The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of…
Customers at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y. Lori Van Buren | Albany Times Union | Hearst Newspapers | Getty Images Holiday road-trippers are feeling some relief at the pump this year. The average price of unleaded gasoline in the U.S. has been…
Shoppers at the Glendale Galleria in Glendale, Calif., on Dec. 20, 2025, the final weekend of Christmas gift buying. Myung J. Chun | Los Angeles Times | Getty Images U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa. The report from…
Check out the companies making headlines before the bell. ZIM Integrated Shipping Services — The shipping services firm jumped 10% after its executives said a board is evaluating multiple competitive acquisition proposals. Novo Nordisk — The drugmaker jumped 7% in the premarket after the company’s GLP-1 pill received approval from the Food and Drug Administration….
Canaccord Genuity is ready to look past Tesla’s near-term demand weakness. The investment firm reiterated its buy rating on the electric vehicle maker and hiked its price target to $551 from $482, signaling a 13% gain ahead. Despite this price hike, analyst George Gianarikas reduced his deliveries outlook for the fourth quarter to reflect a…
H-1B applicants face a challenging year ahead as political pushback to the visas is reinforced with a slew of actions from the U.S. administration. On Monday, the U.S. Embassy in India posted on X that since Dec. 15, it has started conducting online presence reviews of all H-1B and H-4 visa applicants in a bid…
Credit cards that reward homeowners for using their plastic to make mortgage payments have been slow to materialize and quick to fade from the market. In the last four months, two issuers of credit cards with mortgage-related benefits pulled their offerings, showcasing the difficulty providers face delivering profitably on a product category that’s synonymous with…
Looking for areas of the market well positioned for early 2026, many insurers set up favorably with momentum turning higher and relative trends showing improvement. This is an area of the market where we would view a pullback as an opportunity to build exposure. An insurer with a bullish catalyst is Chubb (CB) . Last…
The three major averages posted a winning session on Monday, kicking off the holiday-shortened week on a positive note. <
A U.S. military helicopter flies over the Panama-flagged Centuries, which was intercepted by the U.S. Coast Guard, days after U.S. President Donald Trump announced a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, east of Barbados in the Caribbean Sea on Dec. 20, 2025. Department Of Homeland Security | Via Reuters The escalating…
