Day: December 11, 2025
S&P, Dow futures are higher after indexes notch record closes: Live updates
Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images Futures tied to Dow Jones Industrial Average and S&P 500 were higher Thursday night after strong gains in value areas of the market pushed both indexes to fresh records. Dow futures added 112 points, […]
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Costco tops Wall Street’s sales and revenue expectations
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations and posted year-over-year sales growth of 8.2% as the retailer attracted more digital sales and opened new locations. The warehouse club does not share a […]
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House passes INVEST Act to ease investment standards and boost capital in markets
The U.S. Capitol dome is illuminated as the House of Representatives returns to Washington to vote to reopen the government Wednesday, Nov. 12, 2025. Bill Clark | CQ-Roll Call, Inc. | Getty Images Private markets could get an influx of capital and investors under legislation approved by the House on Thursday The package of capital-formation […]
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Lululemon CEO Calvin McDonald to depart in January as retailer struggles to compete, woo shoppers
Calvin McDonald, CEO of lululemon athletica inc., is interviewed by CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2023. Brendan Mcdermid | Reuters Lululemon announced Thursday its CEO Calvin McDonald will step down effective Jan. 31 following more than a year of underperformance at the […]
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Fed votes to reappoint all of its regional bank presidents
Key Points The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at the central bank in a move that came a bit earlier than usual. There had been some speculation about whether President Donald Trump, a fierce Fed critic, would seek to exert more control over the rate-setting […]
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Indiana Senate rejects redistricting bill that Trump demanded
State Senators listen to testimony at the Indiana Statehouse in Indianapolis, Indiana, US, on Monday, Dec. 8, 2025. Kaiti Sullivan | Bloomberg | Getty Images The Indiana Senate on Thursday voted down a Republican bill to redistrict congressional districts, in a major blow to President Donald Trump. Trump had successfully pushed partisan gerrymanders in statehouses […]
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Palantir sues former employees, says Percepta AI CEO set out to ‘pillage’ top developers
Palantir Technologies CEO Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania, July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir expanded its lawsuit against two former employees on Thursday to include the CEO of their new artificial intelligence startup, Percepta AI. In […]
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DOJ fails again to get grand jury to indict New York AG Letitia James, a Trump target: Reports
New York Attorney General Letitia James speaks to the media, after she attended a hearing and pleaded not guilty to charges that she defrauded her mortgage lender, outside the U.S. District Court for the Eastern District of Virginia, in Norfolk, Virginia, U.S., Oct. 24, 2025. Jonathan Ernst | Reuters Federal prosecutors on Thursday again failed […]
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Trump pushes for top prosecutor nominee Halligan after judge tosses Comey, James cases
Lindsey Halligan, outside of the White House, Aug. 20, 2025, in Washington. Jacquelyn Martin | AP President Donald Trump is pressing to get Lindsey Halligan confirmed as U.S. attorney for the Eastern District of Virginia, weeks after criminal cases against his foes James Comey and Letitia James were dismissed because of Halligan’s involvement in their […]
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Trump ‘sells out’ U.S. national security with Nvidia chip sales to China, Sen. Warren says
Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump’s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025. Annabelle Gordon | Reuters President Donald Trump’s decision to let Nvidia […]
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