A pedestrian passes in front of the Saks Fifth Avenue Inc. women’s store at Brookfield Place in New York, U.S. Allison Joyce | Bloomberg | Getty Images Saks Global named a new CEO on Friday as the retailer is reportedly on the cusp of filing for bankruptcy protection. The parent of high-end department store chain Saks Fifth Avenue, […]
Saks Global announces new CEO as it reportedly prepares for bankruptcy Read More »
Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images From Spirit Airlines’ fight for survival to American Airlines‘ planned glow-up, from new international routes and brand-new airport lounges to stingier frequent flyer policies, class divides in the sky
Behind the mesh curtain: Why airline class wars will intensify in 2026 Read More »
Imported BYD vehicles are parked at a port on March 27, 2025 in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Chinese auto giant BYD on Friday is expected to dethrone U.S. rival Tesla as the world’s biggest seller of electric vehicles on a calendar-year basis. The milestone would cap an extraordinary
China’s BYD poised to overtake Tesla as world’s top EV seller for the first time Read More »
2027 Ram 1500 SRT TRX Stellantis DETROIT — Stellantis is resurrecting a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The automaker said Thursday that the 2027 Ram 1500 SRT TRX will be available late in 2026 for
Stellantis resurrects $100,000 Ram TRX V-8 pickup truck amid industry deregulation Read More »
Charlie Ergen Karl Gehring | Dever Post | Getty Images Wall Street grew increasingly obsessed with the artificial intelligence boom this year, pouring money into chips, data centers and applications. But investors looking beyond Silicon Valley found outsized returns in another location: space. Some of the year’s biggest market winners were defense companies that benefited
Space and defense boom lifted these satellite stocks by more than 200% in 2025 Read More »
As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the
These restaurant chains closed locations in 2025 Read More »
A “For Sale” sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images Mortgage rates are lower, home prices are easing, and there is more supply on the market for sale. All of that adds up to improved affordability for
Mary Barra, CEO of General Motors, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC DETROIT — General Motors is on pace to be the top U.S.-traded automaker stock of 2025, as shares of
GM’s record stock performance beats Tesla, Ford and other automakers in 2025 Read More »
Major payment and tech companies are racing to build the infrastructure for what they see as the next evolution of global commerce: artificial intelligence agents that can perform searches, compare prices, and make purchases on behalf of consumers. The trend is referred to as “agentic commerce,” and reflects consumers’ growing reliance on chatbots for everyday
AI agents could soon book flights and shop for you, and Visa and Mastercard want in Read More »
McDonald’s restaurant in San Diego, California, U.S., Oct. 31, 2025. Mike Blake | Reuters “Value” was the buzzword du jour for restaurant executives that lasted all year — and it will likely stick around in 2026, too. Over the last year and a half, diners, particularly those who make less than $40,000 a year, have
Restaurants’ hottest menu item in 2025 was ‘value.’ That won’t change next year Read More »
