Higher costs weigh on Americans’ holiday shopping plans: CNBC survey

Higher costs weigh on Americans’ holiday shopping plans: CNBC survey

People shop in Macy’s Herald Square ahead of Black Friday and Christmas in New York City, U.S., Nov. 24, 2025. Kylie Cooper | Reuters As many Americans continue to feel pinched by an uneven economy, new data highlight the toll of higher costs on planned shopping habits this holiday season.  Nearly 80 percent of Americans…

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Wall Street sees a bright 2026 for this beat-up dividend-paying stock

Wall Street sees a bright 2026 for this beat-up dividend-paying stock

The real estate sector is limping out of 2025, but Wall Street analysts spot an overlooked opportunity for the new year: Federal Realty Investment Trust . While the S & P 500 is on track for a 17% jump in 2025, the real estate sector within the broad market index is on pace to end…

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Art Basel Miami sees strong attendance, sales

Art Basel Miami sees strong attendance, sales

Art Basel Miami Beach racked up strong sales and attendance last week, as the art market rode a wave of renewed confidence following the strong November auctions in New York. More than 80,000 collectors and art fans poured into the Miami Convention Center for the annual art show, with several works selling for over $1…

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Economist Mark Zandi sees the Fed surprising with three rate cuts in first half of 2026

Economist Mark Zandi sees the Fed surprising with three rate cuts in first half of 2026

Labor market weakness, uncertainty about inflation and political pressure will push the Federal Reserve to lower interest rates aggressively in the early part of 2026, according to Mark Zandi, chief economist at Moody’s Analytics. Though markets and Fed officials themselves see only modest easing in the year ahead, Zandi expects the central bank to enact…

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2025 restaurant closures: Starbucks, Wendy’s shutter locations

2025 restaurant closures: Starbucks, Wendy’s shutter locations

As the restaurant industry endured another difficult year, many chains opted to close underperforming locations as they try to turn around their businesses. Inflation-weary consumers have pulled back their restaurant spending, choosing to eat at home or chasing deals when they go out for a meal. While some restaurants have won over reluctant diners, the…

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CBAM impact: Carbon cost hits Indian steel and aluminium exports from Jan 1, here’s what GTRI report says

CBAM impact: Carbon cost hits Indian steel and aluminium exports from Jan 1, here’s what GTRI report says

👉 Visit the Official SleepLean Website Indian steel and aluminium exports to the European Union will face a carbon-linked cost from January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) moves from the reporting phase to its payment-linked stage, according to a report by the Global Trade Research Initiative (GTRI).Although the CBAM levy…

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Centre’s allocations for justice-related schemes fluctuate

Centre’s allocations for justice-related schemes fluctuate

Only a fraction of the envisaged allocations was actually spent on justice-related schemes The Central government has consistently reduced budget allocations to certain justice-related schemes and projects since 2019, shows the recently released India Justice Report 2025-26. Data also show that not only have allocations reduced, but also, only a fraction of the envisaged allocations…

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Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

The rupee slumped 5% in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, made it one of the worst-performing Asian currencies. On the last trading session of 2025, the rupee depreciated 13 paise to close at 89.88 (provisional) against the U.S. dollar as month-end demand and FPIs’ dollar buying…

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Centre’s fiscal deficit 62% of full year’s target by end-November, higher than last year

Centre’s fiscal deficit 62% of full year’s target by end-November, higher than last year

On the revenue front, total tax revenue stood at ₹13.9 lakh crore at the end of November 2025, 3.4% lower than in the same period of 2024-25. Non-tax revenue, however, was almost 21% higher during the same period. | Photo Credit: Reuters The Centre’s fiscal deficit at the end of November 2025 stood at ₹9.77…

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U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026, sources say

U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026, sources say

The approval is a temporary relief for the South Korean firms and follows a U.S. decision earlier this year to revoke license waivers given to ​some tech companies [File] | Photo Credit: REUTERS The U.S. ‍government has granted an annual license to Samsung ​Electronics and SK Hynix to bring in chip ‌manufacturing equipment to their…

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