How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’

How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’

Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the … Read more

India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite

India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite

Hadynyah | E+ | Getty Images In a quarter partially affected by the 50% U.S. tariffs, the Indian economy grew faster than expected at an annual rate of 8.2% in the quarter ending in September. The growth was an acceleration from 7.8% in the previous quarter, when a lower deflator unexpectedly boosted real growth. A … Read more

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

‘Green light’ away from AI trade: Two ETF executives see a key market shift underway

A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again … Read more

SEC investigates Jefferies over First Brands collapse, report says

SEC investigates Jefferies over First Brands collapse, report says

The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty Images The U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said … Read more

Sellers are taking their homes off the market at the fastest pace in nearly a decade

Sellers are taking their homes off the market at the fastest pace in nearly a decade

Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market. Close to 85,000 U.S. sellers took their homes off the market in September, up 28% from September 2024 and the highest level for that month in eight years, … Read more

Private payroll losses accelerated in the past four weeks, ADP reports

Private payroll losses accelerated in the past four weeks, ADP reports

A ‘Now Hiring’ sign sits in the window of a Denny’s restaurant on Nov. 19, 2025 in Miami, Florida. Joe Raedle | Getty Images The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday. Private companies … Read more

Core wholesale prices rose less than expected in September; retail sales gain

Core wholesale prices rose less than expected in September; retail sales gain

Core wholesale prices rose less than expected in September, indicating a potential cooling in pipeline inflation pressures, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of what producers get for final demand goods and services, increased a seasonally adjusted 0.3% on the month, in line with the Dow Jones consensus … Read more

Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’

Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’

A sign opposing a zoning change for a Microsoft data center appears in Caledonia, Wisconsin, on Sept. 19, 2025. Jordan Novet | CNBC The village of Caledonia, Wisconsin, sandwiched between Chicago and Milwaukee along Lake Michigan, is dotted with corn and soybean fields, single-story homes and traffic signs alerting drivers to horseback riders. In September, … Read more

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Bessent believes there won’t be a recession in 2026 but says some sectors are challenged

Scott Bessent, US treasury secretary, arrives to speak during a site expansion groundbreaking ceremony at the Boeing South Carolina (BSC) manufacturing facility in North Charleston, South Carolina, US, on Friday, Nov. 7, 2025. Sean Rayford | Bloomberg | Getty Images Treasury Secretary Scott Bessent said on Sunday the U.S. was not at risk of entering … Read more

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving

A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended. … Read more