Timothy Mellon is Trump’s $130 million mystery military donor: NYT
Reclusive billionaire Timothy Mellon, whose grandfather was a Treasury secretary, was a top donor to President Donald Trump for the…
Category: Economy
American Airlines is arriving late to the luxury travel boom. Can it catch up?
American Airlines has fallen behind large rivals Delta and United in seeking out luxury customers, bringing in profit and more.…
Deckers Brands stock sinks 15% after soft outlook raises concerns about Hoka, Ugg growth
Deckers Brands shares fell about 15% after fiscal Q2 results with softer outlook and fears HOKA’s rapid growth is slowing…
3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise
CEO Lip-Bu Tan said that artificial intelligence "is a strong foundation for sustainable long-term growth. ...
AMD’s stock pops nearly 8% on report IBM can use its chips for quantum computing error correction
IBM announced a quantum computing partnership with AMD in August and plans to launch a supercomputer by 2029. ...
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow…
Ontario to pause Reagan tariffs ad — but only after it’s shown during World Series this weekend
Ontario Premier Doug Ford earlier had tweeted an unedited video showing Ronald Reagan criticizing tariffs. Trump has made tariffs a…
Shares of Labubu maker Pop Mart dip despite staggering third-quarter U.S. sales growth
Pop Mart stock dips 25% from August highs despite tripled Q3 revenue; Labubu resale slump sparks demand debate amid rising…
Trump backs off federal deployment in San Francisco after Huang, Benioff phone calls
Democratic Mayor Daniel Lurie said Secretary of Homeland Security Kristi Noem confirmed that plans for a deployment were called off.…