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Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown15:20 U.S. wholesale prices rose modestly in November, the government said in report delayed by federal shutdown Retail sales rose a better-than-expected 0.6% in November as the holiday season kicked into gear15:20 Shoppers increased their spending in November from October as holiday shopping kicked into full gear Developer of New York offshore wind farm is asking a federal judge to spare it from Trump14:44 A federal judge is expected to consider whether to set aside a Trump administration order pausing the construction of a major offshore project for New York Canada and China: A half-century journey from Pierre Trudeau to Mark Carney12:25 Canada was one of the first Western countries to recognize communist China, establishing ties in 1970 under Prime Minister Pierre Trudeau Luxury retailer Saks Global files for bankruptcy as it prepares to restructure10:42 Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself after obtaining about $1.75 billion in financing commitments Hong Kong wants to expand oversight of building maintenance after deadly fire10:42 Hong Kong officials want to expand oversight of building maintenance and enhancing fire safety measures China's car exports surged in 2025, but domestic demand slowed10:42 China has reported its auto exports rose 21% last year from the year before, driven by a surge in electric vehicle shipments Asian benchmarks are mixed after Wall Street pulls back and global uncertainty grows8:30 Asian shares are trading mixed after Wall Street pulled back from its recent records and as political uncertainty brewed in various regions, including in Iran EPA proposes limiting power of states and tribes to block major projects over water concerns8:30 The Environmental Protection Agency is proposing limiting the power of states some authorized Indian tribes under the Clean Water Act to block major projects like natural gas pipelines Proposed billionaires' tax in California rattles Silicon Valley, entangles Gov. Newsom6:52 A proposal to tax the accumulated wealth of California billionaires has ignited a political uproar in Silicon Valley and across the state China had a record $1.2 trillion trade surplus in 2025, as exports rose 6.6% in December6:18 China’s government says that the country's trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States Popular weight-loss drugs shouldn't carry suicide warnings, FDA says13.ledna Federal regulators are telling drugmakers to remove label warnings about potential suicidal thoughts and behaviors from their blockbuster weight-loss drugs |