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The Latest Breaking News on Business

6 Tax Deductions Retirees Often Miss (But Are Entitled To)

Retirement is a huge milestone. Naturally, you spent decades working toward it. However, the party eventually ends. Once the steady paychecks stop, the reality of a fixed income sets in. Honestly, this shift feels strange. In a way, you switch from saver to spender. Suddenly, every dollar leaving your account…

Budget and the Bees

Construction Costs Could Surge $10,900 from New Tariffs — Will Home Prices Follow?

New tariffs could add $10,900 to construction costs — find out if home prices will rise and what this means for buyers and builders.

GOBankingRates

How Is Atmos Energy’s Stock Performance Compared to Other Utility Stocks?

Atmos Energy is outperforming the utility sector, yet analysts remain cautious about its near-term prospects.

Barchart

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Starbucks Brings Back Viral Bearista Cups as Fans Rush to Grab New Limited Drop

Starbucks has reintroduced its viral Bearista Cold Cup through a limited rewards drop, sending fans rushing to secure the sold-out holiday item.

International Business Times UK

Asia will get steady growth next year, defying global headwinds, says Mastercard’s chief APAC economist

Asia is contributing more to global growth than the Americas or Europe, says Mastercard's David Mann.

Fortune

Is United Airlines Stock Underperforming the Nasdaq?

United Airlines has fallen well behind the Nasdaq Composite over the past year, but analysts are doubling down with a striking level of conviction, projecting a sharp rebound and positioning the stock as one of the sector’s most compelling comeback stories.

Barchart

Disney to invest $1bn in OpenAI, allowing characters in Sora video tool

Agreement comes amid anxiety in Hollywood over impact of AI on the industry, expression and rights of creators

The Guardian - US

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JPMorgan: The biggest national security threat may be America's workforce

40% of adults lack basic digital skills, says a new report from JPMorganChase.

Axios

Jared Kushner – and three Arab monarchies – are at the heart of the Paramount-WBD bid

The president’s son-in-law is once again at the center of an international business deal that will require administration approval

The Guardian - US

When AI takes the tasks, managers take the relationships

Leaders say agents should handle the busywork so human managers can be more connected to their teams.

Fortune

Lululemon Faces Leadership Change Amid Intensifying Athleisure Competition

Lululemon announces CEO Calvin McDonald's exit as the company restructures amid slowing U.S. sales and rising athleisure competition.

Fashion Times

AI Bubble Risks: 'Is Your Nest Egg Safe?' Everyday Investors Shift to Gold, Bonds as Nvidia & Palantir Fear Mounts

Retail investors are shifting from AI stocks to gold and bonds amid fears of a bubble, as Michael Burry shorts Nvidia and Palantir, signalling increasing market caution.

International Business Times UK

401(k) Millionaires Surge, Leaving You Asking 'Where's My $1 Million?'

Fidelity hits a record 654,000 retirement millionaires amid soaring stocks, but UBS says many savers spend like the middle class. What does it really take to join the elite club?

International Business Times UK

Senator says FAA administrator failed to sell multimillion-dollar airline stake as promised

A Democratic Senator says the head of the Federal Aviation Administration has not sold off his multimillion-dollar stake in the airline he led since 1999 despite a promise to do so as part of his ethics agreement

The Independent UK

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Tom’s Hardware

RAM scalping takes hold on eBay, some DDR5 selling for more than $2,000 — price-gouged kits fetch 7x their original value, adding almost double the markup on already inflated prices

Scalpers exploit the memory shortage to sell memory kits at exorbitant prices on platforms like eBay.

TechRadar

Oracle shares drop after $15bn higher AI spending revealed

Oracle investors aren't happy with higher-than-anticipated Capex, despite healthy revenue growth.

Barchart

Dollar Extends Post-FOMC Losses

The dollar index (DXY00 ) tumbled to a 1.75-month low on Thursday and finished down by -0.43%. The dollar was under pressure Thursday on negative carryover from Wednesday after the FOMC cut the federal funds target range by -25 bp and said it would boost liquidity in the financial system...

The Independent UK

Employees and customers of California appliance chain shocked over abrupt closure and bankruptcy before holidays

Howard’s Appliance officials reportedly gave employees just two days’ notice before the sudden closure

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The Independent UK

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year

Barchart

If You Invest in Rare Earths Stocks, Mark Your Calendars for December 22

USA Rare Earth is gaining significant momentum as it joins the Russell indices later this month, boosting its market visibility.

The Independent UK

Disney invests $1B in OpenAI in deal to bring characters like Mickey Mouse to Sora AI video tool

Disney is investing $1 billion in OpenAI and will bring characters like Mickey Mouse and Luke Skywalker to the AI company's Sora video generation tool

The Independent UK

Trump’s tariffs have cost each American household $1,200 in added expenses, Dems say

In his second term, Trump has reversed decades of U.S. policy that favored free trade

International Business Times

YouTube TV Plans Are Coming Next Year Featuring Genre-Specific Bundles to Choose From

Google unveils YouTube TV's new plans that will soon deliver genre-specific bundles to choose from come next year.

Barchart

Is Kellanova Stock Underperforming the Dow?

Kellanova has shown resilience with modest Dow underperformance. Analysts are adopting a more cautious, stability-focused outlook.

Barchart

How Is Leidos Holdings’ Stock Performance Compared to Other Tech Stocks?

Leidos Holdings has outpaced its tech peers over the past year, analysts remain fairly bullish on the stock’s prospects.

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