Alistair Berg | Digitalvision | Getty Images Online holiday spending in the U.S. is expected to jump 5.3% year over year to $253.4 billion as consumers seek discounts and even enlist the help of artificial intelligence-powered chatbots, according to an Adobe Analytics report released Monday. Yet that growth would still be slower than the year-ago…
Sam Altman, chief executive officer of OpenAI, left, and Lisa Su, chair and chief executive officer of Advanced Micro Devices, arrive for a Senate Commerce, Science, and Transportation Committee hearing in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images OpenAI and Advanced Micro Devices have reached a deal…
The Aston Martin DB12 Goldfinger Edition during the 007 takeover of Burlington Arcade on Oct. 29, 2024, in London, England. Dave Benett | Getty Images Entertainment | Getty Images Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla posted a teaser video on X sparking speculation that the electric carmaker could be gearing up to release a new car. The first video posted…
Sebastien Lecornu, France’s prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Wednesday, Sept. 10, 2025. Bloomberg | Bloomberg | Getty Images France’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis. Lecornu, France’s fifth PM in less than…
Sanae Takaichi listens to a question after visiting the Yasukuni shrine to honour the war dead durig the shrine’s spring festival in Tokyo on April 23, 2015. Toshifumi Kitamura | Afp | Getty Images Having won the presidency of Japan’s ruling Liberal Democratic Party, Sanae Takaichi is on the verge of becoming the country’s first…
In this photo illustration, the Brookfield Infrastructure Partners company logo is seen displayed on a smartphone screen. Piotr Swat | Lightrocket | Getty Images Fears about the impact of a government shutdown, a slowing labor market, and elevated stock valuations are weighing on investor sentiment. Given the ongoing uncertainty, investors looking for stable returns can…
President Trump’s One Big Beautiful Bill passed over the summer, but the tax benefits have barely begun. Many Main Street businesses stand to gain significantly from new tax law deductions into next year, some key ones as high as 100% of costs. The favorable tax measures are not all entirely new. Some had been phased…
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets were set to open higher on Monday, with investors closely eyeing Japan equities after the country’s ruling Liberal Democratic Party elected staunch conservative Sanae Takaichi as its new leader on Saturday,…
Government shutdowns should, theoretically, matter to the stock market. A shutdown could hurt spending power for up to 900,000 people, the highest estimate I have seen for those to be furloughed. That’s a lot of people who will spend a lot less money – especially because most Americans live paycheck to paycheck. Shutdowns still don’t…
