Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed at ending the war, which has caused oil prices to decline with more supply hitting the market. The two sides have agreed to open the key shipping route for oil…
Coca-Cola and the IRS are heading to court with $20 billion on the line amid a years-long dispute over the beverage company’s reporting of profits made in the U.S. and overseas. The soda giant is taking its case to a federal appeals court in Miami as it looks to resolve…
The affordability of the U.S. housing market may not improve significantly over time for would-be homebuyers, with a new report suggesting that they shouldn’t wait in the hopes of affordability measures returning to their pre-2022 levels. Sarah Wolfe, a senior economist and strategist at Morgan Stanley, said in a report…
Americans’ contributions to their 401(k) savings accounts hit record highs in 2025, according to a new report from Vanguard. Among employees with active 401(k) accounts in both December 2024 and December 2025, median account balances increased by 27%, according to the report, titled How America Saves 2026. Of those same participants,…
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There’s a misconception that people need thousands and thousands of dollars before they can start investing. But in today’s world,…
Verizon is looking to attract and retain customers by offering new, simpler plans that will drop activation and upgrade fees…
The Vanguard S&P 500 ETF recently made stock market history, becoming the first ETF to reach $1 trillion in assets.…
SpaceX stock continued to surge on Tuesday following its record-setting IPO last week, with the company’s market capitalization surpassing Amazon…
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McDonald’s announced Tuesday that it is bringing back its fried apple pie to celebrate America’s 250th birthday. The fried apple pies will be available at participating U.S. restaurants for a limited time starting June 23, marking their first broad U.S. rollout in more than 30…
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In a move to capture the dual market forces of live broadcast television and digital streaming, Fox Corporation on Monday announced it is acquiring Roku, Inc. for $160.00 per share in a deal valued at an enterprise value of $22 billion. The combination pairs FOX’s live entertainment, news and sports…
Hard-working Americans looking to fire up the grill this weekend are facing major sticker shock before they even light the charcoal. As inflation continues to squeeze household budgets, the newly released Wells Fargo summer BBQ food report reveals that hosting a standard summer barbecue for 10 people has climbed to…
Ford announced a recall covering more than a quarter million Ford Focus vehicles over an issue that may cause the engine to stall unexpectedly. The recall affects 255,404 Focus vehicles from the 2012-18 model years due to an issue with the canister purge valve (CPV). These vehicles were covered by…
Elon Musk’s SpaceX began trading at $150 a share on Friday, above its listing price of $135 a share, making him the world’s first-ever trillionaire following the IPO. The rocket and satellite company raised a record $75 billion, valuing the company at about $1.8 trillion, pushing the value of Musk’s…
More than 17,000 coffee makers were recalled over a burn hazard that can cause serious injury, according to federal regulators. About 17,600 Kidisle-branded hot and iced coffee machines were affected by the recall, according to the U.S. Consumer Product Safety Commission.”The recalled coffeemakers(sic) can become clogged, causing hot liquid or…
When most people think of major stock market indexes, their minds go to the S&P 500, Nasdaq Composite, or Dow Jones because they’re the “Big 3.” One index that often flies under the radar is the Russell 2000, which tracks the smallest 2,000 companies in the Russell 3000 index. The…
General Motors on Tuesday announced it’s releasing a software update that allows some electric vehicle (EV) owners to send power back to the electric grid. The update allows owners of GM’s vehicle-to-home energy system, which allows the EV to power the home during a blackout, the expanded capability of sending…
Investors have a growing list of exchange-traded funds (ETFs) and mutual funds that they can choose from as they consider ways to structure their investment portfolios, though there are important differences between the two types of funds. ETFs have grown rapidly as an investment category in recent years since they…
For working Americans with access to a 401(k), there’s perhaps no easier way to save for retirement. You tell your employer how much money you want to contribute per year or per pay period, and that money gets deducted from your paychecks accordingly. Plus, if you’re lucky, you may not…
This story about the May 2026 CPI inflation report is developing and will be updated with more details. Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war’s impact on the energy market and across the economy.The Bureau of Labor Statistics (BLS)…
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