For the first time in years, analysts are feeling optimistic about luxury. Next year, the sector will finally return to growth, market watchers say, yet companies’ performance is likely to diverge based on their level of exposure to different segments of the customer base, making stock picking key for luxury investors in 2026. J.P. Morgan…
A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying…
French planemaker Airbus cut its delivery guidance early Wednesday after a series of issues related to its A320 aircraft. On Monday, reports emerged of a flaw said to affect dozens of A320-family aircraft. Airbus later said it had identified a quality issue regarding a “limited number” of metal panels, and that the source of the…
Traffic on Interstate 80 in San Pablo, California, US, on Wednesday, Nov. 26, 2025. David Paul Morris | Bloomberg | Getty Images The White House will announce new fuel economy standards on Wednesday, according to administration sources. The Trump administration will propose rolling back the standards implemented by former President Joe Biden last year, sources…
Macy’s on Wednesday beat Wall Street’s sales expectations for the third quarter in a row and posted its strongest growth in more than three years as the company’s turnaround strategy showed signs of momentum. The department store operator raised its full-year sales and earnings outlook after its better-than-expected fiscal third quarter. The retailer now expects…
SEOUL, SOUTH KOREA – DECEMBER 03: President Lee Jae Myung speaks during a press conference to mark the first anniversary of former President Yoon Suk Yeol’s brief imposition of martial law, at Yeongbingwan of Blue House on December 03, 2025 in Seoul, South Korea. A year has passed since then-President Yoon Suk Yeol declared a…
French satellite group Eutelsat, often seen as Europe’s answer to Elon Musk’s Starlink, saw its share price plummet Wednesday following a report that Japanse investor SoftBank cut its stake in the company. Shares in Eutelsat were last trading 7.2% lower as of 4.41 a.m. ET. The moves come following a Reuters report that SoftBank has…
Russia’s President Vladimir Putin awards India’s Prime Minister Narendra Modi with the Order of St. Andrew the Apostle the First-Called at the Kremlin in Moscow, Russia July 9, 2024. Evgenia Novozhenina | Reuters As India reels under punitive U.S. tariffs over its purchases of Russian oil, New Delhi is all set to host President Vladmir…
Russian President Vladimir Putin speaks to journalists during his press conference at the VTB Investment Forum ‘Russia Calling!’, on December 2, 2025 in Moscow, Russia. Putin visited an annual forum, hosted by the VTB Group, prior his talk with U.S. special envoy Steve Witkoff. Contributor | Getty Images News | Getty Images Peace talks held…
Travelers from Latin America and the Caribbean arrive at Miami International Airport. Carl Juste | Miami Herald | Getty Images The Trump administration on Tuesday said it paused all immigration applications, including green card and U.S. citizenship processing, filed by immigrants from 19 non-European countries, citing concerns over national security and public safety. The pause…
