Asia-Pacific markets fall in year-end trade
Asia-Pacific markets were poised for modest gains on the holiday-shortened and final trading day of the year. ...
China manufacturing activity expands for the first time since March, beating expectations
China’s economy ended the year on a slightly less gloomy note as manufacturing, services and construction activity all improved in…
SoftBank has fully funded $40 billion investment in OpenAI, sources tell CNBC
Companies have been spending big on AI infrastructure to support growing compute and connectivity needs. ...
Home prices are getting slightly more affordable, but down payments are still holding buyers back
Housing is getting more affordable thanks to lower prices and lower mortgage rates, but it still takes more time to…
Fed minutes show officials were in tight split over December rate cut
The Federal Reserve on Tuesday released minutes from its December meeting. ...
Trump calls Fed chair Powell a ‘fool,’ threatens lawsuit over headquarters renovation
Trump accuses Fed Chair Jerome Powell of "gross incompetence" and threatens lawsuit over costly headquarters renovation project in latest attack…
IRS hands workers bigger tax break for business expenses in 2026
Gig workers get a tax break with higher mileage rates for 2026. The IRS increased business driving deductions to 72.5…
Elon Musk calls himself a ‘maker,’ slamming politicians like Bernie Sanders: ‘They take’
Business tycoon Elon Musk described himself as a "maker" in a post on X while blasting Independent Sen. Bernie Sanders…
Steak ’n Shake touts $2.50 ‘Patriot Milkshake’ to honor America’s semiquincentennial
Steak 'n Shake launches $2.50 'Patriot Milkshake' promotion for January with red, white and blue sprinkles celebrating America's 250th anniversary.…