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The Latest Breaking News on Business

Retirees Lose Up to $1.7B Annually to IRS Penalties for Making This Year-End Mistake

Retirees face IRS penalties of up to 25% if they fail to take required minimum distributions from pretax investment accounts at age 73.

International Business Times UK

Earnings Preview: What to Expect From LyondellBasell’s Report

Earnings Preview: What to Expect From LyondellBasell’s Report

LyondellBasell Industries is scheduled to release its fourth-quarter results shortly, with analysts anticipating a notable double-digit decline in earnings.

Luxury Giant in Freefall: Saks 'Desperate' to Lock Down $1B Financing After Skipping Huge Debt Payment

Luxury Giant in Freefall: Saks 'Desperate' to Lock Down $1B Financing After Skipping Huge Debt Payment

Saks Global races to secure $1B in emergency financing as bankruptcy looms after missing a $100M bond payment linked to its troubled Neiman Marcus deal.

International Business Times UK

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GM's 'Factory of the Future' Cuts to Half Capacity — Workers Say Union 'Not Doing Anything for Us'

General Motors' Factory Zero resumes single-shift production today after permanently laying off 1,140 workers. Employees say the UAW is failing to fight back as jobs disappear.

International Business Times UK

Tesla No Longer World's Biggest EV Maker After 'Customer Revolt' Over Musk Politics

Tesla lost its crown as the world's top EV seller after deliveries fell 9% in 2025. BYD now leads with 2.26 million sales as buyers weigh politics, pricing, and vehicle freshness.

International Business Times UK

Earnings Preview: What to Expect From Cigna's Report

Cigna will release its fourth-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

Polymarket Returns to U.S. Users After a Nearly 3-Year Hiatus

The online betting company allows you to stake money on future events.

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Is the AI boom a bubble waiting to pop? Here’s what history says

Is the AI boom a bubble waiting to pop? Here’s what history says

“At some point the infrastructure build may exceed what the economy will need over a short period of time.”

The 'RAM Rationing' of 2026 could lead to some awkward moments of irony for the likes of Google and Apple — here's why

The 'RAM Rationing' of 2026 could lead to some awkward moments of irony for the likes of Google and Apple — here's why

In making AI better, the RAMifications are significant for future devices and their ability to multitask.

What the Middle Class Should Know About Tax Changes in 2026

What the Middle Class Should Know About Tax Changes in 2026

Learn how 2026 tax changes could impact middle-class families, from new brackets to deductions, and what you can do to prepare now.

Intel beats AMD on sheer value as it ranks 7 CPUs in PassMark's top 10 Price Performance leaderboard — AMD gets number 1 but it's just an entry level Ryzen 5 on clearance sales

Intel beats AMD on sheer value as it ranks 7 CPUs in PassMark's top 10 Price Performance leaderboard — AMD gets number 1 but it's just an entry level Ryzen 5 on clearance sales

Intel dominates PassMark’s price performance rankings as seven of its CPUs appear in the top ten.

5 Hybrid Cars for Middle-Class Retirees Getting Massive Price Drops for 2026

5 Hybrid Cars for Middle-Class Retirees Getting Massive Price Drops for 2026

Rising inventory, moderating demand and shifting incentives are setting up early 2026 as a prime window for middle-class retirees to score big hybrid discounts. According to hybrid rankings from...

I Asked ChatGPT Which Cities Are Best for Side-Gig Workers — Here’s What It Said

I Asked ChatGPT Which Cities Are Best for Side-Gig Workers — Here’s What It Said

ChatGPT identified Miami, Las Vegas and Nashville as top cities for gig workers. Here's why these locations dominate the freelance economy.

Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles

Trump's plan to seize and revitalize Venezuela's oil industry faces major hurdles

President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing that country's president in a military raid isn't likely to have a significant immediate impact on oil prices

The Independent UK

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The Independent UK

Home sales expected to jump significantly in 2026 as experts say a rebound is on the horizon after slowdown

The National Association of Realtors’ prediction hinges on an expected mortgage rate drop to 6 percent in 2026

‘This isn’t how I thought the story would go’: Sprinkles Cupcakes founder mourns company shutdown after starting in her kitchen

Private equity has come for your favorite vending machine cupcake.

9 States with No Income Tax — Lower Your Tax Bills by Moving to These States

These nine states offer some relief from the high cost of living these days, with zero income tax. But beware that you're still on the hook for other taxes.

The Core 9 Ultra 285K is Intel's fastest CPU and costs under $500 - so why is it so much cheaper compared to AMD $679 Ryzen 9 9950X3D?

Benchmark data places AMD’s Ryzen 9 9950X3D only slightly ahead of Intel’s cheaper and more efficient top desktop processor.

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I Asked ChatGPT How the Rich Build Wealth in Real Estate: Here’s Its Explanation

While you're paying out your savings into a mortgage, millionaires buy homes to build wealth instead of spend it. Here's how they stack earnings in real estate.

Intel at CES 2026: How to watch the Core Ultra Series 3 keynote and what to expect

Intel Core Ultra Series 3 chips will be made official at CES 2026. Here’s how to watch the keynote and what to expect.

Elon Musk promised a ‘major rebound’ for Tesla in 2025. Instead it fell behind its biggest rival from China

It's a stunning reversal for a company whose rise once seemed unstoppable as it overtook traditional carmakers and helped make Musk the world's richest.

Here’s How Many Americans Could Retire Comfortably With Elon Musk’s Net Worth

What if Musk shared the wealth and agreed to fund the United States' retirement system-who would get how much?

Asking employees to come back to the office like the old days is the same as trying to ‘jam the toothpaste back in the tube,’ workforce expert says

Companies including Amazon, JPMorgan, and AT&T have faced obstacles trying to get employees to return to office.

I’m a Self-Made Millionaire: Money Habits I Had To Break To Build Wealth

A self-made millionaire reveals the money habits that held him back and how breaking them helped build lasting wealth.

AMD is slowly turning into Intel of yesteryear as $501 32-thread Ryzen 9 7950X is just enough to beat 20-thread $270 Core Ultra 7 265KF — so what's going on?

Intel’s Core Ultra 7 pricing exposes how AMD’s high end desktop CPUs now offer smaller performance gains despite far higher prices and power requirements.

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