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Saks Must Look Downmarket to Survive

Saks Must Look Downmarket to Survive
Saks ⁠Global, the iconic and now-bankrupt luxury retailer, may have to broaden its consumer base if it wants to survive in the increasingly fickle luxury retail world. Pictured: a man takes a photo in front of Saks Fifth Avenue on Black Friday in New York, Nov. 28, 2025. (Angelina Katsanis/AP)
Street Talk
Goldman Sachs, Morgan Stanley See Double-Digit Profit Gains
Goldman Sachs, Morgan Stanley See Double-Digit Profit Gains
A surging stock market and a flurry of deal making padded the profits of Wall Street's two big investment banks, which both saw a double-digit jump in profits in the fourth quarter.... [Full Story]
US, Taiwan Reach Deal to Cut Tariffs, Boost Chip Investment

US, Taiwan Reach Deal to Cut Tariffs, Boost Chip Investment

The United States said Thursday that it has signed a deal with [Full Story] | video
JPMorgan CEO Jamie Dimon Wants 5 More Years

JPMorgan CEO Jamie Dimon Wants 5 More Years

JPMorgan CEO Jamie ?Dimon wants to stay at his job "at least" five [Full Story]
Wall Street Closes Higher as Banks, Chips Rally

Wall Street Closes Higher as Banks, Chips Rally

U.S. stocks rose on Thursday after two days of declines as Morgan [Full Story]
Wright: US Gets 30% Higher Price for Venezuelan Oil

Wright: US Gets 30% Higher Price for Venezuelan Oil

Energy Secretary Chris Wright said on Thursday the U.S. is getting a [Full Story]
Lutnick: Taiwan Chip Deal Worth $500 Billion

Lutnick: Taiwan Chip Deal Worth $500 Billion

Under the terms of a new U.S. ?trade ?deal with Taiwan, ?companies [Full Story]
Peter Thiel Donates $3M to Fight Calif. Wealth Tax

Peter Thiel Donates $3M to Fight Calif. Wealth Tax

Peter Thiel, PayPal co-founder and Palantir chairman, has emerged as [Full Story]
To Survive, Saks Must Court the Less Well-Heeled

To Survive, Saks Must Court the Less Well-Heeled

Saks Global, the iconic and now-bankrupt luxury retailer, may have to [Full Story]
Verizon Outage Wasn't Caused by Cyberattack

Verizon Outage Wasn't Caused by Cyberattack

The hourslong Verizon outage that affected thousands of customers [Full Story]
TSMC to Expand Investment as Profit Jumps 35%

TSMC to Expand Investment as Profit Jumps 35%

Taiwan-based TSMC, the world's largest computer chipmaker, plans to [Full Story]
Melania Trump to Speak at Zoom's AI Event

Melania Trump to Speak at Zoom's AI Event

First lady Melania Trump will deliver opening remarks Friday at "Zoom [Full Story]
Ford, BYD in Talks for Hybrid Vehicle Battery Deal

Ford, BYD in Talks for Hybrid Vehicle Battery Deal

Ford is in discussions with BYD to purchase batteries for its hybrid [Full Story]
Californians Get New Data-Deletion Privacy Tool

Californians Get New Data-Deletion Privacy Tool

New year, new privacy rules. At least for Californians. Since Jan. 1, [Full Story]
US Import Prices Increase 0.4%

US Import Prices Increase 0.4%

U.S. import prices increased 0.4% over the two ?months from September [Full Story]
Meadows: Trump's Boom Coming When Rates Fall

Meadows: Trump's Boom Coming When Rates Fall

Mark Meadows told Newsmax on Wednesday that voters are about to feel [Full Story]
Wikipedia Inks AI Deals With Microsoft & Meta

Wikipedia Inks AI Deals With Microsoft & Meta

Wikipedia unveiled new business deals with a slew of artificial [Full Story]
Beyond Meat Rolls Out New Protein Drink

Beyond Meat Rolls Out New Protein Drink

Beyond Meat is moving beyond plant-based chicken and burgers and into [Full Story]
Homes Could Become Affordable in 20 Major Metros

Homes Could Become Affordable in 20 Major Metros

Homes are on track to become affordable in 20 of the nation's 50 [Full Story]
Unemployment Claims Fall as Layoffs Remain Low

Unemployment Claims Fall as Layoffs Remain Low

Fewer Americans applied for unemployment benefits last week as U.S. [Full Story]
Trump: Minneapolis Fraud 'Giant Democrat Scam'

Trump: Minneapolis Fraud 'Giant Democrat Scam'

President Donald Trump accused retailers in Minneapolis that accept [Full Story]
Wall Street Futures Rise as TSMC Sparks Chip Rally

Wall Street Futures Rise as TSMC Sparks Chip Rally

U.S. stock index futures ticked higher Thursday after TSMC delivered [Full Story]
Fed Gov. Criticizes Global Defense of Chair Powell

Fed Gov. Criticizes Global Defense of Chair Powell

Federal Reserve Governor Stephen Miran said Wednesday it was [Full Story]
Bill Would Create $2.5B Critical Minerals Stockpile

Bill Would Create $2.5B Critical Minerals Stockpile

A bipartisan group of U.S. lawmakers Thursday introduced a bill to [Full Story]
Airlines Continue to Avoid Iran and Iraq

Airlines Continue to Avoid Iran and Iraq

European airlines like Wizz Air, Lufthansa, and British Airways [Full Story]
More Street Talk
Insiders
Michael Busler
Michael Busler
Google, TikTok & Roblox: A Wake-Up Call for Parents
American parents are no longer grappling with a hypothetical issue. They are confronting a disturbing reality... [Full Story]
Lauren Fix
Lauren Fix
Gas Cars Are Back in the US and Europe
The Car Coach®
EV-only is collapsing.... [Full Story]
Thomas Kolbe
Thomas Kolbe
US Dramatically Reduces Trade Deficit
The U.S. economy managed to drastically reduce its trade deficit in October of last year.... [Full Story]
Peter Morici
Peter Morici
New Fed Chair May Not Grant Trump Lower Rates
Twitter @pmorici1
President Trump may be able to appoint a loyalist to chair the Federal Reserve Board, but that doesn't... [Full Story]
George Mentz
George Mentz
Nothing to See Here - The Stock Market Bubble Scam
A Stock Market Bubble Only Exists if the S&P 500 Hits 10,000 This Year.... [Full Story]
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