Tariffs hit boots, bags and more as leather prices jump — and relief could be years away

Leather prices are expected to continue rising in 2026 as Trump’s tariffs crimple a global supply-chain while domestic manufacturing and cattle herds are down.
Storm system threatens more rainfall Christmas Day over waterlogged Southern California

Another powerful storm system is on the horizon for Christmas Day with showers and possible thunderstorms.
Arkansas ticket scoops $1.8 billion in Christmas Powerball jackpot

The winning numbers — 4, 25, 31, 52, 59 and the Powerball 19 — were drawn about an hour before midnight.
5 major trends set to shape travel in 2026

Travel in 2026 is expected to emphasize less-traveled destinations, decision-free planning, wellness retreats, nostalgia trips & AI‑powered hotel stays.
Monetizers vs manufactures: How the AI market could splinter in 2026

AI infrastructure firms are set to win from the evolution of once asset-light Big Tech firms.
Hanwha’s Philly Shipyard can build nuclear submarine for U.S. Navy, executive says

South Korea’s shipbuilders are betting big on President Donald Trump’s ambition to revive the struggling U.S. shipbuilding industry.
The blowout AI trades that surprised Wall Street in 2025

We lay out the AI trades that captured the market’s attention, from Google’s unexpected growth to the boom in rocket companies and self-driving cars.
Crypto exchange Kraken plans to offer prediction markets in 2026: CNBC Crypto World

On today’s episode of CNBC Crypto World, Kraken’s global head of consumer, Mark Greenberg, discusses the crypto exchange’s recent announcement to acquire Backed Finance, the company driving the issuance of xStocks. Greenberg also discusses what can be expected from the crypto firm in 2026 and provides his outlook for tokenized equities in the new year.
S&P 500 closes at another fresh record in holiday-shortened session: Live updates

The S&P 500 rose to a new all-time high on Wednesday, coasting to another record close.
Exclusive: Nvidia buying AI chip startup Groq for about $20 billion in its largest acquisition on record

Nvidia is making its largest purchase ever, acquiring nine-year-old chip startup Groq for about $20 billion.