Saks Global files for bankruptcy after $2.7B Neiman Marcus acquisition deal
Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt from Neiman Marcus acquisition.
Read more …
Housing expert warns pre-pandemic affordability levels may never return in America
New data shows that housing market "normalization" may never happen, as one expert says America's housing affordability problem requires structural solutions.
Read more …
Trump administration greenlights Nvidia AI chip exports to China
The Trump administration greenlit Nvidia’s AI chip exports to China, a move the company says supports U.S. jobs, manufacturing and America’s leadership in artificial intelligence.
Read more …
