Ozgur Donmaz | Photodisc | Getty Images The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall. “We’re finally in the eye of the hurricane,” Daniel Zhao, chief economist at career site Glassdoor, wrote in a note. “After months…
Markets were on edge this week as a steady stream of negative headlines around the artificial intelligence trade stoked fears of a bubble. Famed short-seller Michael Burry cast doubt on the sustainability of AI earnings. Concerns around the levels of debt funding AI infrastructure buildouts grew louder. And once high-flyers like CoreWeave tanked on disappointing guidance. CNBC’s Deirdre Bosa asked those at…
A street sign is seen near the New York Stock Exchange (NYSE) in New York City, New York, U.S., August 7, 2025. Eduardo Munoz | Reuters New York Federal Reserve President John Williams met with Wall Street’s dealers last week about a key lending facility, the Financial Times reported, citing three individuals familiar with the…
NEW YORK — It sounds impossible, but that’s the magic of it. On Thursday, a new Whitney Houston song arrives 13 years after her death. English singer Calum Scott is responsible. The single is a duet between Scott and Houston, a balladic reinterpretation of the timeless “I Wanna Dance with Somebody (Who Loves Me),” using…
Despite Starbucks CEO Brian Niccol’s efforts to revitalize the coffee brand through the “Back to Starbucks” initiative , structural challenges continue to erode its performance. Once touted as a primary growth driver, China, its second-largest market, grew nominally by only 5% year over year in U.S. dollar terms. However, adjusting for a strengthening yuan and…
CEO of the British Fashion Council Laura Weir. Dave Benett | Dave Benett Collection | Getty Images The British Fashion Council’s newest CEO is bringing her own leadership flair to the role, touting resilience as a top trait to navigate difficult times amid tariffs and economic uncertainty. Laura Weir, a former creative director at Selfridges,…
Fully electric battery powered ALIA CTOL, CX300 single engine airplane, manufactured by Beta Technologies, performs during the 55th edition of the International Paris Air Show (Salon international de l’aeronautique et de l’espace – SIAE) at the ParisLe Bourget Airport, in Le Bourget, north of Paris, France on June 18, 2025. Mustafa Yalcin | Anadolu |…
“Bear Bets” are real wagers that Chris “The Bear” Fallica is actually making. I’m starting to sound like a broken record, but we were in the money again last week. I like the sound of that tune. College football week 8, be good to us. Last Week: 3-2-1Season: 23-14-2 This page may contain affiliate links…
Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and…
Buffalo Bills owner Terry Pegula made a bad situation worse on Wednesday. Much, much, much worse. During a press conference in Buffalo, Pegula and general manager Brandon Beane intended to address the firing of Sean McDermott — and the search for a new head coach. It’s a search Beane will lead following his promotion to…
