California Wealth Tax

Business

Giverny Capital Exits Longtime Stake in CarMax, Shifts Focus Amid Market's AI Frenzy

Investment firm Giverny Capital has sold its entire position in used-car retailer CarMax, a holding of several years, as detailed in its Q4 2025 investor letter. The move highlights a strategic pivot away from traditional retail plays towards perceived higher-growth opportunities in technology, even as the firm's portfolio underperformed major indices last quarter.

Jan 30, 2026

Business

Royal Baby Shoe Maker Early Days Faces Closure After 73 Years, Citing Economic Squeeze

The Leicester-based manufacturer behind the iconic baby shoes worn by Prince George and his siblings warns it is likely to shut down, a victim of soaring costs and plummeting consumer demand despite its royal endorsement.

Jan 30, 2026

Business

Thomson Reuters Doubles Down on AI as CIBC Maintains Bullish Stance Despite Price Target Trim

CIBC reaffirms its Outperform rating on Thomson Reuters (TRI) as the information giant accelerates its strategic push into AI-driven compliance and legal tools, launching new products in the US and UK markets.

Jan 30, 2026

World

Internal Rifts and Emigration Threaten Israel's Long-Term Stability, Analysts Warn

A combination of deep political polarization, economic pressures, and a growing brain drain is challenging Israel's viability as a secure and prosperous state, according to experts within and outside the country.

Jan 30, 2026

Business

Cuban's Crypto Bet: Bitcoin vs. Gold in the Ultimate Stress Test

Billionaire Mark Cuban champions Bitcoin's digital utility over gold's physical heft for crisis scenarios, but institutional flows and central bank demand tell a different story, highlighting a deepening divide in safe-haven strategies.

Jan 30, 2026

Business

Beyond the Blueprint: Why Corporate America Must Lead the AI Workforce Revolution

The Trump administration's AI Action Plan sets a strategic direction, but analysts argue its success hinges on aggressive private sector investment in workforce training to avoid leaving millions of workers behind in the coming technological shift.

Jan 30, 2026

Business

U.S. Producer Prices Surge in December, Fueled by Rising Service Costs

U.S. producer prices rose more than anticipated in December, driven primarily by increasing costs in the services sector. The data suggests businesses are beginning to pass on tariff-related expenses to consumers, potentially signaling a reacceleration of inflationary pressures.

Jan 30, 2026

World

Rare earth power: can Europe ever escape its dependency on China?

Europe relies on China for the rare earth elements essential in transition technologies, but it's making a late bid to end dependency.

Jan 30, 2026

Business

Deutsche Bank Posts Record Profit Amid Broad-Based Growth, Shadowed by Fresh Legal Scrutiny

Deutsche Bank's 2025 net profit nearly doubled to €7.1bn, fueled by revenue gains and cost cuts across all divisions, even as German prosecutors launch a money-laundering investigation linked to the lender.

Jan 30, 2026

Business

Precious Metals Rally Stalls: Gold Plunges to $5,100, Silver Tumbles 13% in Sharp Reversal

A blistering rally in gold and silver came to an abrupt halt Friday, with prices tumbling sharply as market volatility surged and analysts warned the historic run may be entering a precarious phase.

Jan 30, 2026

Business

Coca-Cola: A Dividend King Trading at a Rare Fair Value Amid Market Shifts

With consumer staples out of favor and a yield surpassing the S&P 500, Coca-Cola's resilient business and decades of dividend growth present a compelling case for long-term investors.

Jan 30, 2026

World

TotalEnergies to Resume $20 Billion Mozambique LNG Project as Security Improves

After a three-year suspension due to insurgent violence, TotalEnergies and Mozambique have agreed to restart one of Africa's largest natural gas developments, raising hopes for economic transformation amid lingering risks.

Jan 30, 2026

Business

Dollar Tree's Stock Rollercoaster: Is the Discount Retailer a Bargain After Recent Volatility?

Dollar Tree shares have experienced notable turbulence, with a sharp weekly drop contrasting a strong yearly performance. This analysis delves into the conflicting valuation signals and the macroeconomic pressures shaping the discount retailer's investment narrative.

Jan 30, 2026

Business

Strategic Shift: Australian Laser Weapons Pioneer EOS Poised for European Relocation Amid Defence Spending Surge

Electro Optic Systems (EOS), the Australian firm behind a landmark high-energy laser contract, is planning a strategic move of its headquarters and listing to Europe within the year, its CEO reveals, aiming to embed itself at the heart of the continent's urgent defence modernisation drive.

Jan 30, 2026

Business

Cathie Wood Sees Buying Opportunity in Market Dip, Adds to Stakes in Joby, Kodiak AI, and CRISPR

ARK Invest's founder capitalized on recent market weakness to increase holdings in three of her flagship disruptive innovation picks, signaling continued conviction despite sector volatility.

Jan 30, 2026

Business

American Express Posts Solid Growth but Falls Short of Revenue Forecasts in Q4 2025

American Express reported a 10.6% year-over-year revenue increase to $17.57 billion for the fourth quarter of 2025, yet missed Wall Street's sales expectations. Earnings per share of $3.53 met analyst consensus estimates.

Jan 30, 2026

World

UK-China Trade Breakthrough: Scotch Whisky Tariffs Halved as New Deal Takes Effect

A landmark trade agreement secured during Prime Minister Keir Starmer's visit to Beijing will see Chinese import duties on Scotch whisky cut from 10% to 5%, effective immediately. The move, hailed by industry leaders, is projected to inject £250 million into the UK economy and boost competitiveness in a key growth market.

Jan 30, 2026

Business

ChatGPT's Million-Dollar Question: Could $1,000 in 2015 Stocks Make You a Millionaire Today?

We put the AI chatbot to the test, asking if a savvy $1,000 investment in 2015 could have grown to $1 million by 2025. The answer reveals the extreme rarity of such returns in mainstream markets and highlights the stark difference between hindsight and feasible strategy.

Jan 30, 2026

Business

AutoZone Insiders Cash Out $15 Million in Shares, Raising Questions on Corporate Outlook

A wave of insider selling at AutoZone over the past year, totaling $15 million, has drawn investor scrutiny. While the transactions occurred near current share prices, the scale of divestment compared to minimal buying prompts a closer look at the auto parts retailer's prospects.

Jan 30, 2026

Business

Trump's Proposed 10% Credit Card Rate Cap: Short-Term Relief or Long-Term Risk?

A campaign-trail proposal to temporarily cap credit card interest at 10% could offer significant savings for millions of borrowers, but experts warn of potential unintended consequences for credit access and long-term financial health.

Jan 30, 2026