How that impacts consumer costs

How that impacts consumer costs

A shopper carries a Hollister bag at a shopping mall in Dayton, Ohio, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images The Federal Reserve is on the cusp of a “regime change” after the Department of Justice dropped its criminal investigation into Fed Chair Jerome Powell, eliminating a potential obstacle to confirming President Donald Trump’s nominee, Kevin Warsh,…

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How the restaurant group behind NYC’s Carbone is overcoming young people shunning alcohol

How the restaurant group behind NYC’s Carbone is overcoming young people shunning alcohol

The restauranteur behind New York’s famed Carbone said there’s been a big shift in consumer behavior with younger customers spending less on alcohol but more on high-end dining experiences. “They’re definitely health conscious. There’s certainly been a trend of drinking less,” Mario Carbone, the CEO of Major Food Group, said on “Mad Money” on Friday….

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A ‘sleep like a baby’ portfolio is having its best year in nearly a century

A ‘sleep like a baby’ portfolio is having its best year in nearly a century

Forget the 60/40 portfolio: Investors have had a much better option this year to get better diversification and stronger returns. Rather than the traditional split between stocks and fixed income, market participants in 2026 have been better off evenly splitting their bets four ways — among stocks, bonds, cash and commodities, according to Bank of…

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