

Inflation came in hotter than expected to end 2024

Inflation rose faster than expected in December, putting additional pressure on the Federal Reserve to slow its pace of interest rate cuts in 2025....

wednesday 1

Quartz

Rocio Fabbro

Walgreens concedes locking up products is bad for business

Walgreens has finally figured out what most people already knew: when you lock up all the products, people will buy fewer things.Read more...

wednesday 1

Quartz

Ben Kesslen

Cash-poor Americas paid tens of billions in junk fees to borrow money last year

Cash-poor Americans paid more than $39 billion in junk fees last year just to borrow money, according to a new report.Read more...

wednesday 1

Quartz

Ben Kesslen

What Jamie Dimon, Elon Musk, Warren Buffett, Mark Zuckerberg, and other business leaders say about Bitcoin

Cryptocurrency is gaining mainstream acceptance with each passing day. The endorsement it received from President-elect Donald Trump during the...

14.01.2025 20

Quartz

Vinamrata Chaturvedi

Zoox's self-driving cars are hitting the street. Meet the people working on the 'hot dog toasters' on wheels

While most keep their eyes on Google-backed (GOOGL) Waymo and Tesla’s (TSLA) advancements in self-driving cars, there’s another major player...

14.01.2025 5

Quartz

William Gavin

Netflix, Walmart, and MasterCard are still top stock picks in a volatile market, according to an analyst

Shelby McFaddin, an investment analyst at Motley Fool Asset Management, spoke with Quartz for the latest installment of our “Smart Investing”...

14.01.2025 10

Quartz

Andy Mills

Capital One sued for 'cheating' customers out of billions in interest on savings accounts

The Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in...

14.01.2025 10

Quartz

Rocio Fabbro

The space economy is booming — with SpaceX in front and Boeing falling behind

Investment in the global space economy is growing at a breakneck space — and, according to a series of new reports, this year could be one of the...

14.01.2025 10

Quartz

William Gavin

The Trump stock market rally is fading fast

The S&P 500 is close to erasing all the gains it notched since Donald Trump’s election victory.Read more...

14.01.2025 10

Quartz

Rocio Fabbro

Starbucks says you can't just hang out and use the bathroom without buying something anymore

Starbucks (SBUX)’ short-lived open bathrooms policy is coming to an end.Read more...

14.01.2025 8

Quartz

Rocio Fabbro

McDonald's, Wendy's, and 4 more chains using AI to feed you faster

Big Food is entering the AI lane.Read more...

14.01.2025 5

Quartz

Francisco Velasquez

Elon Musk might be asked to save TikTok. Here's how much it could cost

China is reportedly considering asking Elon Musk to be its white knight as it increasingly appears that TikTok will be banned from the U.S. That...

14.01.2025 10

Quartz

William Gavin

Eli Lilly was hoping for even greater weight loss drug demand

Eli Lilly (LLY) revised its revenue outlook on Tuesday for the fourth quarter of 2024 on weaker-than-expected demand for its popular weight-loss...

14.01.2025 10

Quartz

Rocio Fabbro

'Every single dollar matters': Southwest is freezing hiring and promotions to cut costs

Southwest Airlines (LUV)’ cost-cutting is taking off in a big way. Read more...

14.01.2025 4

Quartz

William Gavin

Boeing delivered less than half as many planes as Airbus last year

Airbus (AIR) delivered more than twice as many commercial planes as rival Boeing (BA) in 2024, as the latter struggled amid a flurry of...

14.01.2025 4

Quartz

Rocio Fabbro

The 10 best cities in America for thrift shopping

As the winter chill sets in, many people are turning to indoor activities to stay warm and keep their spirits up. One of the most fun ways to spend...

14.01.2025 30

Quartz

Madeline Fitzgerald

Aldi is recalling almost 25,000 pounds of chicken products

Aldi shoppers should check their freezers. The United States Department of Agriculture (USDA) announced a recall on Saturday for around 24,870...

14.01.2025 10

Quartz

Ben Kesslen

'Sex and the City' fans are still so relentless that the owner of Carrie Bradshaw’s apartment wants to install a gate

The owner of 66 Perry Street – the building made famous as Carrie Bradshaw’s apartment in “Sex and the City” – does not care if you’re a...

14.01.2025 10

Quartz

Madeline Fitzgerald

Zuckerberg is gearing up for Meta's 'intense' year by laying off low-performing workers

Meta Platforms (META) is reportedly planning on cutting 5% of its workforce as the technology giant looks to continue CEO Mark Zuckerberg’s...

14.01.2025 4

Quartz

William Gavin

The Dow bounces back 160 points as wholesale inflation falls

The Dow and other indices rebounded on Tuesday morning following inflation data that came in cooler than anticipated. AI stocks that declined...

14.01.2025 3

Quartz

Vinamrata Chaturvedi

JPMorgan foresees $14 billion in capital flow for XRP and Solana ETFs

Banking giant JPMorgan (JPM) has forecastedthe next wave of cryptocurrency exchange-traded funds (ETFs)—focusing on Solana and XRP—could...

14.01.2025 4

Quartz

Vinamrata Chaturvedi

Quantum computing stocks soar after Meta and Nvidia CEO's doubts tanked them

Quantum computing stocks climbed during Tuesday morning trading after plunging earlier in the week. Read more...

14.01.2025 1

Quartz

Britney Nguyen

Netflix, Walmart, and Mastercard are stocks to buy in a wobbly market, analyst says

Read more...

14.01.2025 1

Quartz

Andy Mills

FTC accuses CVS, Cigna, and UnitedHealth of marking up cancer, HIV drugs

Three major drug middlemenneedlessly marked up generic drugs for cancer, HIV, and multiple sclerosis to generate $7.3 billion in revenue, The...

14.01.2025 3

Quartz

Ben Kesslen