Business

As if donning an itchy red suit and entertaining kids all day weren’t a tough enough gig, the nation’s professional Santa Clauses face another cheer-sapping challenge this holiday season: getting a job.  Job listings for store Santas are down 35% this year, compared with 2024, according to Revelio Labs. Indeed, the number of postings at…

Something remarkable is happening in Chinese biotech, and it’s happening fast. The country’s drug developers are learning to run — really run — through clinical trials and regulatory approvals. In an industry famous for glacial timelines and billion-dollar budgets, China’s pace feels almost alien. Chinese companies are developing drugs faster and cheaper than anyone else,…

GRAND ISLAND, Neb. — A 69-year-old Grand Island man has died from his injuries after being pinned between his vehicle and a building in the drive-through lane of McDonald’s located at 1317 W 2nd St. Grand Island Police and Fire Departments dispatched to the scene at 10:23 a.m. and upon arrival found the individual trapped…

Powerball’s $1.7 billion jackpot may create a new ultrarich winner, but financial planners say what happens after the drawing can matter more than the winning numbers. They describe a consistent set of mistakes that can quietly turn a once‑in‑a‑lifetime windfall into a long, public mess.​ Rushing big decisions Many experts warn that acting too quickly—quitting…

Copper has rallied to a series of record highs since October © Lauren Petracca/Bloomberg Copper rose to a record high on Tuesday, crossing the $12,000 a tonne threshold for the first time as concerns about US tariffs and potential shortages fuelled a rally that has endured since October. The industrial metal, which is seen as a bellwether for…

Belinda Russell is 62 and has about $15,000 saved for her retirement thanks to the OregonSaves system. “I understand that in these days and times, it’s not a lot of money. But I’m 100% grateful to this program because without it, I’d have zero,” Russell said. McMinnville, Dec. 8, 2025 Kristian Foden-Vencil / OPB 00:00…

Released: 2025-12-23 Real GDP by industry October 2025 -0.3%  (monthly change) Real gross domestic product (GDP) decreased 0.3% in October, offsetting a 0.2% increase in September, driven by contractions in goods-producing and services-producing industries. Overall, 11 of 20 industrial sectors contracted in October. Chart 1  Real gross domestic product declines in October Goods-producing industries were down 0.7% in October, as most sectors comprising the grouping…

Natalie ShermanBusiness reporter Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in…

A technician works on chip processing equipment at a semiconductor manufacturing plant in Suqian, in eastern China’s Jiangsu province © AFP via Getty Images The Trump administration has accused China of using unfair trade practices to try to dominate the global chip industry but said it would not increase tariffs on Chinese imports until mid-2027….

Eric Trump, left, and Donald Trump Jr. pose outside Nasdaq in Times Square © AFP via Getty Images Nuclear fusion has put the world’s greatest minds through their paces for decades. But smashing nuclei together in the pursuit of abundant energy is not just a scientific challenge. If President Donald Trump’s listed family business completes…

It was on April 2 that President Trump appeared at the White House to unveil his “Liberation Day” tariffs. The sweeping announcement roiled markets and helped set the tone for the president’s second-term tariff push — even though many of the country-specific tariff rates he held up in a chart would soon be paused until…

NEW YORK — Consumers stepped up their spending, particularly on items like gadgets and clothing, for the first seven weeks of the holiday shopping period. But the pace was slower than a year ago amid worries about higher prices and other economic concerns, according to new data from Visa released Tuesday. From Nov. 1 through…

Starfighters Space (FJET) has landed in the public markets with a $40 million IPO, and traders have wasted no time stress testing the stock through extreme volatility and heavy early volume. See our latest analysis for Starfighters Space. That explosive 1 day share price return of about 371 percent comes on top of an early…

OLYMPIA, Wash. — As the new year approaches, a range of Washington state laws will take effect on Jan. 1, 2026, bringing changes to workers, employers, families, and consumers across the state. These changes stem from legislation passed by the Washington State Legislature earlier this year. Here’s a look at some of the big ones….

These companies should have higher earnings power than Nvidia in 2026. Is 2026 the year Nvidia finally underperforms versus the broad market? I think it might be. The leader in artificial intelligence (AI) computer chips is unlikely to give up all its gains from the last few years, but it is facing increasing competition, a…

Gold bullion can be seen after being removed from casts at the ABC Refinery smelter in Sydney on April 29, 2025. David Gray | AFP | Getty Images Gold touched a record high on Tuesday, ‍just shy of breaching ‍the $4,500 per-ounce threshold, as ‍a weaker dollar and persistent geopolitical uncertainty boosted demand for the safe-haven metal, while…

Chinese-made drones have dominated the skies in the United States for years, with private owners, police departments, and firefighters deploying them nationwide. But a new rule by the Federal Communications Commission on Tuesday will make it impossible for US consumers to buy the next generation of these drones. The FCC banned the import and sale…

Danielle KayeBusiness reporter Reuters The high-stakes search for a new leader of the US central bank is drawing to a close. US President Donald Trump is expected to name someone in the coming weeks to replace Jerome Powell, whose term as Federal Reserve chairman will end in May. That person will step into the role…

Customers at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y. Lori Van Buren | Albany Times Union | Hearst Newspapers | Getty Images Holiday road-trippers are feeling some relief at the pump this year. The average price of unleaded gasoline in the U.S. has been…

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years. An acceleration in consumer spending, up 3.5% from…

A fire at a Pacific Gas & Electric substation in SoMa knocked out power to as many as 130,000 customers starting Saturday, leaving thousands in the dark heading into the holiday season and a week of intense storms. Here’s what we know about the outage and state of restoration. What happened? The fire began shortly…

Warner Bros. Discovery‘s board of directors says that it will “carefully review and consider” Paramount‘s revised bid for the company. The company confirmed receipt of the revised tender offering Monday evening. “Warner Bros. Discovery will review the Amended Tender Offer and advise its stockholders of the Board’s recommendation after the completion of that review,” the…

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In this article NVO Follow your favorite stocksCREATE FREE ACCOUNT LONDON — European markets closed higher on Tuesday, paring the previous session’s losses. The pan-European Stoxx 600 closed up 0.3%, notching a new record closing high, lifted by surging shares of Copenhagen-listed Novo Nordisk. That brings the benchmark’s year-to-date gains to 16%. With a week to…

The International Energy Agency expects more than 40% of the electricity powering US data centres in 2035 to still come from fossil fuels © Vladimircaribb/Dreamstime The writer is co-founder and chief investment strategist at Absolute Strategy Research “The United States is in a race to achieve global dominance in artificial intelligence.” These are the opening…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. Michael Nagle | Bloomberg | Getty Images The 10-year Treasury yield was relatively unchanged on Tuesday as traders weighed the latest U.S. economic growth figures. The benchmark 10-year Treasury yield fell less than 1 basis…

WASHINGTON  — CACI International said on Dec. 22 it is acquiring space technology company ARKA Group in an all-cash transaction valued at $2.6 billion, expanding its footprint in space-based sensing and intelligence systems. CACI, a publicly traded defense and intelligence contractor based in Reston, Virginia, is acquiring ARKA from Blackstone Tactical Opportunities, the private investment…

The founder of FTX has brought his entrepreneurial spirit behind bars. He has advised several high-profile inmates, like former Honduran President Juan Orlando Hernandez and rapper Sean Combs, according to reporting by the New York Times. Bankman-Fried is currently serving 25 years in prison for misappropriating funds at the crypto exchange he founded, FTX, which…

Heidi King’s exciting move into a new apartment at the NEMA building at 8 10th St. turned into a nightmare when the mass blackout that started Saturday afternoon left her and her neighbors without electricity, water, or working elevators. King and her partner were settling into their 18th-floor unit when the power cut off. With…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. Michael Nagle | Bloomberg | Getty Images Stocks rose for a fourth straight session on Tuesday, as artificial intelligence names continued to outperform during a holiday-shortened week. The S&P 500 added 0.46%, closing at…

Looking ahead to 2026 A reasonable forecast of China’s GDP growth is important for a number of reasons. First, Chinese and foreign companies alike must make sales projections, input availability plans, and competitor strategies based on how fast the world’s second-largest economy is growing. The difference between China growing 2% and 5% is half a…