Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
The split in company results indicates consumers are splurging in some areas, as they save in others. ...
Economy
Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September. ...
OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment
OpenAI CFO Sarah Friar said in a LinkedIn post that the artificial intelligence company is not seeking a government backstop…
Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up
The big-box retailer, which has long relied on stores as fulfillment hubs, is tweaking its approach to try to improve…
FAA announces flight reductions at 40 airports. Here’s what travelers need to know
The Federal Aviation Administration announced a reduction across 40 airports beginning Friday. Here's what travelers need to know. ...
Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups
Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion…
Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects
The New Jersey governor race took place amid a government shutdown, a decline in approval for President Donald Trump and…
SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters
The frenzy around AI has sparked concerns that markets could be in the midst of a tech bubble. ...
Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount
Novo Nordisk is currently locked in a bidding war with Pfizer for U.S. biotech firm Metsera. ...