GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring
News Brief: General Motors Announces Major Q4 Charges Summary General Motors (GM) will record $7.1 billion in special charges for […]
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Saks Global struggles to line up financing as potential bankruptcy filing looms
News Brief: Saks Global Struggles to Secure Bankruptcy Financing Summary Luxury retail conglomerate Saks Global is facing significant hurdles in
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‘Let’s be clear, it’s too high’: RBA deputy downplays easing inflation
RBA Holds Firm: No Rate Cuts in Sight, February Decision Looms Summary Reserve Bank of Australia (RBA) Deputy Governor Andrew
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Rio Tinto stock tumbles on mega merger talks, dragging down ASX — as it happened
Financial News Brief Summary The ASX 200 closed marginally lower in choppy trade, heavily influenced by Rio Tinto’s sharp sell-off
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Real estate agents say the housing market is starting to balance out
CNBC Housing Market Survey Q4 2025: Key Findings Summary The latest CNBC survey of real estate agents indicates the U.S.
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Family office deals cooled off in December, but heirs placed bets in health and media
News Brief: Family Office Investment Trends Summary Family offices for the ultra-wealthy significantly reduced direct investments in December 2025, capping
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California’s controversial wealth tax proposal leaves billionaires with little way out
News Brief: California’s Proposed Billionaire Wealth Tax Summary A proposed California ballot measure, the Billionaire Tax Act, aims to impose
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Used vehicle pricing expected to increase 2% in 2026, a historically stable rate
News Brief: Used Vehicle Price Forecast Summary Cox Automotive forecasts a modest 2% year-end increase in wholesale used vehicle prices
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RFK Jr.’s new food guidelines could boost beaten down fast-casual chains like Chipotle and Sweetgreen
EN News Brief Summary New U.S. federal dietary guidelines emphasizing whole foods and reduced processed food intake have received mixed
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US seizes more tankers as it lays out three-phase plan for Venezuela
News Brief: US Seizes Oil Tankers and Outlines Venezuela Plan Summary The US military seized two oil tankers linked to