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Trump launches cryptocurrency with price rocketing

Hours after its launch, the market capitalisation for $Trump reached nearly $5.5bn (£4.5bn).

BBC News - 7h

Pence expected to attend Trump inauguration

Former Vice President Mike Pence is planning to attend President-elect Trump’s inauguration on Monday, a source familiar with his plans told The Hill. Pence will likely be one of many current and ...

The Hill - 9h

What to expect from travel prices in 2025 — and which destinations have the best vacation bargains

Travel abroad is poised to be cheaper than in 2024, experts said. Domestic travelers may not be as lucky.

CNBC - 14h

Starbucks Expecting Job Cuts by March

Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.

The Wall Street Journal - 1d

Saab Expects Sales Growth to Top Guidance

The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.

The Wall Street Journal - 1d

Boston Celtics sale: Price expected to exceed $6 billion with at least four bidders in the mix, per report

The Celtics announced the team was being put up for sale last July, shortly after winning their 18th championship

CBS Sports - 13h

Ozempic picked for Medicare price bargaining

Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Biden adds Ozempic to list for Medicare price negotiation In one of its last actions, the Biden administration ...

The Hill - 1d

British retail sales unexpectedly drop in December

Pound falls and gilts rally as investors bet on more interest rate cuts

Financial Times - 1d

Abercrombie sale: Everything worth buying now

At Abercrombie, you can save up to 50% off sitewide — including clearance items. We rounded up our editors’ favorite mens and womens pieces from the sale.

NBC News - 2d

EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...

NBC News - 2d

Target says its holiday sales were better than expected — but its profits weren't

The big-box retailer's report indicates that deals and promotional events motivated shoppers.

CNBC - 2d

Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline

Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...

MarketWatch - 4d

Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.

Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...

MarketWatch - 4d

Macy’s stock slides as retailer warns Q4 sales could be weaker than expected

Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.

MarketWatch - 5d

Stormers dent Sale's chances of qualification

Stormers cruise past Sale Sharks to claim a bonus-point victory and kickstart their Investec Champions Cup campaign in round three.

BBC News - Jan. 11

Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics

As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...

MarketWatch - Jan. 11

December jobs report exceeds expectations

The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS News - Jan. 10

Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views

The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.

The Wall Street Journal - Jan. 10

As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury

With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.

The New York Times - Jan. 9

Greggs shares drop on sales slowdown

UK bakery chain blames ‘subdued high street footfall’ for weaker earnings

Financial Times - Jan. 9

Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility

Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.

NBC News - Jan. 8

Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility

Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.

CNBC - Jan. 8

More dangerous winds expected in California

As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.

CBS News - Jan. 7

Lions expect Montgomery to be ready for playoffs

Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...

ESPN - Jan. 7

December sales provide little cheer for retailers

Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.

BBC News - Jan. 7

Firms to raise prices due to tax and wage increases

Consumers could face higher costs in the coming months amid falling confidence among UK businesses.

BBC News - Jan. 6

Congestion pricing is a New York idea.

A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.

The New York Times - Jan. 5

Congestion Pricing Shows the Future of the Democratic Party

A model for how to deliver for voters without getting stuck in a traffic jam — political or otherwise.

The New York Times - Jan. 5

Congestion pricing in NYC starts after years of turmoil

The countdown to congestion pricing in New York City is over. Drivers now must pay a toll to enter Manhattan south of 60th Street.

CBS News - Jan. 5

N.Y.C. Congestion Pricing Begins on Sunday

After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.

The New York Times - Jan. 4

Biden plans $8bn arms sale to Israel

Last-minute show of support for US president’s close ally as he nears his final days in office

Financial Times - Jan. 4

Why Coffee Prices Are Soaring (Again)

Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.

The New York Times - Jan. 4

Biden Blocks Sale of U.S. Steel to Nippon Steel

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.

The Wall Street Journal - Jan. 3

Biden blocks US Steel sale

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...

The Hill - Jan. 3

Tesla sales declined for first time in a decade

Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...

CBS News - Jan. 2