JPMorgan Chase CEO Jamie Dimon said in an interview on Monday that he wouldn’t buy stocks or long-term Treasury bonds at their current prices as he thinks investors aren’t accounting fully for risks that could cause turmoil in equity and debt markets. Dimon said in an interview with CNBC that…
The AAA national average price for regular gas is back above $4 again amid the U.S. war with the Islamic Republic of Iran. As of July 21, the AAA national average for regular fuel is $4.019, up from yesterday’s average of $4.003, the week-ago average of $3.859, and the month-ago…
A group representing America’s manufacturers on Tuesday released a report marking one year since the enactment of the 2025 tax law that includes examples of the legislation’s impact on the manufacturing sector in all 50 states. The One Big Beautiful Bill Act (OBBBA) was passed by Republicans in Congress and…
Boeing CEO Kelly Ortberg said the global aerospace company has begun early work on a possible new airplane design but is not yet ready to move forward. Ortberg, who became president and CEO in August 2024, said Boeing is spending “time and money” evaluating its options and preparing to introduce…
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Warren Buffett said that it didn’t come as a surprise when he told Bill Gates about his decision to stop…
JPMorgan Chase Chairman and CEO Jamie Dimon is validating the growing frustration of working-class Americans, admitting in a recent interview…
Meta is expanding its massive data center project in Richland Parish, Louisiana, to 5 gigawatts of compute capacity, making it…
SpaceX has been fast-tracked into the Nasdaq-100 Index, meaning the stock performance of Elon Muskās rocket company is now directly…
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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…
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American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on the table, according to a new study. Data released Monday from the Urban Institute found that a cumulative 32% increase in food costs over the…
More than 1,000 MagSafe battery chargers have been recalled over burn risks following reports of the power banks catching fire and causing burn injuries. FlauntĀ is recalling about 1,400 MagSafe battery chargers due to the risk of serious injury or death from fire and burn hazards, according to the U.S. Consumer…
Delta Air Lines sees higher fares staying in place for consumers amid higher costs for fuel and other expenses, even if oil prices return to more moderate levels and allow jet fuel costs to decline in turn. Delta CEO Ed Bastian said on the company’s quarterly earnings call that the…
American consumers hoping for a swift end to years of inflationary pressures are facing a harsh reality check. While recent relief at the gas pump offered a temporary reprieve, corporate supply chain strains and the lingering effects of global trade and geopolitical shocks are expected to keep prices elevated for…
A California city is weighing a ban on drive-throughs after some residents expressed concern that a proposed In-N-Out could hurt air quality, worsen traffic and create safety issues for pedestrians and cyclists. The City Council in Culver City, California, passed a 45-day moratorium last month to prohibit permits for new…
Kia is issuing a new recall of more than 460,000 vehicles over a fire risk after an earlier recall affecting the same vehicles failed to resolve the problem, according to federal regulators. The recall affects 462,869 Kia Telluride vehicles from the model years 2020-2024, the National Highway Traffic Safety Administration…
Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average interest rate on the benchmark 30-year fixed mortgage rose to 6.49%, up from last week’s reading…
San Francisco pet owners are set to lose access to one of the pet care industry’s biggest brands with the upcoming closure of the city’s lone PetSmart location. PetSmart’s store located in the City Center shopping center on Geary Blvd. is set to close on July 19, according to a…
Costco rolled out a new change to its payment system, allowing customers to use their phones to make checkout times faster. The warehouse club has expanded its digital wallet feature that now enables members to link any Visa card to the Costco app and use their phones during checkout.”Costco is…
The artificial intelligence (AI) boom is causing a fierce bidding war for some luxury homes in the San Francisco Bay Area, with dozens of homes selling more than $1 million above asking price last month. Mike Simonsen, chief economist at Compass International Holdings, noted in a post on X citing…





































