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Homeowners are losing thousands in equity thanks to weakening prices

Homeowners are losing thousands in equity thanks to weakening prices

A tract of new tightly packed homes are viewed along the Boulder City Parkway on January 11, 2022 in Henderson, Nevada. George Rose | Getty Images Home values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity. Borrower equity […]

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‘The next protein’: Fiber is shaping up to be the latest grocery obsession

‘The next protein’: Fiber is shaping up to be the latest grocery obsession

Cases of Pepsi soda are displayed at a Costco Wholesale store on Nov. 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the scene as people place an

‘The next protein’: Fiber is shaping up to be the latest grocery obsession Read More »

AI shopping could drive 3 billion in holiday sales. Walmart and Target are racing to get in

AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in

Holiday shopping has always felt like a “chore” for Amrita Bhasin.  Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving.  But this year, Bhasin

AI shopping could drive $263 billion in holiday sales. Walmart and Target are racing to get in Read More »

Lululemon CEO Calvin McDonald to depart in January as retailer struggles to compete, woo shoppers

Lululemon CEO Calvin McDonald to depart in January as retailer struggles to compete, woo shoppers

Lululemon announced Thursday its CEO Calvin McDonald will step down effective Jan. 31 following more than a year of underperformance at the athleisure company.  The company’s board of directors is working with a “leading executive search firm” to identify its next CEO, it said in a news release. McDonald will stay on as a senior

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Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images OpenAI on Thursday announced its most advanced artificial intelligence model, GPT-5.2, and said it’s the best offering yet for

Sam Altman expects OpenAI to exit ‘code red’ by January after launch of GPT-5.2 model Read More »

Eli Lilly’s next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial  

Eli Lilly’s next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial  

The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Thursday said its next-generation obesity drug delivered what appears to be the highest weight loss yet in a late-stage trial while reducing knee arthritis pain, clearing the first of several upcoming

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Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian announces new AI tech, in-house chip and robotaxi ambitions

Rivian debuted new tech at its first “Autonomy and AI Day” on Thursday in Palo Alto, California. Credit: Rivian Electric vehicle maker Rivian Automotive has developed a custom chip, car computer and new artificial intelligence models that will enable it to bring self-driving features to its forthcoming vehicles, the company revealed at its first “Autonomy

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Disney’s OpenAI stake is ‘a way in’ to AI and Sora will help reach younger audience, Iger tells CNBC

Disney’s OpenAI stake is ‘a way in’ to AI and Sora will help reach younger audience, Iger tells CNBC

The Walt Disney Company’s $1 billion equity investment in OpenAI will serve as “a way in” to artificial intelligence, which will have a significant long-term impact on the business, Disney CEO Bob Iger told CNBC’s “Squawk on the Street” on Thursday. “We want to participate in what Sam is creating, what his team is creating,” Iger said.

Disney’s OpenAI stake is ‘a way in’ to AI and Sora will help reach younger audience, Iger tells CNBC Read More »

Disney making  billion investment in OpenAI, will allow characters on Sora AI video generator

Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator

The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make videos with its copyrighted characters on Sora. OpenAI launched Sora in September, and it allows users to create short videos by simply typing in a prompt. As part of of the startup’s new agreement

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