Business
US stocks close higher fuelled by tech rally, soft inflation data
WALL Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal…
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Business
China figured out how to sell EVs. Now it has to deal with their aging batteries.
China is not only the world’s largest EV market; it has also become the main global manufacturing hub for EVs and the batteries that power…
Business
BTC price update: Bitcoin, crypto market could plummet again on ‘Witching Friday.’ Here’s why
Bitcoin investors are bracing for “Witching Friday” tomorrow, December 18, when billions of options are due to expire—making for what…
Business
Etro Has New Investors, Founding Family Exits
MILAN – Etro is entering a new phase with a new pool of investors. Confirming a WWD report on Tuesday, the Turkish Rams Global; Mathias…
Business
Bears leaving Chicago? Team threatens Indiana move as Pritzker rejects stadium deal
Illinois Gov. J.B. Pritzker's 2028 presidential ambitions are colliding with a very local headache: the Chicago Bears' stadium saga.…
Business
Cooling inflation numbers boost Trump's economic message
Consumer prices rose at a lower-than-expected rate last month, handing President Trump an early Christmas gift and a much-needed political…
Business
Why Disney’s Sora Deal Marks a Turning Point in the AI Wars
OpenAI released Sora 2 in October, unleashing a flood of copyright violations onto the internet. But instead of suing the company, or even…
Business
A Festive Fusion Wedding in the Gardens of Fairmount Horticulture Center
greens, mauve, purples Meghana + Michael’s design vision was to transport guests into a moody, enchanted forest, where romance and nature…
Business
Long-term mortgage rate hits 6.22%, hovering near its low for the year
The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year. The…
Business
BP’s CEO shake-up signals the end of its green energy era
British oil giant BP just announced a new CEO, marking its fourth chief executive shake-up in the last six years alone. The company named…
Business
Inflation cooled in November, but data may be distorted
At a time when Americans are frustrated and angry over the high cost of living, the government released a report Thursday showing that…
Business
Secondhand shopping is bigger than ever in 2025. Here’s how to thrift your holiday gifts the right way
Christmas is coming, and our bank accounts are getting, well, obliterated. But luckily, it’s no longer just your quirky aunt who…
Business
Is ‘artificial general intelligence’ an illusion? Yann LeCun thinks so
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a…
Business
Tin Can has reinvented the house phone for today’s families
One hot new phone of 2025 has no screen, can’t send a text, and needs to be plugged into the wall. But to buyers of the Tin Can, that’s a…
Business
Here’s the Truth About Trump’s $1,776 Bonus for the Military
Shareholders from each company will own 50 percent of the new entity as a result of the deal, which the companies say will be completed in…
Business
Bernard Arnault Wins ‘Legend in Leadership’ Award From Yale
HAILED BY YALE: Bernard Arnault, chairman and chief executive officer of LVMH Moët Hennessy Louis Vuitton, “embodies the rare combination…
Business
Why the Hell Is Trump Media Merging With a Nuclear Fusion Firm?
Shareholders from each company will own 50 percent of the new entity as a result of the deal, which the companies say will be completed in…
Business
DJT stock price rises on surprise news that Truth Social parent Trump Media is merging with TAE Technologies
In a surprising move, Trump Media and Technology Group (DJT) said on Thursday that it is fusing itself to a fusion company. The company…
Business
Wall Street opens higher as inflation eases; forecast boosts Micron
Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more…
Business
ECB holds rates with growth firmer and inflation near target
Policymakers give no guidance on next steps, saying decisions will be made meeting by meeting on data The European Central Bank (ECB) left…
Business
Bulgari Names Laura Burdese Chief Executive Officer
MILAN – Laura Burdese is set to become Bulgari’s new chief executive officer on July 1, succeeding Jean-Christophe Babin. She was named…
Business
UBS plans January job cuts to kick off final year of integration
UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be…
Business
Banijay Entertainment Expands Creator Push With Breakout Format ‘All Star Hide and Seek’ From Finnish YouTuber Roni Bäck (EXCLUSIVE)
Banijay Entertainment has picked up the international rights to breakout streaming format “All Star Hide and Seek,” underscoring the…
Business
Trump Media, fusion power firm TAE Technologies combine in US$6 billion deal
Under the deal, shareholders of both companies will own about 50% of the combined entity US President Donald Trump’s social media firm is…