Pending home sales drop sharply in December, dampening 2026 outlook
There were just 1.18 million homes on the market in December, down 9% from November, and matching the lowest inventory…
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Amazon launches AI health-care tool for One Medical members
The service uses large language models and references patients medical records to answer questions, manage medications…
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Bank of America tops estimates on better-than-expected net interest income, equities trading
Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tail winds.
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Russia watches as ally Iran edges closer to collapse. Here's why it matters for Moscow
The prospect of another ally falling in the Middle East will be a worrying one for Moscow, particularly after it has…
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Citigroup tops estimates on stronger net interest income, smaller loan loss provision
Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
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Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection
Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of…
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Airbnb poaches former Meta GenAI leader to be new technology chief
The new appointment comes amid Airbnb's massive app redesign, which added catering and personal training.
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Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data…
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