Shoppers walking past the Saks Fifth Avenue flagship store in Manhattan © Angelina Katsanis/Reuters In December 2024, some of the biggest names in business backed an audacious multibillion-dollar deal to combine two gilded US department store chains, Saks and Neiman Marcus. The likes of Amazon and Salesforce believed they were writing a new chapter for…
The reclassification is tied to the detection of Listeria monocytogenes, a bacteria that can cause severe illness. WASHINGTON — A nationwide recall of multiple cheese products issued last year has been upgraded to the Food and Drug Administration’s most serious risk category after testing confirmed the presence of a potentially deadly bacteria. The FDA said…
In this article GOOGL WMT Follow your favorite stocksCREATE FREE ACCOUNT A Walmart sign hangs on the exterior of the store on Nov. 20, 2025 in Hollywood, Florida. Joe Raedle | Getty Images Walmart and Google said Sunday that shoppers will soon be able to use Google’s artificial intelligence assistant Gemini to more easily discover…
Vincent Clerc: ‘If the upside is more evenly distributed . . . the green transition [becomes] something that more countries can see an upside to’ © Angel Garcia/Bloomberg The world’s second-largest container shipping line is looking at boosting the use of ethanol as a green fuel for its vessels, which could reduce its dependence on China and soften Donald…
When Lloyd Blankfein was CEO of Goldman Sachs, thousands of newly minted graduates from top universities joined the ranks of the investment banking giant. But despite being a Harvard alum himself, he wasn’t a snob about where someone went to school and recognized that superior talent can come from outside the Ivy League. In an…
Around 80% of workers feel unprepared for the job hunt in 2026, new LinkedIn research finds. Filadendron | E+ | Getty Images Artificial intelligence could be something of a game changer for recruiters as firms continue to be inundated with job applications, according to one LinkedIn executive. Janine Chamberlin, LinkedIn’s U.K. country manager, told CNBC…
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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT A 1963 Chevrolet K20 pickup truck and a new Chevrolet Silverado EV sit outside General Motors’ new world headquarters on Jan. 6, 2026 in Detroit. Michael Wayland | CNBC DETROIT – Outside General Motors‘ new world headquarters, between the 12-story building and the city’s first…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — President Donald Trump, like any politician whose polling is in the gutter, is desperate for a villain — any villain — to blame for America’s affordability woes. Enter Wall Street….
The US Capitol in Washington, DC, US, on Thursday, Dec. 11, 2025. Daniel Heuer | Bloomberg | Getty Images Lawmakers this week plan to revisit efforts to pass a market structure bill that will determine the crypto industry’s future in the U.S. — reviving legislative efforts that stagnated last year. On Thursday, the Senate Agriculture…
The IBM logo at the headquarters of IBM Germany in the Highlight Towers in Parkstadt Schwabing in Munich (Bavaria). Mattias Balk | Picture Alliance | Getty Images In a time of geopolitical tensions and macro uncertainty, dividend-paying stocks can offer investors some steady portfolio income. In this regard, recommendations of top Wall Street analysts can…
Like a brilliant football coach’s scripted first drive in a playoff game, Wall Street’s start to 2026 has gone exactly according to plan, the offense in rhythm with a balanced attack resulting in an early lead for the bulls. Not only is the S & P 500 up 1.7% but the tape has broadened just…
JPMorgan Chase & Co. (Bloomberg) — Beneath the calm surface of the US corporate bond market, there are worrying signs about companies that could lose their investment-grade status. The first full week of the year has been one of the busiest for US corporate debt sales on record, and risk premiums stayed low even amid…
Nvidia’s stock is primed to rocket higher this year. Nvidia (NVDA 0.10%) is the world’s largest company, sitting at a $4.6 trillion market cap. It rose to this level in 2025 after three years of impressive growth, thanks to massive spending from companies in the artificial intelligence (AI) realm. However, many investors are worried that…
Nvidia isn’t the only AI name that can help investors reach financial independence over the long term. Nvidia (NVDA 0.10%) has been a significant winner so far from the artificial intelligence (AI) revolution. That makes sense, as it’s the supplier of the most sought-after high-performance chips needed to train and power AI models. However, in…
The Inspire Resort in South Korea was the first development outside North America for the Mohegan tribe © INSPIRE Entertainment One of the world’s largest private equity groups is embroiled in an unusual tug of war with a Native American tribe over the future of a sprawling casino complex in Asia. The Inspire Resort, with…
Corporate borrowers raised more than $95bn from 55 investment-grade bond deals in the first full week of January, the highest weekly volume since May 2020 © Reuters Companies are borrowing in the US bond market at the fastest pace since the Covid-19 pandemic, as Wall Street kicks off what is expected to be a record…
After trying out algorithmic trading on a quantum computer, HSBC recently joined a growing list of companies to claim that a revolutionary new form of computing was finally coming into its own. The experiment was a “world first in bond trading” that showed “we are on the cusp of a new frontier of computing in…
Several historical headwinds foreshadow a bumpy ride for Wall Street in the new year. During President Donald Trump’s first term in office, all three of Wall Street’s major stock indexes soared. The ageless Dow Jones Industrial Average (^DJI +0.48%), benchmark S&P 500 (^GSPC +0.65%), and technology-dependent Nasdaq Composite (^IXIC +0.81%) skyrocketed by 57%, 70%, and…
(Gray News) – Nearly 40,000 tater tots were recalled in multiple states. According to the Food and Drug Administration (FDA), McCain Foods USA Inc. has initiated a voluntary recall of two frozen potato products due to the potential presence of “clear hard plastic fragments.” A total of about 38,800 cases of tater tots were impacted…
As the fallout continues from the sale of diesel-tainted unleaded gas at Denver metro gas stations, repair shops say repairs start at $1,500, but likely will be as much as $3,000 or more. People who now must front the cost of repairs are worried that they may never get reimbursed. Lance Strait is one of hundreds…
NEW YORK — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. Trump was not clear in his social media post Friday night…
FRESNO, Calif. (KFSN) — It was a packed house Saturday morning, as Fresno residents geared up to say goodbye to a breakfast staple. “We’ve been coming here for a very long time, and it’s very special to us, so we wanted to come and have our last meal here,” said longtime customer Madelyn De La…
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Goldman Sachs named a group of six stocks that it believes are best positioned this year. The Wall Street investment bank said companies such as Coinbase are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include Mastercard, Visa, MongoDB , Dick’s Sporting Goods and Madison Square Garden Entertainment. Madison Square…
The Navimow X4 is Segway’s newest flagship robot mower, announced at CES 2026. This powerful robot mower requires no RTK antenna or boundary wire; instead, it uses advanced technology that combines sensors, cameras, and LiDAR to navigate. The X4 also has an all-wheel drive (AWD) system that can handle inclines as steep as 84% or…
As the Treasury Department looks to ensure investors continue absorbing the fresh supply of debt it must sell, growing competition from companies issuing their own bonds could send rates higher, according to Apollo Chief Economist Torsten Slok. In a note on Saturday, he pointed out that Wall Street estimates for the volume of investment grade…
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18 hours ago Nicholas BourneBBC Wales Michael Meighan A photographer says he is “over the Moon” after recreating an iconic scene from the movie ET in a photo that has been almost two years in the making. Michael Meighan and his friend Nathan Edwards have tried repeatedly to recreate the scene from the 1982 hit…
Koh EweRaub, Malaysia Getty Images Driving around Raub, a small town in Malaysia, it’s impossible to miss the prickly fruit that powers its economy. You can smell it from the steady stream of trucks winding through mountain roads, leaving a faint fragrance on their trails. You can see it too: the green spikes of a…
Rianna CroxfordInvestigations correspondent BBC A senior Google employee has claimed she was made redundant after reporting a manager who told clients stories about his swinger lifestyle and showed a nude of his wife. Victoria Woodall told an employment tribunal she was subjected to a campaign of retaliation by the company after whistleblowing on the man…
23 hours ago Danielle KayeBusiness reporter Kristy Hallowell Kristy Hallowell had just lost her job when her energy bill unexpectedly tripled to $1,800 (£1,340) a month. Unable to pay, her gas and electricity were cut off and she, her two children and her mother spent six months of last year relying on a generator to…
These billionaires are at odds with one another on two stocks near and dear to Gates and Buffett. Peter Thiel is one of the most successful entrepreneurs and tech investors in the world. Thiel was a co-founder of PayPal and used the money from its sale to eBay to start a hedge fund. He acquired…