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Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal

Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a forecast from the International Energy Agency and awaited U.S. inventories data.

Surging diabetes rate underscores vast opportunity in weight-loss drugs

The number of adults diagnosed with diabetes has more than quadrupled since 1990 and now stands above 800 million, according to new data released in The Lancet on World Diabetes Day.

Trump’s ‘drill, baby, drill’ pledge may be a win-win for drivers and oil producers alike

President-elect Donald Trump’s pro-energy policies don’t seem all that supportive for the oil market — at first glance.

It’s not just election betting: Why one expert thinks prediction markets will become bigger than stocks

Event contracts give markets a way to price in an uncertain future, says Interactive Brokers founder Thomas Peterffy.

‘I’m 38 and completely broke’: I earn $50,000 a year. What professional degree will guarantee me six figures?

“I am willing to put in an extra 1 to 4 years of schooling and use student loans to pay for it.”

Foxconn reiterates forecasts after record profits

Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.

Singer Chynna Phillips says she’s living apart from husband Billy Baldwin—derailing plans to sell $3.9M Santa Barbara home

The couple are trying a new arrangement: each living in a different home to see if absence really does make the heart grow fonder.

ASML shares rise as chip-equipment maker confirms 2030 outlook

ASML Holding on Thursday reiterated its 2030 targets, a move that relieved investors after a profit warning last month.

Treasury yields hold near 4-month highs ahead of Powell speech

Bond yields were little changed as investors waited fresh comments from Federal Reserve Chair Jerome Powell

Republicans clinch control of House, setting stage for quicker action on extending tax cuts

Republicans are poised to keep their hold on the House in the new year, as the AP just called enough House races in their favor. Having scored a sweep in this month’s election, the party is expected to focus on the upcoming expiration of their 2017 tax cuts, along with other tax-policy priorities.

Dow shrugs off new inflation data. Bond yields suggest it’s ‘top of mind’ for 2025.

The U.S. election has sharpened investors’ focus on inflation as they weighed the latest CPI data.
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