News Summary

• MasterCard Spending Pulse estimated retail sales rose 4.1% to a new record on Black Friday.
• Salesforce found strong online growth in dollar terms and forecasts for the same trends on Cyber Monday.
• Costco is the latest and one of the largest retailers to sue the Trump administration over its tariffs.
• Disney’s hunt for a successor to CEO Bob Iger is nearing its end with the entertainment giant poised to announce its next chief executive in early 2026.
• The value of Bitcoin fell 6% on Monday (before recovering somewhat), its biggest drop since March.