Amazon threatens ‘drastic’ action after Saks bankruptcy, says $475M stake is now worthless
Amazon invested $475 million into Saks’ acquisition of Neiman Marcus. It wants a federal judge to reject Saks’ bankruptcy plan because it harms creditors.
Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away
“Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee told CNBC.
Oil markets are being pulled in every direction. Here’s how market watchers are navigating it
Oil prices rose as a potential U.S. strike on Iran loomed, but sank on Thursday after Trump hinted that one was not planned.
Billionaire Rams owner Stan Kroenke becomes America’s biggest private landowner
Kroenke represents a growing wave of ultra-wealthy entrepreneurs investing in long-held ranches and farmland.
These Greenland mining stocks have risen in 2026 — many by more than 70%
Heightened geopolitical interest in the Arctic island has seen a flurry of investor interest in companies with mining projects on the territory
Automakers like Ford and GM are jumping into a whole new business where Tesla is a serious player
Automakers Ford and GM are trying to figure out what to do with battery factories now that EV sales are falling way short of forecasts
Oil falls more than 4% as traders see Trump backing away from Iran strike threats
Concerns about a U.S. strike on Iran had been mounting after Trump vowed to take action against the regime’s crackdown on widespread protests in the country.
Australia banned social media for under 16s a month ago — here’s how it’s going
The effects of a new social media ban for under 16s in Australia has been mixed so far. Some teens are embracing new habits while others are bypassing the law.
Swiss competition authority opens probe into Microsoft licensing fees
Switzerland’s competition commission said on Thursday it launched a preliminary investigation into Microsoft’s licensing fees in the country.
UK economy surprises with stronger-than-expected 0.3% growth in November
Economists expect the U.K. economy to improve in 2026, particularly as the Bank of England is likely to continue on its interest rate-cutting path.
