China consumer prices return to growth in October, producer price slump extends to three years
Deflation pressures in China alleviated in October, as consumer prices returned to growth after falling for two straight months, though producer prices extended their slump to three years.
Trump tells Senate Republicans to send federal health insurance money ‘directly to the people’
President Trump proposed a new potential compromise on health insurance payments.
Too early to bet against AI trade, State Street suggests
State Street’ Anna Paglia is reiterating her bullish stance on artificial intelligence stocks despite the Nasdaq’s worst week since April.
Flight cancelations to worsen next week if shutdown continues
Airlines will have to slash hundreds of more flights if shutdown continues into next week.
Trump’s ‘No tax on tips’ could be end of large-group service fees on restaurant bills
If you don’t like service fees restaurants charge large groups, you may be in luck. President Trump’s ‘no tax on tips’ may end it, but restaurants aren’t happy.
Consumers on edge as ACA ‘subsidy cliff’ looms: ‘Quite frankly, it’s terrifying’
Households are bracing for a sharp increase in their health insurance premiums if Congress doesn’t extend enhanced subsidies for ACA marketplace plans.
UPS and FedEx grounding MD-11 planes following deadly Kentucky crash
United Parcel Service and FedEx said they are grounding their fleets of MD-11 planes “out of an abundance of caution” following a deadly crash at UPS Worldport.
Underwater cables are a vital piece of the AI buildout and internet — investment is booming
Over 95% of international data and voice traffic travels through subsea telecom cables. Tech giants Meta, Google, Amazon and Microsoft are investing for AI.
Bank of America says Domino’s Pizza is among the most likely M&A candidates
U.S. M&A deals are tracking for the best year for dealmaking activity since 2021, Bank of America said.
Carl Icahn returns to a familiar sector — auto repair — as he builds a 15% stake in Monro
Icahn has a long history in the automotive parts and services industry, so this investment could play out in several different ways.