A corduroy Ralph Lauren letter jacket at the brand’s store in Singapore retails for around $900 Singapore dollars ($693). But a vanilla latte in its cafe? A comparative steal at SG$9. From Ralph Lauren to Coach, Louis Vuitton, Dior and Prada, clothing and luxury brands are opening stores in Asia Continue Reading
As secondhand luxury soars, authentication becomes a new gold standard
As the global market for secondhand luxury items surges, authentication has become the defining factor separating credible platforms from the rest. The resale market for fashion and luxury items is expanding at an annual rate of 10%, three times faster than the firsthand market, according to a report released Oct. Continue Reading
JPMorgan Chase wins fight with fintech firms over fees
An exterior view of the new JPMorgan Chase global headquarters building at 270 Park Avenue on Nov. 13, 2025 in New York City. Angela Weiss | AFP | Getty Images JPMorgan Chase has secured deals ensuring it will get paid by the fintech firms responsible for nearly all the data Continue Reading
Hot tech stock ETFs are sitting on big gains. Is it time to sell?
Artificial intelligence has become one of the biggest investment stories in the market, helping drive a surge of assets into thematic exchange-traded funds that let retail investors bet on major technology trends. But experts warn that these funds can fall as quickly as they rise. It’s a simple yet important Continue Reading
Stocks making the biggest moves midday: WHR, MODG, NVDA, STUB
Check out the companies making the biggest moves midday: Scholar Rock — The Cambridge, Massachusetts-based biotech jumped 23% after saying it ” completed constructive and collaborative in-person Type A meeting ” with the FDA on Wednesday for a biologics license application for apitegromab, a spinal muscular atrophy treatment. Officials from Continue Reading
Warren Buffett’s Berkshire Hathaway reveals new position in Alphabet
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway revealed a new position in Alphabet, making the Google parent the conglomerate’s 10th largest equity holding at the end of September, according to a regulatory filing. Berkshire disclosed Continue Reading
AI-electric appeal for underperforming infrastructure: ETF experts
Industrial and infrastructure stocks may soon share the spotlight with the artificial intelligence trade. According to ETF Action’s Mike Atkins, there’s a bullish setup taking shape due to both policy and consumer trends. His prediction comes during a volatile month for Big Tech and AI stocks. “You’re seeing kind of the old-school infrastructure, industrial Continue Reading
Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan
Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president of Alibaba.com told CNBC the company would work with JPMorgan, which has its own tokenization technology. The cross-border e-commerce unit also launched new AI features to help connect suppliers and buyers Continue Reading
Consumers flash holiday warning signs
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may Continue Reading
Walmart CEO Doug McMillon to retire in January
Walmart CEO Doug McMillon is retiring early next year, after overseeing the top U.S. retailer’s transformation into an e-commerce behemoth, the company said Friday in a filing. The longtime CEO will be succeeded by John Furner, the Walmart U.S. CEO, on Feb. 1, according to the filing. McMillon, who stepped Continue Reading