Credit Scores Crash, Coffee Tariffs Spike, Uber Bulk Rides, Disney+ Hike, Alibaba AI Boom, Spirit Layoffs, Tom Brady’s Robot3555555 Move, Boeing-China Deal
Description
American credit scores are falling for the first time since 2009 as delinquencies surge, especially among Gen Z and student loan borrowers. Coffee lovers are paying the price of tariffs, with beans hitting record highs and Congress floating a “No Coffee Tax Act.” Uber is testing bulk ride passes and cheaper meal deals as users push back on rising costs, while Disney+ is hiking prices yet again, raising premium plans nearly 20%. In China, Alibaba stock jumped 8% on news it’s cranking up AI spending well beyond its original $53 billion plan. Back home, Spirit Airlines announced nearly 1,800 layoffs before the holiday travel rush, a sign of deep financial trouble. Tom Brady is reinventing himself again, this time as chief innovation officer for a robot massage company. And finally, Boeing could score a massive order from China worth up to 500 planes, potentially easing years of tension between the two countries.
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