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Alex Daniel

Alex Daniel

Quartz

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Elon Musk says he wouldn't do DOGE again

The Tesla CEO said DOGE was only "somewhat successful" and that he wants to focus only on his companies now

previous day 2

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Alex Daniel

Some American teens are already using AI chatbots 'almost constantly'

Companies such as OpenAI, Google, and Meta are coming under increased scrutiny over safeguard measures for children

previous day 30

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Alex Daniel

China's purchases of American soybeans are moving slowly as Trump bails out farmers

China’s purchases of U.S. soybeans are well behind schedule to hit the agreed amount by the end of 2025, and U.S. officials are pushing that deadline

previous day 4

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Alex Daniel

McDonald's pulled a widely mocked 'AI slop' Christmas ad

McDonald's called the ad an "important learning as we explore the effective use of AI." Viewers were not lovin' it

previous day 3

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Alex Daniel

The public isn't buying the AI hype – even if CEOs are going all-in

Big spending on AI hasn’t won over the public, who worry about safety, jobs, and who really benefits from the tech boom

tuesday 3

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Alex Daniel

Jamie Dimon is enlisting Jeff Bezos and Condoleezza Rice in a $1.5 trillion spending spree

The JPMorgan Chase boss is pulling in tech titans, ex-generals, and political heavyweights to steer a huge national-security spending drive

tuesday 3

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Alex Daniel

More home sellers are giving up instead of cutting prices

For-sale signs are coming down much faster than usual this fall, as sluggish demand leaves many homes sitting without offers

08.12.2025 1

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Alex Daniel

Trump on Netflix buying Warner Bros. Discovery: 'I'll be involved in that decision'

Trump’s comments could amplify existing antitrust concerns. The deal will face a lengthy Justice Department review

08.12.2025 7

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Alex Daniel

OpenAI says ChatGPT is saving workers an hour a day

OpenAI is hoping to corner the business AI market amid growing challenges on the consumer front, which is where most of its revenue comes from

08.12.2025 2

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Alex Daniel

How to try Amazon's new 'ultra-fast' delivery mode

Customers will be able to get items including milk, eggs, fresh produce and over-the-counter medicines delivered to their door in 30 minutes or less

04.12.2025 5

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Alex Daniel

Anthropic’s potential IPO talks hint at future Wall Street showdown with OpenAI

Anthropic’s reported IPO plans land at a moment when industry and market leaders are questioning whether the the AI boom is overheating

03.12.2025 3

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Alex Daniel

Macy’s lifts its sales outlook as shoppers keep spending despite strain

Chief executive Tony Spring said sharper pricing and new merchandise are drawing shoppers, even as surveys warn of holiday pullbacks

03.12.2025 3

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Alex Daniel

Costco is suing Trump to avoid getting stuck with the tab on tariffs

The company says looming customs deadlines could wipe out its chance to get refunds if the Supreme Court rules Trump’s tariffs unlawful

02.12.2025 20

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Alex Daniel

Sam Altman sounds a ‘code red’ warning as ChatGPT’s lead narrows

Altman told OpenAI employees to ramp up work on improving its chatbot, amid forward leaps by Google's Gemini in recent weeks

02.12.2025 9

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Alex Daniel

Michael Dell is giving $250 to 25 million kids so they can start investment accounts

The gifts will go to children up to 10 years old that live in certain zip codes

02.12.2025 6

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Alex Daniel

Shoppers defied the gloom on a record Black Friday

Aggressive price cuts won out, nudging wary consumers to spend big online despite warnings of soft demand and shaky sentiment

02.12.2025 5

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Alex Daniel

Trump says he has picked the next Federal Reserve chair

Whoever gets the president’s nomination will be expected to push for interest more rate cuts, and more quickly, than current Fed Chair Jerome Powell

01.12.2025 4

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Alex Daniel

Bitcoin plunges toward $85,000 as traders brace for a big week

Important economic figures due in the next few days could help determine whether Bitcoin will stabilize — or if it could fall even further

01.12.2025 10

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Alex Daniel

Masayoshi Son says he cried selling Nvidia to bankroll SoftBank’s AI bets

Softbank's founder also brushed off talk of an AI bubble, telling skeptics they’re “not smart enough” to see the technology’s long-term payoff

01.12.2025 9

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Alex Daniel

Sam Altman got served with a subpoena onstage at a live event

The OpenAI chief was unexpectedly called to testify in a criminal case linked to protests over the company’s AI work

10.11.2025 5

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Alex Daniel

Markets breathe a sigh of relief with an end to the government shutdown in sight

At 40 days, the current shutdown is the longest ever in the U.S., and until this weekend Republicans and Democrats had been at an impasse

10.11.2025 5

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Alex Daniel

Americans hoping for $2,000 checks from Trump's tariffs could be disappointed

After the president talked up a tariff-related windfall, his Treasury chief was a lot less certain about how that money reaches Americans

10.11.2025 4

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Alex Daniel

Even AI hype has its limit. Pinterest just found it

The company said a new AI shopping tool was "paying off." With tariffs hitting ad spending, investors didn't see it that way

05.11.2025 2

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Alex Daniel

The stock market selloff goes global as AI bubble concerns grow

Tech stocks led falls around the world as worries spread that recent lofty valuations are in line for a correction

05.11.2025 3

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Alex Daniel

Government shutdown delays Magnum ice cream's listing by nearly a month

The ice cream brand's IPO that was scheduled for Nov. 10 has been pushed back to Dec. 8

05.11.2025 6

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Alex Daniel

‘Big Short’ investor Michael Burry is betting big against Nvidia and Palantir

Burry, who rose to fame for his bet against the U.S. housing market before the 2008 crash, appears to have made another major prediction

04.11.2025 2

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Alex Daniel

Goldman Sachs and Morgan Stanley bosses see a big stock market correction coming

The S&P 500, the Dow Jones Industrial Average, and the Nasdaq have all hit record highs this year. Bank bosses think they are due for a reality check

04.11.2025 3

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Alex Daniel

Sam Altman is tired of people questioning OpenAI's business model

Altman said OpenAI’s revenue is “growing steeply” and that the company expects strong demand across its consumer and enterprise businesses

04.11.2025 3

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Alex Daniel

Tesla's future hangs in the balance as Elon Musk's trillion-dollar payday goes to a vote

Investors will vote on a proposal to grant the world’s richest person a pay package that would be the largest ever awarded to a chief executive

04.11.2025 10

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Alex Daniel

Trump says he'll skip Supreme Court hearing on tariffs

Trump’s tariff blitz faces perhaps its most serious test yet this week when arguments against it will be heard by the high court

03.11.2025 3

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Alex Daniel

Kimberly-Clark is buying Tylenol maker Kenvue for more than $48 billion

The deal will create a new consumer health giant, bringing Kenvue under the wing of the maker of Kleenex tissues and Huggies diapers

03.11.2025 3

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Alex Daniel

OpenAI has restructured as a for-profit company

The shift resolves a year of uncertainty about how the company behind ChatGPT would raise the enormous sums needed to develop AI technology

28.10.2025 4

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Alex Daniel

PayPal to launch digital wallet feature inside ChatGPT, sending shares soaring 14%

Chief executive Alex Chriss said: “It’s hard to imagine that agentic commerce isn’t going to be a big part of the future” 

28.10.2025 10

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Alex Daniel

Jamie Dimon renews JPMorgan's return-to-office push as staff calls for hybrid work

Dimon doubled-down about a week after an internal petition calling for more flexibility reached 2,000 signatures

28.10.2025 4

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Alex Daniel

Amazon is cutting 14,000 corporate jobs in a big AI push

Bosses at the e-commerce and tech giant said they are "convicted that we need to be organized more leanly" to move quickly on AI

28.10.2025 5

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Alex Daniel

Stocks rise on hopes that the U.S. and China will strike a trade deal this week

U.S. and Chinese officials said they reached agreements on contentious points including export controls, fentanyl, rare earths, and shipping fees

27.10.2025 9

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Alex Daniel

Striking Boeing workers rejected another offer as earnings loom

The strike by about 3,200 workers complicates matters for Boeing, which is trying to rebuild after a slew of scandals in recent years

27.10.2025 9

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Alex Daniel

Bernie Madoff is still costing banks billions, as HSBC sets aside cash to cover legal costs

Madoff ran the world’s biggest Ponzi scheme, paying old investors with money from new ones rather than real profits

27.10.2025 8

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Alex Daniel

Sam Altman wants to make ChatGPT an 'everything app.' He's made big promises before

The OpenAI boss has a pattern of walking back artificial general intelligence timelines, safety promises, and regulation

23.10.2025 6

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Alex Daniel

Missed car payments, GoFundMe for groceries, booming pawn shops, and more recession clues

The government shutdown has halted official data releases. These alternative signals could hint at the next downturn

22.10.2025 10

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Alex Daniel

Coca-Cola's growth is coming from prices. But demand is still flat

The world's largest soda maker saw flat sales volumes in North and Latin America and a decline in Asia Pacific in the third quarter

21.10.2025 2

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Alex Daniel

Walmart joins the Thanksgiving price wars with cheaper turkeys

Walmart is also launching a Thanksgiving meal bundle for less than $4 per person, as retailers target price-conscious shoppers

21.10.2025 2

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Alex Daniel

iPhone 17 sales are off to a strong start thanks to steady prices and trade-in deals

Sales across China and the U.S. were about 14% higher than the previous model over the first 10 days of availability

20.10.2025 4

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Alex Daniel

Trump has demands for China before trade talks

Trump and Chinese President Xi Jinping are set to meet later this month in South Korea. China is betting Trump will blink first in the trade war

20.10.2025 3

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Alex Daniel

Consumers are getting gloomier — just before the holidays

A majority of consumers polled by Deloitte said they think the economy will weaken over the next 12 months. Many are planning to spend less this year

15.10.2025 2

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Alex Daniel

Even fund managers say the AI stock boom is a bubble, BofA survey says

About 54% of fund managers polled by Bank of America said tech stocks were overvalued. Stocks have soared this year amid a flurry of AI announcements

14.10.2025 4

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Alex Daniel

Stocks swoon again as the U.S.-China trade war has markets on a rollercoaster

Beijing sanctioned American shipping units, after Treasury Secretary Scott Bessent said Beijing wants "to pull everybody else down with them"

14.10.2025 4

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Alex Daniel

General Motors counts the cost of faltering U.S. electric vehicle market with $1.6bn hit

Washington scrapped subsidies for EV buyers last month, and many U.S. manufacturers have been forced to pare back production plans.

14.10.2025 3

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Alex Daniel

Trump says 'don't worry about China' — and stocks surge

Major indexes had posted their worst one-day performance since the spring following a string of combative comments from Trump toward China

13.10.2025 10

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Alex Daniel

China is getting around U.S. chip export rules, lawmakers warn

Foreign chip makers sold to Chinese firms that U.S. firms were banned from supplying, lawmakers said, hindering efforts to curb Beijing’s progress

08.10.2025 4

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Alex Daniel