For years, a huge Amazon contract has been one of the few bright spots in the US Postal Service’s finances. But now the USPS plans to offer those last-mile services to additional customers to stem billions in ongoing losses – a move that risks losing its biggest customer. The USPS faces a tight squeeze. With…
Revenues from trading precious metals have soared this year © Reuters Banks and traders are expanding their precious metals desks and logistics capabilities as they race to capitalise on gold’s historic rally this year — which has suddenly made the sleepy world of bullion trading and vaulting one of the most profitable areas in finance. …
Nvidia (NVDA), Broadcom (AVGO), and Taiwan Semiconductor Manufacturing (TSM) stocks are the top three artificial intelligence (AI) stocks to buy now and into 2026. Artificial intelligence (AI) stocks, as a group, have been among the best-performing groups in 2025, just as they were in 2024. Three AI stocks that were big winners in 2025, as…
Aire Images | Moment | Getty Images As the calendar winds down, there is still time for certain year-end tax moves — but investors need to act quickly, experts say. With the tax season fast approaching, these tactics could boost your refund or reduce taxes owed, depending on how much you’ve already paid. However, most…
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As millions of Americans prepare to celebrate Christmas, many people will participate in another grand holiday tradition — dashing out for last-minute groceries or holiday gifts. Retailers and other businesses often adjust their hours on Christmas Eve, so it’s best to plan ahead and check local store schedules before heading out. Read on to find…
When you’re shopping for a high-quality vehicle, the idea of acquiring one with a luxury badge that’s packed with features can be appealing. But it can also be an expensive proposition in today’s market when the average price of a new car is approximately $50,000. Thankfully, there is an alternative: Buy a used one. The…
The U.S. economy has been tested by a barrage of challenges in 2025, from sharply higher U.S. tariffs that drove up inflation and rattled consumer confidence, to rising unemployment amid a slowdown in hiring. Despite those headwinds, the economy has continued to chug along, defying early-year warnings from some economists that the nation could be…
Christmas miracles, sure. But is there such a thing as a Christmas Eve miracle? After Wednesday night’s Powerball drawing, one winner probably believes in them. A lucky person who bought a ticket in Cabot, Arkansas, northeast of Little Rock, will take home a whopping $1.817 billion Powerball jackpot, which has a cash option of $834.9…
Dealmaking has continued despite the fall in bitcoin price from its October peak © Bloomberg A record $8.6bn worth of crypto deals were struck in 2025, as the US government’s openness to digital assets ushered in a wave of mergers and acquisitions that is expected to continue into next year. The influx of capital globally…
Mariam IssimdarNorfolk Attleborough Heritage Group Long before Christmas turkeys arrived shrink-wrapped in the shops, they walked to market on their own two feet. First introduced to England in the 1500s, the birds gradually gained in popularity to become a must on the dinner tables of London’s wealthy. But before the advent of refrigeration and the…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Shop ’til you drop A person carries shopping bags during Black Friday shopping at Garden State Plaza on November 28, 2025 in Paramus, New Jersey. Eduardo Munoz…
Yet, Mexico’s love affair with beer only blossomed within the last 100 years. During the late 19th- and early 20th-Centuries, industrialisation devastated artisanal breweries in Germany, Europe’s leading producer of beer. Scores of displaced beermakers subsequently embarked on something of a beer-making crusade, “[travelling] the world setting up breweries”, explains Jeffrey Pilcher, author of the…
WASHINGTON – The Justice Department’s Antitrust Division filed a proposed consent decree today to resolve the United States’ claims against LivCor, LLC, a Blackstone portfolio company, as part of its ongoing enforcement action in the Middle District of North Carolina against algorithmic coordination and other anticompetitive practices in rental markets across the country. Today’s proposed…
The price of silver could continue to shift in 2026, expert say, with a few different factors playing a role. Getty Images/iStockphoto Like gold, silver experienced a powerful upswing in 2025, one that caught the attention of both seasoned precious metals investors and newcomers looking for alternatives to volatile equity markets. While silver doesn’t command…
Archie MitchellBusiness reporter Getty Images BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, motorcycles and industrial vehicles, to New York-based Stonepeak. The deal valued Castrol at…
Data this week showed that the American economy is growing at its fastest pace in two years — and yet polling shows the mood on Main Street is grim. It’s almost hard to believe we’re talking about the same economy. But the metrics offer another reminder that two seemingly diverging trends can simultaneously be true….
Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets…
Santa might have a gigantic present in his bag on Christmas Eve, when the estimated jackpot for the night’s drawing will be at least an estimated $1.7 billion — the fourth largest in Powerball and U.S. lottery history. That’s because no tickets came up winners of Monday night’s jackpot of an estimated $1.6 billion jackpot….
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec.15, 2025. Brendan McDermid | Reuters U.S. Treasury yields declined on Wednesday as investors positioned for a shortened trading day ahead of the holidays. The 10-year Treasury yield — the benchmark for U.S. government borrowing — was…
WKTV UTICA, N.Y. — Market 32 and Price Chopper have announced a voluntary recall of certain frozen shrimp products due to potential contamination. The recall affects Market 32 by Price Chopper brand frozen 26-30 ct. Farm Raised Raw Shrimp (easy peel), produced by Direct Source Seafood, LLC. The UPC code is 4173501358. The recall follows an…
In this article KKR Follow your favorite stocksCREATE FREE ACCOUNT Cans of the Sapporo Black Label branded beer sit stacked at the Sapporo Breweries Ltd. factory in Eniwa, Hokkaido, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images Japan’s Sapporo Holdings will sell its real estate business to global private equity firm KKR and Asia-based alternative…
Hong Kong — One of China’s most popular short-video and streaming platforms was flooded with porn and violent content earlier this week, sparking outrage and bafflement in a nation where the internet is tightly controlled. Kuaishou, a major rival of TikTok’s Chinese version Douyin, suffered a cyberattack around 10 p.m. on Monday that unleashed thousands…
Have a DJI drone? Wondering if you can still operate it after the ban? Here’s what the FCC says. By on December 23, 2025 The U.S. just banned foreign drone makers like DJI. What happens to your DJI drone now? Credit: Cheng Xin/Getty Images Bah humbug. Just days before Christmas, the U.S. has effectively banned foreign…
Three tickets in Colorado won a total of $200,000 in Monday’s drawing. Here’s where the tickets were sold. DENVER — No won matched all the numbers in Monday night’s Powerball drawing, but three lucky players in Colorado came awfully close. The Powerball jackpot has now climbed to $1.7 billion. There were nine tickets nationwide that…
Katie RazzallCulture and Media Editor BBC Listen to this article Christmas is a time when families get together if they can – and, until this year, the Murdochs were no different. With members of the media dynasty spread across the globe, full family gatherings were rare, although in 2008, according to biographer Michael Wolff, the…
.css-y0pnve{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;gap:var(–o3-spacing-3xs);margin-bottom:var(–o3-spacing-2xs);} .css-l6tv8c{display:inline-block;width:24px;height:24px;background-color:var(–o3-color-use-case-body-inverse-text);-webkit-mask-image:var(–o3-icon-user);mask-image:var(–o3-icon-user);-webkit-mask-repeat:no-repeat;mask-repeat:no-repeat;-webkit-mask-size:contain;mask-size:contain;}.css-eh7lb7{margin:0;} For individuals .css-1b5zshh{color:var(–o3-color-use-case-support-inverse-text);margin:0;}@media (min-width: 740px) and (max-width: 1150px){.css-1b5zshh{min-height:var(–o3-spacing-xl);}} Discover all the plans currently available in your country .css-134bj3d{margin-top:var(–o3-spacing-s);} .css-13sn3di{display:inline-block;width:24px;height:24px;background-color:var(–o3-color-use-case-body-inverse-text);-webkit-mask-image:var(–o3-icon-corporate);mask-image:var(–o3-icon-corporate);-webkit-mask-repeat:no-repeat;mask-repeat:no-repeat;-webkit-mask-size:contain;mask-size:contain;} For multiple readers Digital access for organisations. Includes exclusive features and content.
WASHINGTON (AP) — Consumers’ confidence in the economy was shaken in December as Americans grew anxious about high prices and the impact of President Donald Trump’s sweeping tariffs. The Conference Board said Tuesday that its consumer confidence index fell 3.8 points to 89.1 in December, the fifth straight monthly decline and approaching the 85.7 reading…
DJI sent numerous requests to the US government to audit its devices in hopes of avoiding a ban, but the federal ban was ultimately enacted based on previously acquired information, The New York Times reported this week. The news means that Americans will miss out on new drone models from DJI, which owns 70 percent of…
SAN ANTONIO – Do you still need to do some last-minute shopping for your loved ones? Don’t worry, there’s still time. Several stores will keep their lights on for Christmas Eve but will close earlier than usual. Recommended Videos With Christmas Day falling on Thursday, Dec. 25, most popular businesses will be closed for the…
LOS ANGELES — Christina Chavarria had already prepared almost 200 tamales, but she was back at Amapola Market in Southern California early Tuesday morning for more masa. The dough made from ground corn was the best there, so it didn’t bother her that the line was wrapped around the parking lot. “It’s always seasoned perfect,…
A trader works on the floor of the New York Stock Exchange. NYSE The S&P 500 rose to a new all-time high on Wednesday, coasting to another record close. The broad market index advanced 0.32%, ending the session at 6,932.05. The Dow Jones Industrial Average gained 288.75 points, or 0.60%, and also posted a closing…
JPMorgan Chase lawyers put up a fight to avoid footing Charlie Javice’s $74 million legal bill. Thanks to a newly unredacted list of expenses JPMorgan lawyers filed on Monday, everyone can see why. Javice was sentenced to more than seven years in prison in September, following a fraud conviction. In 2021, JPMorgan acquired Javice’s startup…