Customers shop at Walmart in Little Rock, Arkansas, Jan. 22, 2026.Will Newton | Getty ImagesInvestors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation.The consumer price index, a broad measure of goods and services costs across...
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Lunar New Year gives luxury brands a chance to win back big spenders in China
Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer...
Berkshire CEO Abel praises Kraft Heinz for turnaround on planned split
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Berkshire Hathaway's new CEO likes the surprise course reversal announced this week by the new CEO of Kraft Heinz.In the...
AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Mesh Cube | Istock | Getty ImagesThe stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish.Tens...
Consumer prices rose 2.4% annually in January, less than expected
The cost of goods and services rose at a slower annual rate than expected in January, providing hope that the nagging U.S. inflation problem could be starting to ease.The consumer price index for January accelerated 2.4% from the same time a year ago, down 0.3 percentage point from the prior...