The opening of a new public charging station for electric vehicles in Ohio highlights ongoing efforts to expand charging infrastructure as part of President Biden's goal to create a national network of 500,000 public chargers by 2030 and promote the adoption of electric vehicles.
First-time homebuyers now need to earn nearly twice as much money, at $75,849 annually, to afford a starter home compared to pre-pandemic times, due to elevated mortgage rates and high home prices, according to data from Redfin.
Consumer Inflation Expectations Drop While Prices Rise, Fed Waits for More Evidence Before Rate Cuts
Consumers expect inflation to continue declining, with projections for the next year at 2.9%, signaling confidence in inflation's softening, despite concerns about higher than expected readings in the Consumer Price Index (CPI).
The University of Michigan Health system is purchasing a portion of vacant land in Troy to build a multi-specialty facility, expanding its presence in southeast Michigan and providing easier access to its renowned clinical expertise and innovation.
A woman who bought a vacant lot in Hawaii discovered that a $500,000 house was built on it by mistake, leading to legal disputes with the developer.
New York City's Metropolitan Transportation Authority has approved a congestion pricing plan that will introduce a $15 fee for most motorists entering Manhattan's central business district in an effort to reduce congestion, encourage public transportation use, and raise funds for subway and bus system improvements.
Oregon residents gain more control over their devices as the state passes a right-to-repair bill, which requires manufacturers to provide documentation, tools, parts, and software for repairs without overcharging, making it the first bill in the U.S. to ban parts pairing; however, video game consoles are exempt from the law.
Trader Joe's has opened a grab-and-go store called Pronto in New York's Union Square, which has received mixed reviews from customers and faced backlash from former employees who suspect the closure of the wine shop it replaced was a response to their organizing efforts.
A new study suggests that the high cost of weight loss drug Ozempic, manufactured by Novo Nordisk, may not be necessary, as researchers estimate production costs to be significantly lower than the current market price.
Home Depot is set to acquire SRS Distribution in an $18.25 billion deal, the largest in the company's history, as it aims to expand its business with major contractors and construction firms.
Four $50,000 Powerball tickets were sold in four different counties in New Jersey, while no one won the $873 million jackpot, pushing the next drawing's top prize to an estimated $935 million.
Home Depot is acquiring roofing distributor SRS Distribution in an $18 billion deal to expand its business with contractors and construction companies.
Former FTX CEO, Sam Bankman-Fried, apologizes in court before his sentencing for wire fraud, witness tampering, and perjury, as prosecutors request a 40-50 year prison sentence, while his own attorneys argue for just six years.
California-based electric vehicle startup Fisker has slashed prices on its 2023 Ocean electric SUV lineup in a bid to avoid bankruptcy after a potential deal with another automaker fell through.
Walgreens Boots Alliance reported higher-than-expected second quarter revenue of $37.05 billion, but also a net loss of $6 billion due to a decline in the value of its investment in VillageMD, while the company narrowed its 2024 earnings outlook amid a challenging retail environment.
Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison and fined $11 billion for his involvement in a fraud and conspiracy scheme, with the judge stating that Bankman-Fried showed no remorse for his crimes and that his public persona was "an act."
Xiaomi is launching its first electric vehicles with aggressive pricing in the hope of succeeding in a competitive market where Apple failed.
American Express has made significant changes to its Hilton Honors Business Card, including a higher annual fee, the removal of free night rewards, and the elimination of Priority Pass lounge passes, making the changes overwhelmingly negative for cardholders.
Health supplement products in Japan containing an ingredient called "benikoji" have been recalled after causing two deaths and making over 100 people sick.
The U.S. economy grew by a solid 3.4% annual pace in the last quarter of 2023, reflecting strong consumer spending, exports, and business investment.
Pharmaceutical companies are pricing diabetes drugs at nearly 400 times the cost necessary for profitability, preventing access for many people in low-income countries, according to a study by Médecins Sans Frontières (MSF). The research also found that modern insulin pens could be more affordable and widely used if companies prioritized people over profits.
Supermodel Karlie Kloss and her husband Josh Kushner are relaunching LIFE Magazine, which was shut down by Time Inc over 20 years ago, aiming to bring its uplifting and unifying voice back to the media landscape.
Tesla shares lack the clarity needed for a lasting recovery as demand for electric vehicles slows down and competition increases.
The ARK 21 Shares Bitcoin ETF (ARKB) received over $200 million in inflows, contributing to the overall net inflows of $243.4 million in the bitcoin ETF market as BTC's price rebounded.
Life magazine, which was shut down in 2000, will be relaunched as a print magazine with a digital presence by Bedford Media, the company founded by Karlie Kloss and Josh Kushner.
Tesla bulls anticipate that Q1 2024 will be a challenging quarter for the company, with the possibility of a delivery shortfall and a decline in full-year earnings predictions, causing TSLA shares to drop.
Former President Donald Trump's media company, Trump Media & Technology Group, has gone public with its social media platform, Truth Social, but analysts warn that its high valuation and limited appeal to users suggest it will likely be a flop like other meme stocks.
Real estate mogul Barbara Corcoran predicts that if interest rates go down by just one percentage point, home prices will skyrocket and attract buyers who were waiting on the sidelines.
Kroger is closing its delivery facilities in San Antonio, Austin, and South Florida due to not meeting the company's success benchmarks.
Shares of Walgreens Boots Alliance are down after the company reported strong second-quarter numbers but narrowed its financial outlook due to a challenging retail environment in the US.
An incorrect sign at a Bojangles restaurant in Knightdale leads to social media attention and a potential partnership with a literacy program called 'Saddle Up and Read'.
Female founders are revolutionizing the tequila industry.
Trump Media & Technology Group's market capitalization has surpassed that of several S&P 500 companies, reaching over $9 billion, driven by retail investors and boosting Donald Trump's net worth by an estimated $4.7 billion.
Female founders are making a significant impact on the tequila industry.
Home Depot, in its largest acquisition ever, is set to buy materials provider SRS Distribution for approximately $18.25 billion, expanding its presence in the professional builder and contractor industry as it seeks to tap into the booming housing market despite high home prices and mortgage rates.
A study conducted by researchers at Yale University, King's College Hospital, and Doctors Without Borders, reveals that the diabetes drug, Ozempic, could be manufactured for as little as 89 cents to $4.73 per month, exposing the substantial profit margin behind the drug's current US list price of $968.52.
Sanaz Yashar, former officer of Israeli cyber intelligence agency Unit 8200, has raised $30 million for her cybersecurity startup Zafran, which aims to prevent cyberattacks by identifying vulnerabilities and providing solutions using existing technologies.
Several ticket holders in Ohio won tens of thousands of dollars in the Powerball drawing, while the jackpot increased to an estimated $935 million.
Apple's growth in services, such as the App Store, is driving scrutiny and antitrust suits, highlighting the company's strategic dilemma and the need for regulatory investigation.
Ann Arbor, Michigan has been ranked in the top 10 best places to live in America according to Niche's annual rankings.
Despite President Joe Biden's efforts to transition the US economy towards a carbon-free future, the oil and gas industry has thrived under his administration, with record oil production, booming exports, rapid jobs growth, and increased profits for oil companies.
Xiaomi, a leading Chinese tech company, is entering the competitive electric car market with the launch of its SU7 sedan as it aims to become one of the world's top five automakers in the next 15 to 20 years, but faces challenges and potential political headwinds as it expands abroad.
Sriracha lovers are disappointed with Huy Fong Foods' Sriracha sauce, claiming that it no longer brings the same level of heat, prompting some fans to switch their allegiance to rival Dragon Sauce.
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If you missed the chance to plan ahead for the upcoming total solar eclipse on April 8, there are still a few last-minute strategies you can employ to witness this rare celestial event in the path of totality.
The Powerball jackpot has increased to an estimated $935 million after no one matched the six numbers drawn on Wednesday night, making it the next big jackpot after a $1.13 billion Mega Millions prize was won in New Jersey.
Shoppers should expect more expensive chocolate this Easter as changing climate patterns have led to a decrease in cocoa supplies and lower earnings for farmers in West Africa.
The Biden administration has announced a loan guarantee to revive a defunct nuclear power facility in Michigan as part of its commitment to sustainable energy and support for carbon-neutral power sources.
The Powerball jackpot has reached $935 million after no tickets matched the winning numbers, making it the fifth-largest grand prize in the game's history.
Former crypto mogul Sam Bankman-Fried faces a potential prison sentence of decades for his role in the collapse of FTX due to fraud and conspiracy, which involved using customer funds for personal expenses such as luxury properties and bribes to officials.
