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Retailers step up Black Friday deals to with consumers on tighter budgets in mind

By Anne D'Innocenzio, Associated Press

Consumers are coming under pressure as their savings dwindle and their credit card debt grows. Despite some relief from easing inflation, many goods and services like meat and rent are still far higher than they were just three years ago.

Retailers hoping for Black Friday boon even as shopping slowdown is expected

By Anne D'Innocenzio, Associated Press

NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements.

Sam Altman reinstated as OpenAI CEO with new board replacing the one which fired him

By Matt O'Brien, Associated Press

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 and brought attention to the conflicts around how to safely build artificial intelligence.

WATCH: Garland and Yellen announce $4 billion settlement with Binance over failures to prevent money laundering

By Lindsay Whitehurst, Gene Johnson, Eric Tucker, Associated Press

“In part because of the crimes it committed, Binance became the world’s largest cryptocurrency exchange — now, Binance is paying one of the largest corporate penalties in U.S. history,” said Attorney General Merrick B. Garland.

Thanksgiving travel surge expected to set records

By David Koenig, Associated Press

The good news for travelers by plane and car alike: Prices are coming down.

Why economists say falling inflation isn’t enough to relieve stress about the U.S. economy

By Christopher Rugaber, Associated Press

Most Americans hold a glum view of the economy despite inflation reaching its lowest point in over two years. Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of…

Microsoft hires Sam Altman, new OpenAI CEO vows to investigate his ouster

By Courtney Bonnell, Matt O'Brien, Associated Press

The developments come Monday after a weekend of drama and speculation about how the power dynamics would shake out at OpenAI.

Sugar sees global price hike after crops in Asia hit by dry weather tied to El Nino

By Aniruddha Ghosal, Chinedu Asadu, Associated Press

Sugar worldwide is trading at the highest prices since 2011, mainly due to lower global supplies after unusually dry weather damaged harvests in India and Thailand, the world's second- and third-largest exporters.

ChatGPT-maker Open AI pushes out co-founder and CEO Sam Altman, says he wasn’t ‘consistently candid’

By Matt O'Brien, Associated Press

The board of ChatGPT-maker Open AI says it has pushed out Altman and replaced him with an interim CEO. It says the move came after a review found Altman was "not consistently candid in his communications" with the board.

U.S. labor board delays new unionization rule after business groups sue

By Dee-Ann Durbin, Associated Press

The National Labor Relations Board says the rule, which was scheduled to go into effect next month, will now be effective Feb. 26 to give it time to resolve legal challenges.