A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany.Kirill Kudryavtsev | Afp | Getty ImagesThe European Union on...
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The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing
A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023.Stephanie Keith | Bloomberg | Getty ImagesNovember's solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the runway a little more.After all,...
Ferrari’s $400,000 Purosangue is a dream to drive. Just don’t call it an SUV
Don't call the Ferrari Purosangue an SUV.For one, the company doesn't, omitting the moniker from its launch materials and press announcements, dubbing it instead "the first four-door, four-seater Ferrari."Ferrari's mystique is built on racing and rarity. Slapping the famed prancing horse on just another SUV would be contrary to its...
Lululemon shares fall as retailer gives tepid holiday outlook despite strong start to shopping season
Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey.Mike Calia | CNBCLululemon on Thursday said it saw strong third-quarter demand and a positive start to the holiday shopping season, but the retailer's shares fell in extended trading after it gave a tepid fourth-quarter outlook.Here's...
Buying property in Asia? Real estate specialists give their investment tips
Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong.Bloomberg | Bloomberg | Getty ImagesHong Kong's property market has plunged nearly 20% since its peak, and it may be a good time for homeowners to buy — but investors might want to think twice,...