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Exclusive: Cursor acquires code review startup Graphite as AI coding competition heats up - Fortune
business

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.

FortuneBeatrice Nolan
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)
business

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

Federalreserve.gov
November home sales struggle as supply stalls - CNBC
business

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.

CNBCDiana Olick
Stock Market Today: Dow Rises But Nike Plunges On Earnings (Live Coverage) - Investor's Business Daily
business

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.

Investor's Business Daily
Nvidia Vs. Alphabet: Which Could Be The World's Biggest Company By End-2026? - Yahoo Finance
business

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...

Yahoo EntertainmentPiero Cingari
Seattle is the nation’s millennial capital; Gen Z, not so much - The Seattle Times
business

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.

The Seattle TimesGene Balk / FYI Guy
Oracle Stock Jumps On Reports TikTok Signed Deal To Create U.S. Joint Venture - Investor's Business Daily
business

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.

Investor's Business Daily
Warm weather and low snowpack bedevil Western ski resorts - ABC News
business

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

ABC NewsMEAD GRUVER Associated Press, BRITTANY PETERSON Associated Press
Brazilian air taxi Eve completes first test flight - Financial Times
business

Brazilian air taxi Eve completes first test flight - Financial Times

Manufacturer backed by planemaker Embraer aims for commercial service by end of 2027

Financial TimesSylvia Pfeifer, Michael Pooler
Why homeownership in California isn’t nearly the financial slam dunk it once was - CalMatters
business

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.

CALmattersBen Christopher
4 common scams to watch out for this holiday season - NPR
business

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.

NPR
Point72 Makes Largest-Ever Bet on Its Star Trader’s Launch - Bloomberg.com
business

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.

BloombergHema Parmar
business

Stock Market Today: Dow Rises; Japan Rate Hike Spurs Bond Yields — Live Updates - The Wall Street Journal

The Wall Street JournalThe 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
business

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…

Biomarin.com
UnitedHealth Group commits to improvements after independent audit, patient backlash - CNBC
business

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.

CNBCAnnika Kim Constantino
Quad witching, Nike slides, weed rules and more in Morning Squawk - CNBC
business

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.

CNBCLeslie Josephs
Retail sales fall as Black Friday deals fail to lure shoppers - BBC
business

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.

BBC News
Waller had a 'strong interview' for Fed chair with Trump as president appears to turn focus to job market - CNBC
business

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.

CNBCSteve Liesman
Here’s why concerns about the wobble in stock-market darlings may be misplaced - MarketWatch
business

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

MarketWatchJamie Chisholm
Inside Charlamagne Tha God's Business Empire—And His New $200 Million Contract - Forbes
business

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.

ForbesJabari Young