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Embattled Target feeling heat from hedge fund investor following sales slump
Hedge fund Toms Capital Investment Management has made a significant investment in Target, the Financial Times reported.
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America’s richest tech titans reap $550 billion windfall from AI surge
The staggering total, up from $1.9 trillion at the start of the year, reflects Wall Street’s all-in bet on artificial intelligence.
Gold smashes past $4,500 as silver explodes above $75 in year-end rally
Gold surged past $4,500 an ounce — cementing its strongest annual performance since 1979. Silver surpassed the $75 threshold for the first time ever.
Ex-Malaysian PM sentenced to 15 years, hit with $2.8B fine in 1MDB scandal
The nation’s High Court found Najib, 72, guilty on four counts of abuse of power and 21 charges of money laundering.
Logan Paul to auction $5.3M Pokémon card — as he urges investing in collectibles over stock market
“It’s the rarest and most valuable Pokémon card in the world. Pokémon as an asset class has outperformed the stock market by upwards of 3,000% in the last 20 years.”
Boss hands workers $240M in bonuses after selling his company for $1.7B
Graham Walker said he would not agree to sell his company if buyer did not earmark 15% of the proceeds to employees.
Sale of Warner Bros. Discovery heats up as Ellisons weigh ‘DefCon 1’ litigation over selection of Netflix bid
The Ellisons and RedBird, run by savvy media dealmaker Gerry Cardinale, are mulling something known internally as “DefCon 1.”
Fine wine prices slide for third year in a row as tariffs and stocks sap demand
Wine prices have fallen 2.8% this year through the end of November on Liv-ex’s Fine Wine 100 index.
More allegations surface against Saks ‘Fashion Whisperer’ accused of stealing merch
Suhail Kwatra, self-styled “Fashion Whisperer of Boston,” accused by the son of Wendy Appel of abusing his position as her trusted personal shopper.
$400K shipment of live lobsters hijacked on way to Costco in possible ring of thieves
A $400,000 shipment of lobsters headed for Costco locations in Illinois and Minnesota was hijacked before arriving at its delivery points.
Amazon Prime slammed for streaming ‘It’s a Wonderful Life’ with key scene cut out
Viewers say the abridged cut — roughly 22 minutes shorter than the original 130-minute film — removes the iconic “Pottersville” sequence.
What student borrowers need to know as Trump admin readies to seize wages for defaulted loans
By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ever going to court.
Bari Weiss defends pulling ’60 Minutes’ Salvadoran prison segment in Christmas memo to staff
The Post obtained a copy of the holiday email, which was co-signed by CBS News President Tom Cibrowski and two of Weiss’s newly installed deputies.
Jack in the Box shut down more than 70 stores, expecting more to close amid financial struggle
Jack in the Box plans to close dozens of restaurants by the end of the year in an effort to cut costs and boost revenue.
Returning a holiday gift? Big retail stores will now charge you for that — as much as $45
Hassle-free returns might be a thing of the past.
Nvidia expands AI empire with Groq licensing deal, poaching startup’s top execs
Groq more than doubled its valuation to $6.9 billion, from $2.8 billion in August last year, following a $750 million funding round in September.
Waymo rolls out software update after blackout stranded robotaxis across San Francisco
Waymo said it proactively paused operations Saturday evening as the outage intensified.
Retirement accounts roared back in 2025 after punishing losses during Biden years: study
Retirement accounts clawed back much of what was lost while highlighting how deeply policy shifts can hit workers’ savings.
Dow, S&P 500 close at record highs in holiday-shortened trading session
Indexes have been climbing in recent days, buoyed in part by a rebound in AI-related names after last week’s selloff that was triggered by concerns about inflated valuations and high capital expenditures denting profits.
Tesla Model 3 sedans face federal investigation over possible door release defects
The investigation was opened on Tuesday after the agency received a defect petition alleging that the vehicles’ mechanical door release is hidden, unlabeled and not intuitive to locate during emergencies.
Ex-WSJ reporter who exposed Theranos fraud sues AI giants over alleged book piracy
John Carreyrou sued six major AI companies in California federal court, alleging they illegally used copyrighted books to train their AI systems.
