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Saks Fifth Avenue store at the Waterside Shops.  John Greim | Lightrocket | Getty Images Saks Global is preparing to file for bankruptcy in the coming weeks after missing a debt payment tied to its Neiman Marcus acquisition, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. The parent of high-end department…

Rachel ClunBusiness reporter Getty Images People buying cryptocurrency in the UK now need to share their account details or face penalties, in changes that came into effect on 1 January. The move by the UK’s tax body is designed to ensure they pay all relevant tax on buying and selling crypto, including capital gains tax….

As 2026 begins, some everyday errands may have to wait until after New Year’s Day. Banks, post offices and major stock exchanges are all closed to observe the federal holiday. However, most major retailers will be open, although it’s best to check ahead as some may be operating with reduced hours. Which grocery stores and…

Analeia Rhoads Simpson is a milestone baby in Fayetteville. Analeia became the first baby of 2026 born at Cape Fear Valley Medical Center on Thursday morning at 4:17 a.m. Other WRAL Top Stories The newborn weighed 6 pounds, 6 ounces and measured 20 inches long. She arrived in good health for happy parents Jasmine Rhoads Simpson…

An Avelo spokesperson said an Avelo aircraft clipped the winglet of a Southwest Airlines plane while being towed Thursday morning at Raleigh-Durham International Airport. No flight delays or cancellations are expected as a result of the incident. Both planes were unoccupied at the time. Other WRAL Top Stories “An Avelo aircraft that was being towed clipped…

2027 Ram 1500 SRT TRX Stellantis DETROIT — Stellantis is resurrecting a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The automaker said Thursday that the 2027 Ram 1500 SRT TRX will be available late in 2026 for…

There are all sorts of New Year’s superstitions that are supposed to make sure the new year is a good one. Some cultures consider it good to break glass on New Year’s to chase away evil spirits. Others think you should eat 12 grapes at the stroke of midnight to ensure 12 months of good…

Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV and shingles and blockbuster cancer treatment Ibrance, even as the Trump administration pressures them for cuts, according to data provided exclusively by healthcare research firm 3 Axis Advisors. The number of price increases for 2026 is up from…

Several marijuana products sold by a single company to dispensaries across Colorado have potentially unsafe pesticides that exceed the legal limits, state health and business regulators said in a health advisory on Wednesday. Vapes and infused pre-rolled marijuana produced by CC Brands, LLC, doing business as “Stash House CO,” have been voluntarily recalled, according to the…

California cupcake empire Sprinkles Cupcakes permanently closed all locations nationwide on New Year’s Eve, which includes its only San Diego location in La Jolla, according to a manager at that location. Though the California-born company has yet to make an official announcement, Candace Nelson — who founded the company and sold it more than a…

New York  —  The S&P 500 just completed a three-peat of double-digit gains. Will 2026 be a four-peat? After three years of stellar gains, Wall Street widely expects the good times to keep rolling in 2026 — but with varied views on how much stocks will rally. Wall Street forecasts reviewed by CNN show a…

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Jan 1, 2026 NIO Inc. Provides December, Fourth Quarter and Full Year 2025 Delivery Update Company Achieved New Record-High Monthly and Quarterly Deliveries 48,135 vehicles were delivered in December 2025, increasing by 54.6% year-over-year 124,807 vehicles were delivered in the three months ended December 2025, increasing by 71.7% year-over-year 326,028 vehicles were delivered in 2025…

The Trump Media and Technology Group in the United States has announced a partnership with a cryptocurrency exchange to award its shareholders digital tokens. The announcement corresponded with a small jump on Wednesday in the company’s shares, which were up 5 percent as of 11am US East Coast time (16:00 GMT). Recommended Stories list of…

The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, a boost for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. That’s the lowest average long-term rate since October 3, 2024, when it dipped to…

Warren Buffett has handed over Berkshire Hathaway’s reins after six decades at the helm, in one of the most consequential corporate successions of a generation. Berkshire vice-chair Greg Abel, 63, took charge as chief executive on Thursday, leaving a low-profile protégé of one of history’s savviest investors to lead the sprawling company. Buffett, 95, transformed…

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It’s 2026, and the new year brings us fresh hope. We’re packing our gym bags, pledging to be more present with our loved ones, and working to secure our financial health. In an uncertain economy, improving our personal finances is a good idea, albeit a difficult task. Shoring up some extra savings is a smart…

Starbucks CEO Brian Niccol found evidence his efforts to turnaround the coffee chain’s fortunes are working while scrolling on Reddit. During an interview at the Wall Street Journal Leadership Institute earlier this month and published on Monday, Niccol said he was reading a Reddit thread of people going through the interview process at Starbucks, with…

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SEATTLE — Starting in the New Year, the price of some precious metals, and coins like gold and silver, could go way up in Washington state. An exemption on a precious metals tax, in effect for 40 years, will be lifted Jan. 1. Some Western Washington businesses claim it could force some dealers out of…

ATLANTA — Kroger announced it was launching a new savings program to give discounts on fruits and vegetables. The company said the Verified Savings Program gives 20% discounts on fruits and vegetables and a half-off price to Boost by Kroger Plus members who receive government assistance. Customers who qualify for the program can sign up…

FORT COLLINS, Colo. (AP) — The Trump administration has told another coal-fired power facility to remain open, this time ordering the owners of a Colorado electricity generating unit to keep it running beyond its Wednesday retirement date. Compliance will cost Tri-State Generation and Transmission Association and the other owners of the Craig Station power plant…

Lenovo, the world’s biggest PC maker, said it was stockpiling memory chips and other critical components © Eugene Hoshiko/AP Consumers should prepare for price increases this year, of as much as 20 per cent for smartphones, computers and home appliances, analysts and manufacturers have warned, as artificial intelligence demand drives up the cost of memory…

ALBUQUERQUE, N.M. — Two restaurant companies are no longer in New Mexico while one local restaurant is expanding their operations. Blaze Pizza and Rusty Taco has closed all of their locations in New Mexico. They both had locations at the Coronado Center, while Blaze Pizza also had a location on Holly near Paseo del Norte…

The Trump administration, saying there is an emergency need for electricity, has ordered Tri-State Generation and Transmission to keep its coal-powered Craig Unit 1 running. The unit was scheduled to close Wednesday. “The emergency conditions resulting from increasing demand and shortage from accelerated retirement of generation facilities … could lead to the loss of power…

In 2026, Solid Waste Services will have a new holiday collection schedule. Some holidays will follow updated collection patterns to help support employee work-life balance, use taxpayer resources responsibly and maintain reliable, high-quality service for all residents. What’s New in 2026 Martin Luther King Jr. Day, Memorial Day and Labor Day will follow new collection…

JPMorgan Chase & Co. said Charlie Javice’s “unconscionable” $74 million tab for legal fees included more than $5 million in charges for lawyers and other staff just for attending her fraud trial, even on days court wasn’t in session. A previously sealed Delaware court filing released Monday offered the most detailed picture yet of JPMorgan’s claim that…

The firm behind US President Donald Trump’s Truth Social platform said it will issue a new cryptocurrency to its shareholders, marking the Trump family’s latest foray into digital assets. The digital token from Trump Media and Technology Group will add to the Trumps’ crypto ventures, which have generated hundreds of millions of dollars and have…

The U.S. economy navigated 2025 with a resilience that surprised many experts, as growth accelerated and inflation remained relatively muted despite the Trump administration’s steep tariffs on imports.  Although Americans say they aren’t yet feeling the benefits of an expanding economy amid ongoing concerns about the cost of living, many economists expect the U.S. to…

CONCORD, N.H. — Imagine the buffet. Forty-thousand oysters, lobster worth $400,000 and a cache of crabmeat all were stolen in separate incidents within weeks of each other in New England. ABC7 Chicago is now streaming 24/7. Click here to watch The first seafood vanished on Nov. 22 in Falmouth, Maine, where authorities suspect someone stole…

The Trump administration ordered an aging coal-fired power plant in Colorado to stay open on Tuesday, a day before it was set to be retired. The order from Energy Secretary Chris Wright will keep the nearly 50-year-old Craig Generating Station Unit 1 in northwest Colorado operating until the end of March, with an option to…