Business news
- Wholesale inflation was softer than expected, retail sales moved higher in November - Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.
- Existing home sales end 2025 with a strong beat, as prices ease further - Home sales ended 2025 much stronger than expected, likely thanks to lower mortgage rates and easing home prices.
- Netflix likely to adjust Warner Bros. Discovery offer to make it all-cash - Netflix is likely to amend its offer for Warner Bros. Discovery's streaming and studio business after reaching an earlier agreement in December.
- Bank of America is set to report fourth-quarter earnings – here's what to expect - Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tailwinds.
- Russia watches as ally Iran edges closer to collapse. Here's why it matters for Moscow - The prospect of another ally falling in the Middle East will be a worrying one for Moscow, particularly after it has seen other alliances collapse recently.
- Tariffs and AI's downside pose top global risks for business, World Economic Forum says - The report captures a shifting landscape where geoeconomic confrontation leaps to the top spot on the list of business worries over the next two years
- Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection - Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of cash.
- What's at stake as Greenland and Denmark prepare for a White House showdown - The high-stakes meeting comes shortly after Greenland and Denmark's leaders portrayed a united front against Trump's takeover threats.
- Big Tech is poaching energy talent to fuel its AI ambitions - Hires of energy-related talent by Big Tech was 30% higher in 2025 than pre-AI levels.
- China's December exports sharply beat estimates, imports also top expectations - China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.