Sam Altman reinstated as OpenAI CEO days after being ousted, along with new board

The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.

IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps

The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.

Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money-laundering charge

Binance, the world’s largest cryptocurrency exchange, agreed to pay more than $4 billion as part of an agreement with the U.S. government. Founder Changpeng Zhao also reportedly agreed to step down from his role.

Social Security reform would restore full benefits to public workers

Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.

Target reportedly testing 10-item limit for self checkout

Target says any customer with more than 10 items will be directed to a full service lane with a cashier.

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.

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.

Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season

The holidays are just around the corner, and that means Starbucks is gearing up to offer free drinks for its Red Cup Day promotion. It also means workers at hundreds of the coffee chain's locations will be AWOL. 

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.