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Costco files federal lawsuit challenging Trump's emergency tariff orders on imported goods1:30 Major retailer Costco challenges Trump tariff legality in federal court. Company faces critical December deadline that could lock in payments forever. Texas AG probes Chinese retailer's labor practices, product safety22:19 Texas Attorney General Ken Paxton announced an investigation into fast-fashion retailer Shein over potential violations of state labor and product safety laws. Elon Musk’s Tesla faces fresh criticism from ‘Big Short’ investor Michael Burry22:19 "Big Short" investor Michael Burry calls Tesla "ridiculously overvalued" while Elon Musk defends AI robotics as the solution to the debt crisis, spotlighting the two s contrarian views. Newell Brands to close Yankee Candle stores, cut jobs21:15 Newell Brands to close 20 Yankee Candle stores and cut 900 jobs as part of an optimization plan to streamline operations and align with shopping trends. Eli Lilly cuts Zepbound prices in competitive weight loss drug market battle20:11 Eli Lilly will cut prices for its weight loss drug Zepbound, with single-dose vials now available for $299 per month through its LillyDirect platform. Musk says AI and robotics are 'only' things that can solve massive US debt crisis19:39 Elon Musk claims AI and robotics are the only solution to America s $38 trillion debt crisis, predicting dramatic economic changes within three years. Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal19:07 Goldman Sachs announced it will buy Innovator Capital Management in a $2 billion cash-and-stock deal. Global assets in actively managed exchange-traded funds have reached $1.6 trillion. Product sold at Walmart recalled due to risk of explosion17:30 Walmart recalls 201,000 Ozark Trail camping stoves after explosions caused burns to users. Stop using immediately and return to store for full refund. Trump economic advisor Kevin Hassett touts ‘best Black Friday that we've ever seen’ as holiday spending surges17:30 National Economic Council Director Kevin Hassett attributes record Black Friday and holiday spending to increased incomes and lower inflation under the current administration. Trump admin's new SNAP requirements take effect for food stamp recipients17:30 Trump administration implements new SNAP work requirements for adults up to 64, mandating 80 hours monthly of work or training to receive food assistance. Trump says he’s chosen next Fed chair as affordability pressures rise15:54 Trump reveals he s chosen next Federal Reserve chair as affordability crisis tests economic agenda. Decision comes amid rising costs and voter doubts. Google CEO calls for national AI regulation to compete with China more effectively1.prosince Sundar Pichai calls for balanced AI regulation at the national level, warning that conflicting legislation could hurt US competitiveness against China. Kevin Hassett says he would be ‘happy to serve’ if chosen as next Fed chair30.listopadu Kevin Hassett signals willingness to serve as Federal Reserve chair if chosen by Trump, citing positive market response and potential new Fed direction ahead. How Real American Beer aims to fulfill late founder Hulk Hogan’s goal of toppling Bud Light, rivals30.listopadu Real American Beer is aiming to fulfill late founder Hulk Hogan s goal of topping Bud Light and other rival brands and is using unique marketing campaigns to do so. Powerball jackpot climbs to $740M after no weekend grand prize winner30.listopadu Powerball jackpot reaches $740 million for Monday night s drawing after no Saturday winner. Next chance to win the massive prize is Monday at 10:59 p.m. ET. |