Dow Jones Reaches Historic 50,000 Milestone on Technology Strength
The Dow Jones industrial average crossed 50,000 for the first time in history, propelled by strong gains in technology stocks, solid corporate earnings, and growing investor confidence about declining interest rates.
UPS to Cut 30,000 Jobs as Company Reduces Reliance on Amazon
UPS plans to eliminate up to 30,000 jobs in 2026 as it cuts Amazon shipments, restructures its network, and shifts focus to higher-margin customers.
American Airline Files for Bankruptcy After Grounding Flights
An American airline has filed for bankruptcy after grounding all flights, shutting down operations and leaving passengers uncertain about refunds and travel plans.
American investors and TikTok agree to open a new business in the U.S.
TikTok and U.S. investors have agreed to form a new American company, backed by Oracle and Silver Lake, to address national security concerns while keeping the app running in the United States.
Funding Standoff Forces Flight Cuts, Straining U.S. Supply Chain
Officials say that the U.S. supply chain is already weak because of labor shortages and delayed shipments, and it is now even more strained because of federal job shortages that have led to fewer flights at airports.
U.S. Retailers Expect Record Holiday Sales as NRF Forecasts First-Ever $1 Trillion Season
The National Retail Federation says that holiday sales will reach a record $1 trillion this year because eager shoppers are taking advantage of early discounts and strong consumer demand.
Google Unveils Major Investment in Germany: Data Centers & Renewable Energy
Google LLC is about to announce its biggest investment in Germany to date. It will focus on data centers, infrastructure, and renewable energy projects.
UBS Pauses Credit Suisse Wealth Transfers Amid Integration Challenges
Financial insiders who know what's going on say that UBS has put off moving some very wealthy Credit Suisse customers to its platform because of problems with technology and management.
Swiss Watch Stocks Climb as Investors Bet on Softer U.S. Tariff Policy
The stock prices of major Swiss watchmakers went up as investors became more optimistic that the US might lower some import taxes, which would ease the pressure on luxury exports.
Warren Buffett Says Age Is Catching Up but Reaffirms Confidence in Berkshire’s Next CEO
Warren Buffett, who is 95 years old, told shareholders that "Father Time" is now catching up with him as he gets ready to leave his job as CEO of Berkshire Hathaway in January. He did say, though, that Greg Abel is more than qualified to lead the company.
The Invisible Titans of World Finance: The Highly Influential Julio Herrera Velutini, The Banking Icon of Latin America
Julio Herrera Velutini, a private and influential banker from Latin America, works behind the scenes to shape global markets, support economic stability, and contribute to philanthropic initiatives, representing the unseen leaders of modern finance.
Supreme Court Steps In as Oil Giants Fight to Block Climate Liability Cases
America's highest court has agreed to weigh in on one of the most consequential legal battles in modern environmental history, as major fossil fuel producers push to shut down a growing wave of climate damage lawsuits filed by local governments across the country.
Koepka’s Leap of Faith: What Comes Next After LIV Golf Exit
DECEMBER 24, 2025
Skenes and Skubal Win Cy Young Awards as Future Uncertainty Grows
NOVEMBER 12, 2025
