Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations. Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its…
As Wall Street’s top bankers huddled in New York last month, preparing to convince Elon Musk’s SpaceX that they should be chosen to lead its upcoming IPO, one firm wasn’t letting its star advisor miss the bake-off. Among the squad of JPMorgan Chase investment bankers flying 2,500 miles west to California to pitch SpaceX was…
Jersey Mike’s Subs is taking its signature sandwiches overseas with its first European expansion set for this year, the company said Monday. Leading the push is the brand’s founder and board chair, Peter Cancro, via his company, JM Submarines UK LTD. The deal between Jersey Mike’s and Cancro’s entity calls for 400 stores to be…
Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was down 3%. Bank of America fell 2.45%, Visa declined 1.58%, and Mastercard was 2% in the red. Broader finance names…
One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold hit a fresh record high on Monday, extending a blistering rally as investors piled into havens amid a swirl of geopolitical and policy shocks in recent days. Spot gold advanced 2% to hit…
Lights on in skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year’s budget. Bloomberg | Bloomberg | Getty Images LONDON…
LONDON, ENGLAND – JANUARY 11: People take part in a rally in solidarity with protesters in Iran on January 11, 2026 in London, England. Alishia Abodunde | Getty Images News | Getty Images U.S. President Donald Trump is readying for a likely intervention in Iran, as the country cracks down on protestors, with several hundreds…
A tower crane stands above residential buildings in an urban district in the afternoon light, on January 9, 2026, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images BEIJING — China’s push into high-tech industries isn’t large enough to offset the country’s property slump, leaving the economy more exposed to trade tensions,…
Nikolas Kokovlis | Nurphoto | Getty Images Malaysia and Indonesia blocked access to Elon Musk’s artificial intelligence chatbot Grok over the weekend due to concerns that the tool was being used to generate non-consensual, sexually explicit and obscene content. Malaysian regulators ordered temporary restrictions be placed on the chatbot from xAI on Sunday following “repeated…
Japan’s Prime Minister Sanae Takaichi speaks to the media after a telephone call with U.S. President Donald Trump, at her residence in Tokyo, Japan, Jan. 2, 2026. Kyodo | Via Reuters Japan’s ruling Liberal Democratic Party is planning to dissolve the country’s Lower House later this month and opt for a snap election likely in…
