Wayfair store in Wilmette, Illinois. Courtesy: Wayfair Stock Chart IconStock chart icon RH and Wayfair, 1-day Trump on Wednesday issued a yearlong pause on increased levies on upholstered furniture, along with kitchen cabinets and vanities. Instead, the duties on upholstered furniture will remain at 25% — the level Trump set in September. Before Trump’s 11th-hour…
Ken Griffin, Founder and CEO of Citadel, speaks to the Economic Club of New York at The Plaza Hotel in New York City, U.S., November 21, 2024. Brendan Mcdermid | Reuters Billionaire investor Ken Griffin’s flagship hedge fund at Citadel climbed double digits in 2025, navigating a volatile year marked by sharp market swings, trade…
A pedestrian passes in front of the Saks Fifth Avenue Inc. women’s store at Brookfield Place in New York, U.S. Allison Joyce | Bloomberg | Getty Images Saks Global named a new CEO on Friday as the retailer is reportedly on the cusp of filing for bankruptcy protection. The parent of high-end department store chain Saks Fifth Avenue,…
Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on Nov. 19, 2025. Brendan Smialowski | AFP | Getty Images Elon Musk’s Grok chatbot blamed “lapses in safeguards” for the recent posting of artificial intelligence-generated sexualized…
Trader Peter Tuchman wears “2026” glasses as traders work on the floor of the New York Stock Exchange at the opening bell on Dec. 31, 2025. Timothy A. Clary | Afp | Getty Images The new year is starting off looking a lot like the old one. The first trading day of 2026 kicked off…
My top 10 things to watch Friday, Jan. 2 1. S & P 500 futures are up early this morning as the market readies to kick off its first trading session of 2026. The broad market index gained more than 16% in 2025, its third consecutive annual gain. The Dow and tech-heavy Nasdaq are on track…
It’s one of the most important questions surrounding the Federal Reserve in 2026, and Fed Chair Jerome Powell has been pointedly mum. “I’m focused on my remaining time as chair,” Powell said at the December press conference. “I haven’t got anything new on that to tell you.” The question: whether Powell will remain on the…
Here are Friday’s biggest calls on Wall Street: Raymond James reinstates Apple as market perform The firm resumed coverage of the stock and downgraded it from its prior outperform rating. “Despite strong fundamentals and improving product cycles, we believe Apple’s current valuation appropriately reflects these strengths, limiting near-term upside.” Read more. Barclays upgrades Vertiv Holdings…
Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images From Spirit Airlines’ fight for survival to American Airlines‘ planned glow-up, from new international routes and brand-new airport lounges to stingier frequent flyer policies, class divides in the sky…
Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to…
