Iraq, UAE, Kazakhstan, and Oman have presented updated compensation schedules to the OPEC Secretariat, with Kazakhstan facing the steepest cuts—exceeding half a million barrels per day—through mid-2026 to atone for previous quota breaches.
BYD's fifth consecutive month of declining sales underscores shifting dynamics in the electric vehicle sector, coinciding with Tesla's accelerating pivot toward robotics and autonomous mobility platforms.
Union Pacific is preparing a revised application for its proposed $85 billion merger with Norfolk Southern after regulators rejected the initial filing over competition and information concerns. The deal, which would create the first coast-to-coast freight railroad in the U.S., faces intense scrutiny over its potential impact on shipping costs, labor, and market competition.
The Adecco Group is making a strategic pivot into higher-margin HR and talent consulting through its LHH brand, a move analysts say could reshape its valuation narrative amid a challenging stock performance history.
A Nevada judge has barred prediction market platform Polymarket from operating in the state, leaning on recent federal rulings against similar platforms. The decision marks a significant setback for the company's regulated U.S. relaunch and underscores the ongoing legal tension between state gambling laws and federal commodities regulations.
Once-coveted items, from vintage vinyl to limited-edition toys, are now gathering dust in attics and failing to sell online as market saturation and shifting tastes redefine what's truly collectible.
Lean hog futures extended losses into Friday's session, pressured by a dip in the national cash market. Despite the weekly decline, a significant build in managed money net-long positions suggests some traders are betting on a near-term recovery as the calendar turns.
Live cattle futures closed mostly lower Friday, pressured by a key government report showing a slight decline in the national cattle inventory. While cash markets showed some resilience, the data points to ongoing tightness in beef supplies.
Life sciences firm Revvity (NYSE:RVTY) reported fourth-quarter revenue and profit that topped Wall Street forecasts, though analysts remain watchful of the company's ability to sustain momentum beyond recent quarters.
A new report reveals a strategic pivot in recruitment for 2026, emphasizing targeted hiring amidst operational challenges and major workforce reductions at companies like Amazon.
Finnish cargo handling giant Kalmar Oyj partners with Tata Consultancy Services to build an AI-powered digital core, aiming to boost operational efficiency and solidify its long-term service offerings in the global ports sector.
A new Penn State report uncovers that soaring iGaming revenues in Pennsylvania are driven disproportionately by a minority of big spenders, raising questions about industry sustainability and consumer protection.
Luxury retailer Saks Fifth Avenue is laying off 69 employees in New Jersey as it closes three discount outlets, part of a broader restructuring following its acquisition of Neiman Marcus and a pre-negotiated bankruptcy filing.
As sports betting handles hit record highs, data reveals a stark contrast: the average bettor consistently loses, while disciplined investing in instruments like index funds builds wealth over time.
A synchronized plunge in traditional safe havens and digital assets has erased over $10 trillion in value, signaling a broad market reassessment of Federal Reserve policy and global liquidity conditions.
A Utah couple with a $180,000 income sought advice on using a $7,300 bonus. Dave Ramsey's firm counsel: shore up emergency savings, attack their HELOC debt, and postpone both a long-awaited honeymoon and speculative IPO investing until their financial foundation is secure.
A new IAB initiative aims to overhaul fragmented marketing measurement with interoperable standards, as a report warns AI could entrench opaque decision-making despite promising billions in unlocked value.
Wells Fargo's board has approved a 28% compensation increase for CEO Charlie Scharf, bringing his total package to $40 million for the past year. The move comes as the bank, under Scharf's leadership since 2019, has recently shed major regulatory penalties stemming from its fake accounts scandal.
A new report from crypto market maker Wintermute Ventures forecasts a seismic shift, arguing that blockchain-based prediction markets will begin displacing traditional insurance by making hyper-specific risks tradable. The firm outlines a future where decentralized infrastructure becomes the new clearing layer for a programmable global economy.
While October's COLA announcement brings temporary relief, a growing body of evidence suggests the formula used to calculate Social Security adjustments fails to reflect the real-world expenses of retirees, creating a persistent and compounding budget gap.
