Discover breaking business news, market trends, and expert insights. Stay ahead with updates on finance, startups, and global economies.
S&P 500 slips from record high as weaker retail sales data and Middle East tensions weigh on markets; AI stocks remain resilient.
Read MoreS&P 500 Retreats from Record as Retail Sales Disappoint
New York City's high-income residents are accelerating their exodus following Mayor Zohran Mamdani's tax hikes on millionaires, driving wealth to no-tax states like Florida and Texas.
Read MoreTime to Run from New York: Why High-Earners ($1M+) Are Fleeing in 2026
UPS and FedEx MD-11 planes are grounded, impacting holiday shipping. Experts suggest cargo may shift to passenger planes, trains, and trucks. Learn more.
Read MoreUPS and FedEx Planes Grounded: Holiday Shipping Impacts Explained
China has exempted Nexperia chips from export controls, easing concerns over potential disruptions to European car production, as reported by BBC News.
Read MoreChina Exempts Nexperia Chips from Export Controls, Easing European Auto Industry FearsUS airlines canceled over 2,700 flights on Sunday due to the government shutdown and FAA orders to cut air traffic, causing delays at major airports.
Read MoreUS Airlines Face Over 2,700 Daily Cancellations Amid Shutdown FalloutU.S. aviation officials ground MD-11 planes for inspection after a deadly UPS crash in Kentucky kills 14. UPS and FedEx comply with the order.
Read MoreFAA Grounds MD-11 Planes After Deadly Kentucky Crash