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The Latest Breaking News on Business

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

What’s the point of monetary policy?

The Conversation

Amazon Recalls Products After Reports of Burns, Choking, and Magnet Injuries

Amazon recalls several popular products after federal safety officials report risks of burns, choking, and dangerous magnet injuries.

International Business Times

American Airlines Joins Spirit Bankruptcy Case to Receive All Filings

American Airlines moves to receive all filings in Spirit's bankruptcy case as the struggling carrier explores possible merger or sale options.

International Business Times

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Extra Space Storage Stock: Is EXR Underperforming the Real Estate Sector?

Extra Space Storage has fallen short of the real estate sector over the past year, yet Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

China's Global Exports Bounce Back Even As US Demand Slumps

Total outward shipments reached roughly US$ 330.3 billion, clearing economists' expectations and marking a swift rebound from October's 1.1% contraction.

International Business Times

Why TikTok Owner's AI Phone Is Making China's Apps Nervous

TikTok owner ByteDance Ltd launched its artificial intelligence-powered smartphone last week, sparking online buzz and prompting swift pushback.

Benzinga

Women, minority small business owners confused, worried after Texas kicks them off HUB program

The decision to limit certification to companies owned by disabled veterans will shrink the Historically Underutilized Business program from more than 15,000 to 485 participants — all men.

The Texas Tribune

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Trump Thinks a $100,000 Visa Fee Would Make Companies Hire More Americans. It Could Do the Opposite.

Countries like Canada and Germany are lining up to welcome companies and workers priced out by the H1-B price hike.

Reason

HP’s chief commercial officer predicts the future will include AI-powered PCs that don’t share data in the cloud

“People want to know that if they input data to a model, the model won’t train on their data,” said HP’s Dave McQuarrie.

Fortune

Trump warns Netflix’s $83bn deal for Warner Bros poses competition concerns

President vows to get involved in controversial takeover described as ‘unprecedented’ by ex-chair of regulator

The Guardian - UK

Texas Rep. James Talarico Echoes Bernie Sanders' Criticism Of Elon Musk's Trillion-Dollar Pay Package: 'Tax Trillionaires Out...'

Rep. James Talarico (D-TX) has criticized Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's new trillion-dollar pay package approved by investors during last month's shareholder meeting.

Benzinga

EXCLUSIVE: Former Federal Reserve Bank Executive Reveals The $1 Trick That Turns 'Someday' Investors Into 'Today' Investors

One dollar is all it takes to transform someone from a perpetual “someday” investor into an actual market participant, according to a former Federal Reserve Bank of Boston executive who spent years inside America’s most powerful financial institutions before joining the retail investing wave.

Benzinga

The DOT is paying an airline for being more timely. It could help improve air travel for all

The airline canceled 17,000 flights and stranded more than 2 million travelers during a storm in 2022

The Independent UK

32 States Where Consumer Debt Fell the Most Since Last Year

You might expect that trend to show up across all 50 states. But according to Experian, consumer debt actually fell in 32 states.

GOBankingRates

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GOBankingRates

The Social Security Advice 90% of Americans Plan To Ignore — And Why

Waiting till 70 significantly increases your Social Security benefits, but there are circumstances when taking it at 67, or even 62, will get you more money.

Benzinga

Elon Musk Calls Cybertruck Tesla's 'Best Ever' — But Sales Say Otherwise

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has touted the company's controversial Cybertruck as the best-ever Tesla, but the sales data tells a different story about the Cybertruck's successes (or lack thereof).

The Guardian - US

Warner Bros Disaster? Netflix inks deal for troubled Hollywood giant

David Zaslav, CEO of Warner Bros Discovery, promised ‘everyone’ would win by combining the storied Hollywood studios with his reality TV giant. Instead, many lost

Benzinga

This Startup With 60% Employees On The Autism Spectrum Beat Meta-Backed $14B Scale AI For $708 Million Pentagon AI Contract

Artificial intelligence company Enabled Intelligence, with a majority neurodiverse workforce, announced on Nov. 24 that it has secured the National Geospatial-Intelligence Agency’s largest data labeling contract.

Get all your
news in one place.

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Fortune

The ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts

Lower mortgage rates and increased home sales could also help a pricey housing market, but don’t expect homes to be affordable for young families.

TechRadar

The bad news continues - server prices set to rise in latest blow to hardware budgets

Rising memory costs driven by AI demand are forcing server and PC manufacturers to increase prices and adjust production priorities.

Benzinga

Bernie Sanders Slams Elon Musk's $1 Trillion Tesla Pay Deal: 'Insanity. Billionaire Tax Now'

Sen. Bernie Sanders (I-VT) called for immediate billionaire taxation on Saturday after criticizing Elon Musk‘s shareholder-approved $1 trillion compensation package at Tesla Inc. (NASDAQ:TSLA), comparing it to the combined salaries of millions of American workers.

Fortune

Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'

China has “twice as much energy as we have as a nation, and our economy is larger than theirs. Makes no sense to me,” Huang said.

Barchart

The Saturday Spread: 3 Stocks Flashing High-Probability Trading Setups to Consider This Week

Because market behaviors respond and adapt to new information, by measuring these fluctuations, we can gain a serious edge against every other trader.

GOBankingRates

5 Cities Where Senior Household Income Has Grown the Most

Retirement income has seen a lot of growth in these six cities, including Irving, Texas. See where seniors are thriving despite inflation and rising costs.

Tom’s Guide

What the App Store Accountability Act means for age verification

The ASAA requires app stores to verify users’ age along with parental consent for minors before allowing access to apps, raising security woes.

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