If you share these concerns, now may be a good time to start preparing.And Wright isn’t the only one sounding alarms. “Rich Dad, Poor Dad” author Robert Kiyosaki has also warned that the “biggest crash in history” is beginning — adding that “residential real estate crashes” in this scenario as well.When asked how far prices would need to fall to restore balance, Wright didn’t mince words: “It's going to be near your 50% — and much greater in certain areas.”“I think we're going to correct all the way to a po ...

OpenAI is in talks with Amazon for a $10 billion investment from the e-commerce giant, according to a new report, in a deal that could also let the ChatGPT maker use Amazon's AI chips. Reuters, citing an unnamed source familiar with the matter, reports that the funding deal is not yet finalized and discussions remain fluid, but that it would value OpenAI at about $500 billion. OpenAI completed a restructuring in October that was designed to give it more freedom to pursue deals like this to raise capital ...

Market Overview - The S&P 500 experienced its third consecutive day of losses, influenced by recent jobs data indicating low hiring and firing rates, which did not significantly alter expectations for a potential interest rate cut in January [1][5]. Tesla - Tesla's shares rose by 3%, achieving new intraday and closing highs, driven by optimism surrounding the company's robotaxi initiatives [2][3]. - Year-to-date, Tesla's stock has increased by 21%, recovering from a 36% decline in the first quarter, following CEO Elon Musk's announcement of testing driverless vehicles in Austin [3]. - However, Tesla faces challenges as a California judge ruled its marketing of "Autopilot" and "Full Self-Driving" features as deceptive, with a 60-day deadline to address the issues or risk a sales license suspension [4]. Warner Bros. Discovery - The board of Warner Bros. Discovery unanimously advised shareholders to reject Paramount Skydance's takeover bid, labeling the offer as "inadequate" [4]. - Paramount's hostile bid followed Netflix's announcement of a $72 billion deal for Warner Bros. Discovery's film and streaming assets, which was characterized by a compelling cash offer and high termination fee [4][6]. Affordable Care Act - The U.S. House Speaker announced that there would be no vote on extending enhanced Affordable Care Act tax credits this week, likely leading to the expiration of these subsidies at year-end [7][8]. - Approximately 22 million Americans benefit from these enhanced subsidies, and their expiration could result in average premium increases of over 100% next year [8]. Apple - Apple has plans to launch an upgraded version of its AI voice assistant, Siri, in 2026, after delaying the original release scheduled for 2025 [10][11]. - This upgrade is viewed as a strategic move for Apple to compete with other major players in the AI space, such as OpenAI and Google [11]. Luxury Market - Auction prices for iconic Birkin and Kelly bags are declining, attributed to reduced demand from aspirational luxury consumers facing inflation and a slowing labor market, alongside an increase in secondhand Birkins available [12].

Core Insights - Jabil forecasts annual revenue and profit exceeding Wall Street estimates, driven by demand for data centers fueled by artificial intelligence [1] Group 1: Company Performance - Jabil anticipates strong financial performance, with revenue and profit projections above market expectations [1] Group 2: Market Trends - The company aims to leverage the increasing demand for electronic components in data centers, particularly due to the rise of artificial intelligence applications [1]

NORTH CANTON, Ohio, Dec. 17, 2025 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Moody's Ratings (Moody's) upgraded the credit ratings of Diebold Nixdorf, Incorporated, to B1 from B2 with a stable outlook. According to Moody's, the upgrade reflects the company's improved leverage, strengthened liquidity position and consistent positive free cash flow in 2025. Moody's also recognized Diebold Nixdorf's leading market share in the ...

Core Insights - The French Foie Gras and Poultry Association (CIFOG) and the French Livestock and Meat Industry Association conducted a field investigation in Linqu County, Weifang City, focusing on various aspects of the goose industry, including breeding, production, processing, and export systems [1][2]. Industry Overview - The Landes goose, originating from southwestern France, has developed an industrial cluster in East China with an annual output value of 8 billion yuan [2]. - Linqu County has established a "company + cooperative + base + farmer" development model, leading to over 90% of its goose industry entities achieving modernized management and operation [3]. - The county has built a fully integrated industrial chain over four decades, covering breeding, farming, fattening, processing, and sales, with an annual foie gras output exceeding 5,000 metric tons [3]. Market Expansion - Linqu foie gras not only supplies major cities in China but is also exported to international markets, including Japan and the EU, showcasing the successful global expansion of a local specialty industry [4].

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Federal Deposit Insurance Corp. on Tuesday gave conditional approval for Erebor Bank, backed by billionaire investor Peter Thiel, to receive deposit insurance coverage. The green light marks another hurdle crossed on the crypto-focused lender’s journey to opening. The Office of the Comptroller of the Currency conditionally approved the Columbus, Ohio-based compa ...

Riverwater Partners, an investment management company, released its “Micro Opportunities Strategy” Q3 2025 investor letter. A copy of the letter can be downloaded here. The strategy reported solid absolute returns in the quarter but lagged the benchmark as it did not keep pace with the strong rally. The strategy continues to focus on quality companies in the volatile environment. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025. In its third-quarter 2025 investor ...

The crypto market is up today, but the change at the time of the writing is so low that the market is unchanged. The cryptocurrency market capitalisation increased by just 0.1%. It now stands at $3.03 trillion. Also, 75 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $108 billion. TLDR: Crypto market cap is largely unchanged on Wednesday morning (UTC); 75 of the top 100 coins and 4 of the top 10 coins have gone up today; BTC increased by 0 ...

More than 1 in 5 women have no cash savings at all — and even those who do may not have enough. A recent Fidelity study found that women have an average of $54,000 saved, compared to $62,000 for men. But with rising costs, economic uncertainty and the gender pay gap, that cushion might not go as far as you think. Read Next: 6 Things You Must Do When Your Savings Reach $50,000 Be Aware: 4 Surprising Things That Could Impact Your Wallet If a Recession Hits In this “Financially Savvy Female” column, we’re c ...