Economy – Stocks Run The World

Browse category by Economy

Economy

Valentino, founder of Italian luxury empire, dies at 93

January 21, 2026

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was 93, and had retired in 2008. Founder of the eponymous brand, Valentino scaled the heights of haute couture, created a business empire and introduced a new color to the fashion world, the ‘Valentino […]

Economy

Saks files for bankruptcy as luxury market struggles

January 16, 2026

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts […]

Economy

Warner Bros. Discovery rejects Paramount’s amended takeover offer

January 11, 2026

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to […]

Economy

Trump Media to merge with nuclear fusion company

December 21, 2025

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl […]

Economy

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

December 4, 2025

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional ‘Trump Accounts’ for children across the country. These accounts will be seeded with $250 each, and available for children who missed the eligibility cutoff for the $1,000 federally funded ‘Trump Accounts’ for babies born after […]

Economy

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

December 4, 2025

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion) deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada’s “ugly chic” aesthetic and Miu Miu’s youth-driven appeal. The highly anticipated deal is expected […]

Economy

Shopify says a daylong Cyber Monday outage has been resolved

December 4, 2025

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber Monday’ shopping day. Some merchants that use Shopify’s service to sell goods online said they experienced issues with checkouts through the company’s point-of-sale system. Businesses that run on Shopify also had […]

Economy

Apple’s AI chief abruptly steps down

December 3, 2025

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since 2018, where his official title was senior vice president for machine learning and AI strategy. He will be replaced by Amar Subramanya, who comes to Apple after a brief stint as […]

Economy

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 3, 2025

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily cut their hours, city officials announced Monday. The company will also pay $3.4 million in civil penalties under the agreement with the city’s Department of Consumer and Worker Protection. It also […]

Economy

Airbus says most of its recalled 6,000 A320 jets are now modified

December 2, 2025

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines long focused on rival Boeing. Dozens of airlines from Asia to the United States said they had carried out a snap software retrofit ordered by […]

Economy

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

November 29, 2025

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination follows a lawsuit filed in Michigan by former employee Robert Garza against Campbell’s, the company’s then-vice president of information technology Martin Bally and another manager. The complaint alleges retaliation and a hostile […]

Economy

Stock market sinks as AI and interest rate worries grip investors

November 24, 2025

What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of the artificial intelligence boom and trimmed hopes of support from the Federal Reserve. The tech-heavy Nasdaq fell 2%, and the broad S&P 500 index dropped by more than 1.5%. The Dow Jones Industrial […]

Economy

Bitcoin and other crypto assets sink in flight from risk

November 24, 2025

Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts faded. Bitcoin, the world’s largest cryptocurrency, fell 5.5% to a seven-month low of $81,668. Ether slid more than 6% to […]

Economy

U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

November 22, 2025

The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details of the report from the Bureau of Labor Statistics paint a more mixed picture, that of a labor market that has recently begun to look […]

Economy

Bargain hunters drive Walmart sales and outlook higher

November 22, 2025

Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity as a strictly down-market brick-and-mortar operation by growing its e-commerce business and increasing its market share of higher-income shoppers. Walmart’s […]

Browse category by Economy

Valentino, founder of Italian luxury empire, dies at 93

Saks files for bankruptcy as luxury market struggles

Warner Bros. Discovery rejects Paramount’s amended takeover offer

Trump Media to merge with nuclear fusion company

Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

Shopify says a daylong Cyber Monday outage has been resolved

Apple’s AI chief abruptly steps down

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Airbus says most of its recalled 6,000 A320 jets are now modified

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

Stock market sinks as AI and interest rate worries grip investors

Bitcoin and other crypto assets sink in flight from risk

U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

Bargain hunters drive Walmart sales and outlook higher

Latest Posts

Cyprium Metals Limited (ASX: CYM) – Trading Halt

Walker Lane Resources Ltd. Completes an Updated Mineral Resource and Plans in 2026 to Advance Exploration Efforts and a Preliminary Economic Assessment in its Silver Hart Project, Yukon, Canada

LAURION Strengthens its Technical Leadership at Ishkoday with Appointment of Pierre-Jean Lafleur, P.Eng., as Qualified Person

Popular Post

Cyprium Metals Limited (ASX: CYM) – Trading Halt

Notcoin Price Prediction as $1 Billion Trading Volume Sends NOT to New All-Time High – Time to Buy?

Ripple CEO Brad Garlinghouse Reveals XRP ETF is ‘Inevitable’ in US