Two days before the United States faced the possibility of running out of enough cash to pay all its bills, President Joe Biden on Saturday signed legislation that temporarily lifted the nation’s debt ceiling, averting a potentially catastrophic first-ever default by the U.S. However, some investors still remained worried about…
[]U.S. stocks ended slightly lower Monday afternoon, after the S&P 500 failed to hold a gain that would have seen it meet the threshold for exiting bear-market territory. []Meanwhile, shares of Apple Inc. AAPL, -0.76% ended the day with a loss, pulling back from a record high scored ahead of…
At a world premiere June 2 in Huntington Beach, California, Volkswagen VWAGY, -0.03% took the wraps off the long-awaited production version of a new U.S.-spec microbus, officially called the ID. Buzz. This 3-row electric minivan has been described as “the spiritual reincarnation of the microbus, reimagined for our electric future” by…
The Honda HMC, +0.81% CR-V is our highest-rated compact SUV of 2023 and a Kelley Blue Book Best Buy Award winner. Pricing starts at $28,410.Here we are, welcoming generation six of the perennially popular Honda CR-V compact SUV into the world. Expertise gained and lessons learned from the previous generations combine…
This article is reprinted by permission from NerdWallet. U.S. travelers are still hungry to travel, despite the potential of an economic slowdown. The number of U.S. passengers flying to international destinations in April increased 28% compared with the same month last year, according to the International Trade Administration. “Demand is…
When the giant publishing chain Gannett shut down its money-losing weekly print newspaper the Brookline Tab last year, I joined many others around the country living within an area with minimal or no local news coverage. Gannett GCI, -11.11% still has an online version here in Brookline, Massachusetts, but it has pivoted…
The average new car sold for more than $48,000 last month — almost $2,000 higher than a year before. Electric vehicle prices, however, are on the way down. The average EV sold for just over $55,000 — more than $10,000 lower than in the same month of April in 2022. The EV…
At one time, no one had ever heard of a telegraph operator. An electrician. Auto mechanic. TV producer. X-ray technician. Software developer. Webmaster. Cybersecurity specialist. Advancements in technology have always spawned new kinds of jobs while rendering other ones obsolete. Artificial intelligence will be no exception. Right now, we don’t…
Bond yields rose on Monday as appetite for risk across markets reduced demand for sovereign debt, while investors continued assessing what could be next for the Federal Reserve’s interest-rate decision at its June 13-14 policy meeting. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.495% slipped by 6 basis points…
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