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DR Horton taps Prophetic AI to accelerate housing

D.R. Horton, the nation’s largest homebuilder, is turning to Prophetic’s AI to accelerate land acquisition and development amid a housing shortfall. Chronic underbuilding has left an estimated 4 million home deficit and …

Ford Halts F 150 Lightning Amid EV Shift

Ford's F-150 Lightning, once seen as a hit, has stalled after Congress and President Trump eliminated federal tax credits for electric-vehicle purchases at the end of September, triggering a sharp sales drop for costly m…

Apple unveils knitted iPhone Pocket amid mockery

Apple unveiled the iPhone Pocket, a knitted strap created with Issey Miyake, pitched as an 'additional pocket' for any iPhone and everyday items. Launching Friday in multiple colors, it costs $149.95 for the short versio…

Disney streaming grows as subscriber reporting ends

Disney closed its 2025 fiscal year with streaming momentum, posting 195.7 million combined Disney+ and Hulu subscriptions, up 12.4 million and topping estimates by 2.1 million. Disney+ rose to 131.6 million as Lilo & Sti…

FHFA evaluates portable mortgages amid affordability push

The Trump administration is exploring portable mortgages that would let homeowners carry their existing rates when moving, FHFA Director Bill Pulte said, as part of a broader push on affordability that also weighs assuma…

Arrived launches secondary market for real estate

Arrived, a 2021 startup letting people buy $100 shares of rental homes, raised $27 million led by Neo to launch a secondary market that trades stakes in individual houses in minutes. Backers describe it as a stock market…

Heirs to reshape family offices and investing

A Bank of America survey of 335 family offices finds most wealth hasn’t yet been handed down — and big changes loom when it is. With 59% planning transfers within a decade, heirs are expected to reshape missions, boost a…

Tesla outlines aggressive timelines for Robotaxi and Optimus

Tesla's AI leaders told staff to brace for their hardest year yet, with 2026 cast as a key test. At a nearly two hour all hands for Autopilot and Optimus, VP of AI software Ashok Elluswamy outlined aggressive timelines f…

NBC gains amid Disney YouTube TV blackout

Disney’s dispute with Google’s YouTube TV is reshaping the TV news leaderboard. With ABC channels blacked out since Oct. 30 for roughly 10 million subscribers, ABC retitled World News Tonight and Good Morning America epi…

Mercor offers lower pay after project canceled

Just weeks after raising $350 million at a $10 billion valuation, San Francisco AI startup Mercor abruptly shut down an AI training project known as Musen, contractors told Forbes. Thousands of workers said they were loc…

Shutdown end unlikely to normalize air travel

The nation’s longest shutdown may soon lift, reopening museums, monuments, and SNAP, but the skies won’t quickly clear. Unpaid for six weeks, air traffic controllers have called out, crippling half of the Core 30 airport…

Trump hosts Wall Street leaders at White House

President Trump will host a 7:30 p.m. private White House dinner Wednesday with a roster of Wall Street heavyweights, seeking deeper ties and fresh U.S. investment in manufacturing. Attendees include JPMorgan’s Jamie Dim…

US signals tariff relief on coffee bananas

Treasury Secretary Scott Bessent said “substantial” tariff relief on everyday imports is coming soon, targeting items the U.S. does not grow, such as coffee, bananas and other fruit. He said the move should lower prices …

Visa and Mastercard propose card fee settlement

Visa and Mastercard unveiled a proposed settlement in their nearly 20 year fight with merchants over interchange fees, reshaping the honor all cards rule. If approved, retailers could refuse higher tier rewards cards or …

Dow rises as AMD surges on AI

U.S. stocks were mixed midday: the S&P 500 slipped 0.1%, the Dow rose 309 points and the Nasdaq fell 0.5%. AMD jumped 9.6% on a revenue outlook tied to accelerating AI momentum, while Nvidia swung on lingering valuation …

Toyota begins North Carolina battery plant production

Toyota has begun production at a new $13.9 billion battery plant in North Carolina and will invest up to $10 billion more in the U.S. over the next five years. CEO Tetsuo Ogawa called it a pivotal moment. First announced…

Atlanta Fed President Raphael Bostic to Resign

Raphael W. Bostic will step down as president of the Atlanta Fed at February’s end, opening another vacancy as the central bank faces White House pressure to cut rates. His exit comes as the board prepares its five‑year …

AI Spending Surges Amid Uncertain Demand and Bottlenecks

AI’s buildout is racing ahead of demand and infrastructure, a bubble risk framed as oversized bets rather than apocalypse. With software sprinting while data centers take years to rise, visibility is murky. Reuters says …

Paramount Skydance Posts Loss Plans Streaming Push

Paramount Skydance reported a third quarter loss as shrinking TV advertising and distribution bit, with pro forma revenue down 3% to $6.1 billion, ad sales off 12% and distribution fees down 7%. In its first period under…

Big Tech rally lifts Wall Street broadly

Big Tech roared back Monday, lifting Wall Street as the S&P 500 rose 1.5%, the Dow 0.8% and the Nasdaq 2.3% for its best day since May. Nvidia jumped 5.8%, Taiwan Semiconductor gained 3.1% on nearly 17% October revenue g…

Nintendo eShop discounts start November 20th stores follow

Discounts on the Nintendo eShop begin November 20, with in-store deals rolling out a few days later. The notice also invites sign-ups for Verge Deals, which sends weekly emails featuring tested product offers, alongside …

Ellison outlines Paramount strategy after Q3 results

David Ellison used Paramount’s first earnings report under his leadership and Skydance’s ownership to outline a sweeping plan. Q3 revenue was $6.7 billion, with $324 million in operating income and a $257 million net los…

Citadel BD head resigns amid talent war

Citadel has lost another senior business development leader: Laura Sterner resigned last week as head of BD in Global Equities after two months, people familiar said. Her exit follows top quant recruiter Ansh Kalra’s mov…

Paramount Skydance boosts savings layoffs and price hike

Paramount Skydance said it now expects $1 billion more in merger savings, detailing CEO David Ellison’s ambitions alongside its first post‑merger quarterly report. The company is leaning into streaming and live sports ri…

Warren Buffett signals last message to investors

Warren Buffett, 95, sent Berkshire Hathaway investors an eight-page letter he says will precede his going quiet, ending his annual reports and long meeting remarks. He reflects on Omaha roots, mentors and values, says hi…

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