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Exclusive: Cursor acquires code review startup Graphite as AI coding competition heats up - Fortune
By purchasing Graphite, Cursor, currently valued at $29 billion, gains more code review and debugging capabilities.

Federal Reserve Board requests public input on “payment account,” which eligible financial institutions could use for the limited purpose of clearing and settling their payments - Federal Reserve Board (.gov)
The Federal Reserve Board on Friday requested public input on a "payment account," which eligible financial institutions could use for the limited purpose of c

November home sales struggle as supply stalls - CNBC
Existing home sales edged slightly higher as prices continued to rise and supply dropped. The higher end of the market is performing better.

Stock Market Today: Dow Rises But Nike Plunges On Earnings (Live Coverage) - Investor's Business Daily
Stock Market Today: The Dow Jones index moved higher Friday but Nike stock plunged 11% on earnings results.
Nvidia Vs. Alphabet: Which Could Be The World's Biggest Company By End-2026? - Yahoo Finance
Nvidia Corp. (NASDAQ:NVDA) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) have quietly become the two most dominant forces inside the Magnificent Seven...

Seattle is the nation’s millennial capital; Gen Z, not so much - The Seattle Times
Market-research data shows around 32% of the Seattle area's adult population are millennials, the highest share among the largest metro areas, writes FYI Guy.

Oracle Stock Jumps On Reports TikTok Signed Deal To Create U.S. Joint Venture - Investor's Business Daily
Oracle reportedly will have a 15% stake in the new TikTok U.S. joint venture.

Warm weather and low snowpack bedevil Western ski resorts - ABC News
Lack of snow is causing problems for ski resorts and other businesses in the Western U.S. that rely on wintry conditions

Brazilian air taxi Eve completes first test flight - Financial Times
Manufacturer backed by planemaker Embraer aims for commercial service by end of 2027

Why homeownership in California isn’t nearly the financial slam dunk it once was - CalMatters
High prices, high interest rates and cooling rents: These days tenancy (versus owning a home) in California has its perks.

4 common scams to watch out for this holiday season - NPR
Don't get swindled while buying those last-minute gifts. Amy Nofziger, a fraud specialist with AARP, shares top schemes she's been seeing this season — and tips on how to protect yourself.

Point72 Makes Largest-Ever Bet on Its Star Trader’s Launch - Bloomberg.com
One of Point72 Asset Management’s star traders is leaving to launch his own hedge fund and has secured the largest initial backing the firm has ever granted to a departing trader.
Stock Market Today: Dow Rises; Japan Rate Hike Spurs Bond Yields — Live Updates - The Wall Street Journal

BioMarin to Acquire Amicus Therapeutics for $4.8 Billion, Expanding Position as a Leader in Rare Diseases, Accelerating Revenue Growth and Strengthening Financial Outlook - BioMarin Pharmaceutical
BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) and Amicus Therapeutics (Nasdaq: FOLD) announced today that BioMarin has entered into a definitive agreement to acquire Amicus for $14.50 per share in an all-cash transaction for a total equity value of approximatel…

UnitedHealth Group commits to improvements after independent audit, patient backlash - CNBC
The company said it has adopted 23 ongoing "action plans" to track and implement recommended improvements, all of which will be completed by the end of March.

Quad witching, Nike slides, weed rules and more in Morning Squawk - CNBC
Here are five key things investors need to know to start the trading day.

Retail sales fall as Black Friday deals fail to lure shoppers - BBC
Supermarket sales fell for the fourth month in a row, while discounts did not lift Black Friday spending in November, figures suggest.

Waller had a 'strong interview' for Fed chair with Trump as president appears to turn focus to job market - CNBC
The positive description of the Waller interview by officials was not necessarily an indication that he was a favorite candidate for the job.
Here’s why concerns about the wobble in stock-market darlings may be misplaced - MarketWatch
A more critical view of AI winners is sensible, says Nomura analyst

Inside Charlamagne Tha God's Business Empire—And His New $200 Million Contract - Forbes
Radio personality Charlamagne Tha God recently signed a $200 million deal with iHeartMedia. Now he has ambitious plans to turn his Black Effect network into the BET of podcasting.