Milan Fashion Week may be over, but the internet is still buzzing with the looks served – both on and off the runway. Among the who’s who of the fashion world, one newly emerged “It” girl stole the spotlight at the Gucci spring/summer 2026 show – Tish Weinstock. The socialite and beauty editor turned heads…
Past shutdowns have had minimal effect on the stock market or on the economy, and the bet on Wall Street is that something similar will happen again. Many professional investors expect the market to climb still more, even after a 35% surge from its low in April. That’s not to say there aren’t risks. Much…
NEW YORK (AP) — If the U.S. government’s latest shutdown can’t stop the stock market, what can? Stock prices keep rising, even as the shutdown delays important economic reports that usually steer trading. The S&P 500 and Dow Jones Industrial Average set all-time highs Friday. It’s not just Big Tech driving the market, which has…
A relentless bull market could show some wear in the coming weeks, with investors flying blind the longer the government remains in a shutdown. Stocks are at all-time highs, with tech names in particular rallying even in the absence of any government data. On Friday, each of the major averages registered a winning week, with…
Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble—but Amazon’s founder sees upside. Recently, many AI-related companies have seen voracious optimism and spikes in valuations. In August, the OpenAI CEO told reporters the AI market was in a bubble. When bubbles happen, “smart people get overexcited about a kernel of truth,” Altman…
REUTERS/BRENDAN MCDERMID/FILE PHOTO Traders work on the floor as screens display the logo for Chevron Corp. at the New York Stock Exchange in New York City, in October 2023. The S&P 500 eked out a record closing high in a volatile session today, with interest rate-cut expectations holding up as the U.S. government shutdown went…
With federal tax credits for new and used electric vehicles having expired Sept. 30, officials in Colorado have stepped in to fill the gap by increasing state rebates for EVs, according to Denver7, a local ABC affiliate. “The market has made it clear, EVs are here to stay,” said Jared Polis, the Colorado governor, according…
CNBC’s Jim Cramer on Friday explained why he thinks there could be an opportunity to buy DraftKings following the stock’s recent losses, saying competition from online prediction markets isn’t a major threat to business. “I’m not backing away from this stock. I think the prediction market fears are overblown here, so if you don’t already…
NEW YORK (AP) — U.S. stocks are heading for another weekly gain and hanging near the records they set a day earlier. The S&P 500 was up 0.1% and is heading toward the close of its seventh winning week in the last nine. The Dow Jones Industrial Average added 298 points, or 0.7%, as of…
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland / CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase…