Ford integrates Apple Maps into its new electric vehicle platform

Ford is planning to integrate Apple software into its next-generation fleet of electric vehicles, which will in turn help power hands-free driving technology. Apple and Ford announced Thursday that Apple Maps will be included in the automakers’ new Universal Electric Vehicle (UEV) platform through the use of Apple’s MapKit for…

Fidelity says retiree healthcare costs hit 5,500 in 2026 report

Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant jump from a year ago as medical care and related expenses become more expensive. The report estimated that a 65-year-old who retires in 2026 can expect to spend an average of $185,500 on healthcare and…

Florida’s .8 trillion economy surpasses Australia to rank 14th globally

Pulling in capital, talent and corporations at a historic clip, Florida is no longer just competing with rival states — it’s competing with global economies. New data from the Florida Chamber of Commerce shows the Sunshine State’s $1.8 trillion economy has climbed to No. 14 globally, according to the Florida…

Land Rover Discovery Sport recall targets rearview camera water damage

Jaguar Land Rover is recalling more than 15,000 vehicles over an issue that could affect the rearview camera, which could limit the driver’s rear visibility while reversing, according to federal regulators. A total of 15,535 vehicles are potentially affected by the recall, covering 2021-2025 Land Rover Discovery models, the National…

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Ford recalls nearly 388K Explorer, Lincoln Aviator models over seat defect

Ford is recalling nearly 388,000 SUVs because an issue with the second-row easy-entry seats could increase the risk of injury, according to federal regulators. A total of 387,911 vehicles are affected, including certain 2020-2026 Ford Explorer and 2020-2027 Lincoln Aviator models, the National Highway Traffic…

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Apple briefly tops Nvidia as world’s most valuable company in AI shift

Apple briefly passed Nvidia to become the world’s most valuable company on Friday as the tech titans jostled for the top spot as investors reconsider the outlook for investments in AI. Apple’s market cap topped Nvidia’s early Friday as the latter saw shares slide along with other chipmaker stocks as…

IRS raises gas mileage deduction amid price surge

The IRS this week announced changes in the amount that taxpayers may deduct in gas used per mile while operating a vehicle for business for the remainder of the year amid higher gas prices. The tax collection agency noted that the change “results from recent increases in the price of…

Mortgage rates rise to 6.55%: Freddie Mac

close video Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.55% — the highest level since August 2025…

Jamie Dimon says AI job loss fears are overblown, touts reskilling

JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty over how AI will impact the workforce and people shouldn’t be “breathless” in their concerns as new technologies have historically created new jobs. Dimon said in a conversation with Sen. Dave McCormick, R-Pa., at the…

BMW recalls nearly 30,000 hybrid vehicles over engine starter fire risk

BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a fire risk, according to federal regulators. The recall affects 29,119 plug-in hybrid sedans, including 2018-2020 BMW 530e xDrive, 2018-2020 BMW 530e iPerformance, 2017-2019 BMW 740Le xDrive and 2016-2018 BMW 330e iPerformance vehicles.According to the National Highway…

Social Security 2027 COLA projected at 3.8% amid rising inflation

Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 amid persistently high inflation this year, a new report finds. An analysis by The Senior Citizens League (TSCL) predicts that the 2027 COLA will be 3.8%, or 1 percentage point higher than the 2026 COLA of…

California grocery prices could rise as plastic packaging fees take effect

California consumers could soon see higher grocery bills as the state begins implementing a sweeping packaging law that shifts recycling costs from taxpayers to manufacturers – expenses some businesses warn could eventually be passed on to shoppers. Beginning next month, California will start collecting preliminary fees under the state’s Plastic…

Warsh says Fed policymakers have ‘no tolerance’ for elevated inflation

Federal Reserve Chair Kevin Warsh on Tuesday told House lawmakers that the central bank’s policymakers have “no tolerance for persistently elevated inflation” in his first testimony as Fed chief. Warsh said in his prepared testimony for the House Financial Services Committee that concerns about inflation influenced the Fed’s decision to hold the…

June CPI: Inflation eased following recent surge driven by Iran war

This story about the June 2026 CPI inflation report will be updated with further details. Inflation pulled back in June after surging in prior months due to the Iran war’s impact on energy prices throughout the economy.The Bureau of Labor Statistics (BLS) said on Tuesday that the consumer price index (CPI)…