Business
Business
Americans are ready to shop holiday sales amid higher prices, debt
With the election behind them, many consumers finally feel free to spend — though they’ll still be focused on deals and selective about splurges.
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Work Advice: I’m uncomfortable with our CEO invoking Jesus in meetings
As a non-Christian, I’m bothered by our CEO’s practice of opening meetings with a Christian prayer. Should I say something?
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AI’s enormous power demand is threatening U.S. climate goals
The voracious electricity needs of AI are driving plans for dozens of new fossil fuel plants, pushing climate goals out of reach.
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Turkey prices unflappable despite bird flu and high grocery costs
As buyers deal with high prices in supermarkets, the cost for the Thanksgiving staple of turkey remains relatively stable. Here’s why.
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Top federal watchdog announces new oversight of tech giants
The Consumer Financial Protection Bureau could soon closely monitor payment systems run by Google, Apple and Venmo.
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Tom’s of Maine issued warning over bacteria found in toothpaste products
The FDA issued a warning letter, but not a recall, after an inspection found tainted water samples as well as a “black mold-like substance” at one of its plants.
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Billionaire Gautam Adani indicted in New York in alleged bribery scheme
Indian energy billionaire Gautam Adani, an ally of Prime Minister Narendra Modi, was indicted in New York for alleged bribery involving solar energy supply contracts.
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Archegos founder Hwang sentenced to 18 years in prison
Prosecutors said Hwang is responsible for ‘one of the largest securities fraud schemes in history’
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Musk, Ramaswamy vow ‘mass head-count reductions’ in U.S. government
The leaders of President-elect Donald Trump’s ‘Department of Government Efficiency’ outlined their efforts in a new Wall Street Journal editorial.
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Retailors report egg shortage ahead of holidays amid surging bird flu
Avian influenza has affected more than 108 million poultry in 48 states since 2022, lifting prices and diminishing supply.
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Trump eyes return of Russell Vought to key White House budget post
The president-elect is interviewing the author of a chapter of Project 2025 for a senior administration posting.
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Retail giant Target lowers holiday expectations, even as a rival thrives
The day after Walmart predicted a strong fourth quarter, Target forecast a flat holiday shopping season as shoppers look for cheaper items.
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How Trump’s tariffs could spark a trade war and ‘Europe’s worst economic nightmare’
European countries could be among those hardest hit if Trump follows through on tariffs. The European Union says it wants to negotiate but is prepared to retaliate.
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Behind on retirement savings? Here’s how you can save more in 2025.
If you’re in your early 60s and have a 401(k), 403(b) or other workplace retirement account, you can supersize your contributions — to as much as $34,750.
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New job? You may be leaving behind thousands in 401(k) savings.
People receive on average a pay bump of 10 percent when they switch jobs, but the amount they stash in their 401(k) accounts often drops.
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With Trump on hand, SpaceX’s Starship to try another risky rocket catch
The Starship program promises to help SpaceX, which has launched an unprecedented number of rockets, remain ahead of its rivals for government business.
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Walmart sees higher-income shoppers as a key to holiday sales growth
Households earning more than $100,000 made up 75 percent of its Walmart’s market share gains in the third quarter, chief executive Doug McMillon said.
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Trump expected to name Howard Lutnick, Wall Street CEO, as commerce secretary
The chief executive of Cantor Fitzgerald would be the Trump administration’s top economic policy official if confirmed.
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