Saturday night’s Powerball drawing did not result in a winning ticket to claim the more than $1 billion top prize, meaning the jackpot inches ever higher ahead of the next drawing Monday. The estimated jackpot is now $1.1 billion, with an upfront cash value of $503.4 million before taxes. It is the second time the…
New York — Target hopes that a recapturing of its cultural cachet will spark a turnaround for its business. It’s turning to a fashion-forward New York neighborhood to get started. The chain unveiled its first-ever concept store in SoHo this week, adorned with stylish apparel, designer collaborations, and beauty products — all key areas that…
A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the Sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, U.S., Sept. 23, 2025. Joe Skipper | Reuters SpaceX is preparing to go public next year and has opened a…
A United Airlines jet bound for Tokyo was forced into an urgent return to Washington Dulles International Airport Saturday after losing power in one of its engines during takeoff, triggering a fire that scorched brush along the runway and sending crews racing into position. As United Flight 803 circled back toward the airport, it was…
ESPN News Services Dec 13, 2025, 12:20 PM ET Open Extended Reactions Juventus‘ owners publicly rejected a buyout offer from a cryptocurrency firm on Saturday — ensuring that the most successful club in Serie A history will remain controlled by the Agnelli family. Tether, the cryptocurrency firm, made an offer worth about €1 billion (nearly…
In the complex landscape of economic discourse, political leaders often tout their countries’ progress, even in the face of contradictory data. Recently, US President Donald Trump has championed an economic narrative that asserts decreasing prices and increasing investments. However, the economic reality suggests rising living costs challenge this optimistic portrayal, prompting a closer examination of…
The robot swerved through the cafeteria of Rivian’s Palo Alto office, shelves adorned with chilled canned coffees — until it didn’t. Five minutes later, a man carefully pushed it out of everyone’s way, the words “I’m stuck” flashing yellow on the poor droid’s screen. It was an inauspicious start to Rivian’s “Autonomy & AI Day,”…
In his pitch to Warner Bros. Discovery shareholders to accept Paramount Skydance’s $108 billion hostile takeover bid, David Ellison has repeatedly argued that European regulators will never allow Netflix to buy Warner Bros. Discovery. In his Dec. 10 letter to WBD shareholders, Ellison said the Paramount buyout deal offers “a much shorter and more certain…
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More like this: • The Canadian mountains where heli-hiking was born • The stunning Canadian island you can see but not touch • Why some travellers are avoiding the US Toronto-based publicist Tracy Lamourie says she used to travel to the US regularly but was blunt about her plans moving forward: “[I’m] never crossing the…
US students face rising debt and a difficult job market © Getty Images More than 9mn US student loan holders have missed at least one payment this year, as delinquencies in the $1.7tn market soar following the end of the Biden administration’s post-pandemic payments holiday. The government’s Financial Stability Oversight Council said this week that…
All of this optimism has resulted in one potential risk. The S&P 500 is heading for a third consecutive annual gain in the double digits as the bull market momentum continues — and the index even closed at record levels in recent days. What’s driven this seemingly unstoppable energy? Over the past couple of years,…
More than 20 years after founding SpaceX, the record-breaking company that transformed the global space industry, Elon Musk is planning to take the enterprise public. Here is a look at what is expected to be the largest IPO in history. Read moreTrump eases commercial rocket launch regulations in win for Musk’s SpaceX What’s at stake?…
Oracle’s rapid descent from market darling to market warning sign is revealing something deeper about the AI boom, experts say: no matter how euphoric investors became over the last two years, the industry can’t outrun the laws of physics—or the realities of debt financing. Shares of Oracle have plunged 45% from their September high and…
Verge Shopping Each of these stocking stuffers is a small yet useful upgrade that also makes for a great gift. Each of these stocking stuffers is a small yet useful upgrade that also makes for a great gift. Dec 12, 2025, 8:57 PM UTC Brandon Russell is a commerce writer covering deals and buying guides….
Whether or not anyone wins the billion-dollar Powerball jackpot on Saturday, at least one of the losers might already be known: Mega Millions. Powerball tickets, priced at $2 apiece, are selling briskly, as lottery tickets tend to do around ten-figured advertised prizes. In contrast, the next Mega Millions jackpot on Tuesday is a comparatively paltry…
Attorney General Ken Paxton is directing consumers on how to claim funds from a $700 million settlement with Google that has been finalized after the company was found to have violated antitrust laws. In 2023, Attorney General Paxton, along with attorneys general from all other U.S. states and several territories, secured a settlement with Google over…
China has figured out the US strategy for allowing it to buy Nvidia Corp.’s H200 and is rejecting the AI chip in favor of domestically developed semiconductors, White House AI czar David Sacks said, citing news reports. President Donald Trump said on Monday he would allow shipments of Nvidia’s H200 to China, part of an…
A big rally in cannabis stocks Friday on reports that the administration may revamp marijuana’s Federal drug classification may herald the start of a new bull run, according to Tim Seymour, founder of Seymour Asset Management. A source told CNBC that President Donald Trump is expected to issue an executive order to reclassify marijuana as…
The deal awards Southwest $2,750 for each new Austin-based hire. AUSTIN, Texas — Texas Gov. Greg Abbott and Austin Mayor Kirk Watson held a press conference Friday to discuss a new deal with Southwest Airlines and its expected impact on the city. The deal, approved Thursday by the Austin City Council, awards Southwest $2,750 for each…
Shares of computer processor maker AMD (NASDAQ:AMD) fell 4.3% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from “growth at any cost” to “prove the returns.” Oracle triggered the alarm by missing revenue estimates while simultaneously hiking capital expenditures…
Monthly payments on a $600,000 mortgage have improved following the Fed’s third rate cut of 2025. Sakchai Vongsasiripat/Getty Images After months of shifting economic signals, from cooling (but still elevated) inflation to a softer jobs market, the Federal Reserve issued another 25-basis-point rate cut at the close of its December meeting this week, marking its…
For Immediate Release: December 12, 2025 The U.S. Food and Drug Administration recently approved two new oral medicines to treat a common sexually transmitted infection called gonorrhea. The FDA today approved Nuzolvence (zoliflodacin) granules that dissolve in water. This medicine can treat uncomplicated urogenital gonorrhea in adults and children 12 years and older who weigh…
The Federal Reserve’s early reappointment of its regional bank presidents took markets by surprise and eased concerns the central bank would soon lose its independence as President Donald Trump continues demanding steeper rate cuts. On Thursday, the Fed announced 11 out its 12 bank presidents were re-upped, leaving out the Atlanta Fed chief role as…
President Donald Trump on Thursday ordered a review of two major proxy advisory firms — companies that advise shareholders on votes — that had previously drawn the ire of Tesla CEO Elon Musk and others in Corporate America. The executive order singles out the two biggest players in the market: Institutional Shareholder Services (ISS) and…
A billionaire investor keen on buying TikTok’s US operations has told the BBC he has been left in limbo as the latest deadline for the app’s sale looms. The US has repeatedly delayed the date by which the platform’s Chinese owner, Bytedance, must sell or be blocked for American users. US President Donald Trump appears…
The restaurant industry has a penny problem. That’s the word from the National Restaurant Association, which sent out a notice this week imploring federal officials to address issues related to a nationwide penny shortage. The U.S. stopped making the penny on Nov. 12, but it remains legal tender across the U.S. That’s created some issues…
A new survey has found that Americans are being squeezed by higher prices as they head into the holiday season, forcing them to cut back on gifts and delay purchases because of President Donald Trump’s faltering economy. The Associated Press–NORC Center for Public Affairs Research poll found that a vast majority of U.S. adults have…
Tariff revenue fell month-over-month for the first time since President Donald Trump imposed his vast import taxes in April, fresh government data shows. According to the Treasury Department’s monthly statement released on Wednesday, the government collected $30.75 billion in customs duties in November, down from $31.35 billion collected in October. In April, following the announcement…
MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. But the commercial boom in artificial intelligence has lit a spark under long-simmering visions to build humanoid robots that can move their mechanical bodies like…
Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025. CNBC President Donald Trump said Friday that Kevin Warsh has moved to the top of his list as the next Federal Reserve chair, though others remain in contention, according to the Wall Street Journal. Previously considered on Trump’s short…
Jimmy Kimmel ripped into Time Magazine’s AI-focused “Person of the Year” cover, which he said looked like “photoshop from 2007.” The comedian addressed the controversial cover during Thursday evening’s monologue for “Jimmy Kimmel Live,” where he voiced criticism for Time after the outlet bestowed the “Architects of AI” —including Mark Zuckerberg, Lisa Su, Elon Musk, Jensen Huang,…
PROTECTING AMERICAN INVESTORS AND RETIREMENT SAVINGS: Today, President Donald J. Trump signed an Executive Order to end the outsized influence of proxy advisors that prioritize radical political agendas over investor returns. The Order directs the Chairman of the Securities and Exchange Commission (SEC) to review and, as appropriate, rescind or revise all rules and regulations…