U.S. car maker wins 2025 sales race with 2.8 million vehicles sold

Verizon has announced a reduction in the price of a significant customer perk as part of its strategy to attract and retain customers amid ongoing operational challenges. This decision comes in the wake of a substantial workforce reduction, with over 13,000 employees laid off, marking the company's largest job cut to date.

Costco has reaffirmed its commitment to maintaining competitive pricing across its product range, a strategy that resonates with consumers during challenging economic times. This promise is particularly significant as many shoppers are increasingly price-sensitive and seeking value in their purchases.

Oil futures have seen a modest increase as market attention shifts towards ongoing efforts for a peace agreement between Russia and Ukraine, alongside heightened U.S. actions against Venezuela. This context has contributed to a positive sentiment in oil trading, reflecting investor optimism amidst geopolitical tensions.

U.S. natural gas futures experienced a decline, settling lower after initially gaining in a volatile trading session. This fluctuation reflects ongoing uncertainty in the market, influenced by changing weather forecasts and demand expectations.

U.S. inflation slowed to 2.7% in November, as reported by the Consumer Price Index, although data collection issues related to a government shutdown have distorted the findings, raising concerns among economists about the accuracy of the report.

A retail CBD chain has announced the closure of all its locations due to ongoing legal uncertainties surrounding the sale of CBD and hemp products. This decision comes as retailers face challenges in navigating the evolving regulatory landscape, despite some federal guidance.

Lululemon is facing significant challenges as it attempts to address troubling customer behavior in its stores, which has raised concerns about the company's future performance. The retailer is grappling with declining sales and a shift in consumer expectations, exacerbated by rising operational costs and the growth of e-commerce.

American Airlines has announced the launch of 15 new summer routes connecting various U.S. cities, catering to the anticipated increase in travel as Americans plan vacations, particularly to European destinations. This move comes as airlines prepare for the upcoming travel season while current travelers focus on holiday plans.