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Clothing rentals grow as prices and tariffs rise

Two years after swearing off new clothes, Minnesota pharmacist and creator Lydia Patel relies on rental services to dress for life’s occasional events, saving money and skipping laundry. She’s part of a growing shift as …

Jeep drives comeback with cheaper models and EVs

Jeep is staging a comeback after six straight U.S. sales declines, realigning prices and rolling out its biggest product push in years. CEO Bob Broderdorf says the brand is "reclaiming" its segment as the redesigned, les…

Novo Nordisk cuts Wegovy and Ozempic prices

Novo Nordisk cut direct-to-consumer prices for Wegovy and Ozempic to $349 a month for cash-paying patients, while the highest Ozempic dose stays $499. A temporary offer lets new cash payers get the two lowest doses for $…

Czech Republic advances Dukovany nuclear expansion plan

Amid the hum of drills at Dukovany, the Czech Republic is pressing ahead with a $19 billion nuclear expansion, selecting South Korea’s KHNP over France’s EDF to build two reactors of over 1,000 megawatts each, part of a …

Jeff Bezos to colead Project Prometheus AI

Jeff Bezos is stepping back into an operational role as co-chief executive of Project Prometheus, a low-profile artificial intelligence start-up launching with $6.2 billion in funding, partly from him, according to peopl…

BNPL surge masks growing consumer debt risks

Capital One cofounder and BNPL investor Nigel Morris warned at Web Summit that Americans using buy now pay later for groceries signals mounting strain. BNPL now counts 91.5 million U.S. users, with 25% financing grocerie…

Investigation links illicit billions to crypto exchanges

As crypto goes mainstream, at least $28 billion linked to crime flowed into major exchanges over the past two years, an investigation by The New York Times, ICIJ and partners found. Funds from North Korean hackers and sc…

FAA lifts flight limits after shutdown

Federal aviation officials on Sunday lifted flight restrictions at 40 major airports imposed during the record shutdown, allowing airlines to resume normal schedules Monday at 6 a.m. EST. The FAA, citing improved staffin…

Prediction markets boom amid legal and cultural debate

Prediction markets are drawing millions, from livestreamer Joel Holsinger, who quit his job and says he nets about $3,000 a week on Kalshi, to investors backing rivals like Polymarket. Kalshi's founders tout a federally …

Apple prepares for potential Tim Cook exit

According to the Financial Times, Tim Cook could depart as soon as next year, and Apple’s board and senior executives have stepped up succession planning. Cook, who has led Apple for more than 14 years after succeeding S…

Jury says Apple infringed Masimo blood oxygen patent

A federal jury handed Masimo a win in its longstanding legal battle with Apple, finding the company infringed a Masimo patent covering blood-oxygen monitoring technology visible in Apple Watch Workout and Heart Rate feat…

Ford unveils collaborative Dearborn headquarters The Hub

Ford is trading its 1950s Glass House for a 2.1 million square foot headquarters in Dearborn, ceremonially opening Sunday with construction continuing into 2027. Nicknamed The Hub, the four story complex will consolidate…

Newnan jackpot winner options and taxes

Friday’s drawing produced winning numbers 1, 8, 11, 12, 57 and gold Mega Ball 7, with tickets purchased at a Publix in Newnan. The jackpot, which had grown since a $348 million Virginia win in June, stands at $980 millio…

Regulators question data center demand projections

Utilities predict electricity demand could double or triple within years as data centers tied to a fast-growing AI economy come online, but officials question whether forecasts inflate projects that may never be built. A…

Ethics Report Cites Kugler Fed Trading Violations

A report from the U.S. Office of Government Ethics released Saturday found that Adriana D. Kugler, who stepped down as a Federal Reserve governor in August, repeatedly violated the central bank’s trading rules. Newly dis…

Mamdani Taps Lina Khan Signaling Private Equity Scrutiny

New York mayor-elect Zohran Mamdani’s choice of former FTC chair Lina Khan for his transition team is being read as a warning to private equity firms accused of rolling up local providers, raising prices, and degrading c…

Shutdown ends as controller pay claims challenged

The longest US government shutdown ended Wednesday, bringing overdue relief to air traffic controllers who went more than a month unpaid and received two $0 checks since October. Back pay starts Saturday. The shutdown re…

AI rally stirs bubble fears and doubts

Investors who cheered this year’s AI-fueled market highs are growing uneasy. A sharp Nasdaq slide led by Nvidia and CoreWeave revived comparisons to the dot com era, as gains concentrate in a handful of tech giants now m…

US moves toward steep tariffs on Italian pasta

The U.S. Commerce Department’s antidumping review of Italian pasta has triggered a proposed 92% duty on selected makers, atop a 15% Trump-era tariff, for a combined 107%. The probe, sparked by complaints from U.S. brands…

JPMorgan strikes paid data deals with fintech

JPMorgan Chase has signed paid data-sharing agreements with fintech middlemen covering more than 95% of data requests, including Plaid, Yodlee, Morningstar and Akoya. The bank says the deals will make open banking safer …

PepsiCo unveils dyeless Doritos and Cheetos

PepsiCo is stripping artificial flavors and dyes from two of its best-known snacks, unveiling new Simply NKD versions of Doritos and Cheetos that are entirely dyeless. The lineup includes Simply NKD Nacho Cheese and Cool…

US and Switzerland near tariff cut agreement

The United States and Switzerland have essentially reached a trade deal to lower tariffs on Swiss goods from 39% to 15%, US Trade Representative Jamieson Greer said, with details expected Friday. The pending agreement wo…

StubHub shares plunge after first IPO results

StubHub shares plunged 20% in extended trading after the ticket vendor posted its first results since its September IPO. The company reported a $4.27 loss per share and $468.1 million in revenue, topping estimates, while…

Bitcoin dips amid Big Tech AI pullback

Bitcoin slipped below $95,000 on Friday, extending a four-day slide amid an AI-linked pullback in Big Tech. The token last traded at $94,896.03, down 3.5%, after briefly reclaiming $107,000 on Tuesday before rolling over…

Billionaires Drive Surge in Sports Team Investments

Sports teams are shifting from trophies to core investments for the ultra-wealthy, a J.P. Morgan Private Bank survey finds. Among 111 billionaire family-office principals polled by its 23 Wall unit, 20% now own controlli…

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