Stock

Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO Carlos Tavares said Wednesday. Tavares disclosed…

View Post

View Post

Stock

FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison

May 30, 2024

Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in prison, followed by three years of…

View Post

View Post

Stock

Global debt has grown to $315 trillion this year — here’s how we got here

May 30, 2024

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt wave has been the biggest, fastest and most wide-ranging rise in…

View Post

View Post

Stock

Why it seems like everyone you know is going on a cruise

May 29, 2024

Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the last few years, as vacationers flock to ever larger vessels…

View Post

View Post

Stock

Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market

May 29, 2024

In George Miller’s new Mad Max film “Furiosa,” a red paint flare explodes and casts the theater screen in a saturated crimson cloud. Feet away, among the rows of gyroscopic…

View Post

View Post

Stock

Elon Musk’s AI startup now valued at $24 billion after fresh funding

May 28, 2024

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in…

View Post

View Post

Stock

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

May 27, 2024

DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in which workers voted against union representation, and is asking federal officials to…

View Post

View Post

Stock

Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years

May 27, 2024

Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock to a record, his holdings now stand at…

View Post

View Post

Stock

Why groceries are so expensive — and how consumers may start to see relief

May 26, 2024

High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the pandemic, and in many cases, they’ve kept going…

View Post

View Post

Stock

The ‘absolute worst’ of times for car buying are over

May 26, 2024

Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting on a glut of 2023 vehicles, leading to steeper discounts and…

View Post

Popular Topics

Stellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’

FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison

Global debt has grown to $315 trillion this year — here’s how we got here

Why it seems like everyone you know is going on a cruise

Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market

Elon Musk’s AI startup now valued at $24 billion after fresh funding

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years

Why groceries are so expensive — and how consumers may start to see relief

The ‘absolute worst’ of times for car buying are over