The national average for regular gas fell below $4 a gallon Tuesday for the first time in three months, to $3.98, down 38 cents in a month, according to AAA. Housing costs drove about a third of October's 0.4% rise in consumer prices, and groceries also climbed sharply.
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Short seller Culper Research flagged Nvidia CEO Jensen Huang's "uncomfortably close relationship" with Megaspeed's Alice Huang in a May report, months before the affair was revealed. The report also alleged Singapore-based Megaspeed was financed by Alibaba through shell companies.
Fast Company looks at "key person risk" as Nvidia faces a scandal over CEO Jensen Huang's admitted affair with a suspected Chinese spy. The company has launched an independent investigation, and the episode raises questions about how dependent firms are on a single powerful leader.
Fossil Group returned to profit and sales growth in its fiscal third quarter, with operating income of $25.3 million versus a $21.7 million loss a year ago and net sales up 0.4% to $271.2 million. CEO Franco Fogliato told CNBC the turnaround is ahead of plan thanks to tighter full-price selling and cost control.
The SEC filed 348 enforcement actions in fiscal 2026, including 235 standalone cases, and two-thirds of standalone cases charged at least one individual. It won $1.095 billion in monetary relief and returned about $731 million to more than 250,000 harmed investors.
