US home prices rose at the fastest clip in months to a fresh record high in January, driven by a housing shortage and high mortgage rates, despite efforts to boost inventory and curb demand.
Mercedes-Benz has introduced a mildly electrified version of its iconic off-roader, the G-Wagen, with a new turbocharged 3.0-liter inline-six engine and a mild-hybrid system, offering 443 horsepower and 413 pound-feet of torque, ahead of the launch of the fully electric EQG later this year.
In countries with limited internet access, SpaceX's Starlink satellite internet terminals are being illegally used and traded, raising concerns about accountability and regulation.
The top-ranked place to live in the United States in 2024 is Colonial Village in Arlington, Virginia, according to a study by Niche that considered factors such as cost of living, schools, and job opportunities.
Breeze Airways is expanding its nonstop routes from Tampa International Airport with new flights to Pensacola, Florida and Bangor, Maine starting in June and October respectively, offering affordable one-way tickets starting at $49 and $99.
BlackRock CEO Larry Fink warns of a "retirement crisis" in the US and calls on baby boomers to help younger generations save for their futures to prevent disillusionment with capitalism and politics; Fink urges corporate leaders and politicians to rethink the retirement system and questions the conventional notion of age 65 as the retirement age.
Dow Jones futures and other major indexes are on the rise as stocks aim to rebound from Monday's losses, with Nvidia approaching record highs and Cathie Wood purchasing over $28 million worth of Tesla stock, while former President Donald Trump's social media platform Truth Social is set to debut on the stock market today.
Nvidia's rapid stock market gains have raised concerns about how much more room the stock has to grow, as its valuation and price-to-profit ratio continue to rise, prompting comparisons to the dot-com era.
States along the path of totality for the April 8 total solar eclipse in the U.S. are warning that the existing cellular networks may be strained due to the massive crowds, and people are advised to have their cellphones charged and bring chargers with them, as well as carry extra food and water and stay in the region on the night of the event.
Amazon's Big Spring Sale has ended, but there are still some discounts available on tech gadgets and devices. Some notable deals include Apple AirTags for $24, Anker Soundcore Space A40 wireless earbuds for $50, and the Fire TV Stick 4K Max for $40.
The European Commission has issued guidelines for online platforms like TikTok and Facebook to address election-related risks and disinformation, with potential fines of up to 6% of global turnover for non-compliance, as part of the Digital Services Act (DSA).
The price of Bitcoin has reached a weekly high of over $71,000 as the cryptocurrency's block rewards halving approaches, leading to expectations of a possible surge in price.
McDonald's and Krispy Kreme have announced an expanded partnership that will see Krispy Kreme Doughnuts sold in McDonald's restaurants nationwide by the end of 2026, offering three flavors of doughnuts available throughout the day.
Carnival cancels two spring break cruises after a fire breaks out on the Carnival Freedom, the second fire incident on the ship in less than two years.
Viking Therapeutics has announced positive results from its Phase 1 clinical trial of the oral tablet formulation of VK2735, a potential treatment for metabolic disorders such as obesity, demonstrating weight loss and tolerability, and plans to initiate a Phase 2 trial later this year.
Costco will require food court patrons to have a membership card, starting in a couple of weeks, to address overcrowding issues and member complaints.
Lottery players have a chance to win massive payouts this week as both the Powerball and Mega Millions jackpots have risen to close to $865 million and $1.1 billion, respectively, after no winners in recent drawings.
Egg prices are currently elevated due to avian flu outbreaks, high demand, and increased costs for farmers, with prices in the US averaging $2.99 per dozen in February, down from $4.21 in 2021 but higher than $1.59 in February 2021, while in Europe, prices are 10-15% lower than last year but still double that of 2021; however, prices are expected to decrease 2.8% this year in the US, although they won't return to pre-COVID levels.
Reddit, a social media company that emphasizes its potential in artificial intelligence, has gone public with its stock price surging on its debut, benefiting investors like Sam Altman and ARK Invest's Cathie Wood, although the company's lack of profitability and high spending on research and development pose risks for potential investors.
Wall Street's biggest bull, John Stoltzfus, raises his year-end price target for the S&P 500 to 5,500, citing improved investor sentiment and a broadening market rally.
MarketAxess, a leader in electronic bond trading, is currently trading at a significantly lower valuation, presenting a potential buying opportunity due to its attractive fundamentals and the future potential of the fully electronic bond market.
A Powerball ticket worth $1 million was sold in Florida at a 7-Eleven, while the top prize of $800 million was not won.
Advanced Micro Devices (AMD) has significant potential in the growing AI market, with its new AI GPU catching the attention of major players, and its earnings and revenue growth reflecting its investment in AI; the company's expansion into AI-powered personal computers also aligns with the projected boost in the PC market, making AMD a promising investment option with potential for larger gains than competitor Nvidia.
Meta, the parent company of Facebook, Instagram, and Threads, is implementing changes to automatically limit the amount of political content users see from accounts they do not follow, sparking criticism and concerns about bias and the suppression of information during pivotal elections.
Chinese electric vehicle (EV) maker Nio is facing concerns from Wall Street as Mizuho Securities downgrades its rating due to slipping demand and tightening liquidity in the Chinese EV market, forecasting slower growth in 2024 and suggesting only a modest 12% upside for Nio's stock.
Ukraine's Starlink internet service, owned by Elon Musk, is reportedly experiencing connection problems while Russian use of the devices, prohibited by US sanctions, has increased, potentially impacting the connection speeds for Ukrainian troops.
Donald Trump's social media company, Trump Media & Technology Group Corp., has begun trading publicly on the Nasdaq stock exchange, with a stock price near $50 and a market value of about $6.8 billion, but investors question its high price and volatility due to the company's lack of profitability and dependence on Trump's popularity.
American hospitals are adding billions of dollars in facility fees to routine medical bills, charging unsuspecting patients for using the office where they meet doctors, with fees significantly inflating the cost of standard medical procedures.
Tesla is offering a free trial of its Full Self-Driving (FSD) software to all Tesla owners in the US for one month, as the company rolls out its FSD Beta v12 software, which utilizes "end-to-end neural nets" for decision-making based on Tesla's driving data.
The Powerball jackpot has increased to an estimated $865 million, continuing a winless streak since January 1st, while the Mega Millions jackpot stands at an estimated annuity payout of $1.1 billion.
Chick-fil-A will no longer serve antibiotic-free chicken, instead shifting to a pledge of using antibiotics that are not important to human medicine, due to supply challenges caused by the avian flu outbreak.
Most Asian stocks traded in a narrow range on Tuesday, following a lackluster session on Wall Street, while South Korean stocks stood out with significant gains driven by the hype over artificial intelligence.
Former President Donald Trump's net worth has surged to $6.4 billion following the completion of the merger between Digital World Acquisition Corp. and Trump Media & Technology Group Corp., which allows him to be listed on the Bloomberg Billionaires Index and marks a significant increase from his previous peak net worth of $3.1 billion.
Lotto fever sweeps Southern California as the combined jackpots of the Powerball and Mega Millions lotteries reach nearly $2 billion.
A man in Southern California spent $600 on lottery tickets as the Powerball and Mega Millions jackpots reach record highs.
Trader Joe's has raised the price of a single banana by roughly 20%, citing the need to adjust prices based on changing costs, as food prices continue to rise globally.
Some restaurants in California are considering laying off workers and raising prices in response to the upcoming minimum-wage increase.
The Powerball jackpot has reached a staggering $800 million after 35 consecutive drawings without a winner, and the winning numbers for the Monday drawing will be announced soon.
Discount retail giant Dollar Tree has announced plans to raise its price cap to $7, expand its multi-price assortment, and close approximately 600 locations under the Family Dollar brand, while also observing an increase in higher-income customers.
Meta is now allowing users to limit the amount of political content they see on Instagram and Threads, with the new toggle being rolled out and giving users the option to only see political content from accounts they follow.
Disney's stock reached 52-week highs following an upgrade from Barclays, with positive earnings revisions and cost-cutting initiatives contributing to the company's strong performance and reinstatement of its dividend.
The New York Stock Exchange is suspending trading of Fisker shares and moving to delist the company due to the abnormally low stock prices, which could have a negative impact on the business.
Former President Donald Trump's claim that he decided not to list the Trump Media & Technology Group on the New York Stock Exchange because New York treats businesspeople badly does not hold any logical sense, as the company is being listed on the Nasdaq, which is also headquartered in New York and subject to the same laws and oversight. Additionally, Trump's claims that President Biden is involved in his legal cases are baseless, as there is no evidence of Biden's involvement in the criminal and civil cases against Trump.
Former WeWork co-founder Adam Neumann has submitted a bid of over $500 million to buy back the bankrupt office-sharing company, although it remains unclear how he plans to secure financing for the bid.
A federal judge dismissed Elon Musk's X Corp.'s lawsuit against the Center for Countering Digital Hate (CCDH), ruling that it was an attempt to punish the research group for its speech regarding hate speech on the social media site.
The Federal Aviation Administration (FAA) is providing guidance to commercial planes and private aircraft in preparation for the upcoming total solar eclipse, advising potential delays and restrictions on pilot training operations and arrivals at certain airports.
Former President Donald Trump's net worth has doubled to $6.5 billion following the completion of a merger between Trump Media and Digital World Acquisition Corp, making him one of the world's 500 wealthiest people, although experts warn that Trump Media's fundamentals do not justify its overvaluation in the market.
Fast-food chains in California, including Pizza Hut, are laying off workers in anticipation of the upcoming $20 minimum wage law, which is set to take effect in April and could have significant financial ramifications for the businesses.
Former President Donald Trump's wealth experienced a significant increase, adding over $4 billion to his net worth, after a court slashed the amount he'd have to post for a bond in a fraud lawsuit to $175 million and his social media company completed a merger, making him one of the world's 500 wealthiest people with a fortune of $6.5 billion.
A federal judge dismissed Elon Musk and X's lawsuit against the nonprofit Center for Countering Digital Hate, which accused the organization of spreading misinformation and causing financial losses, ruling that the purpose of the lawsuit was to punish criticism rather than seek justice.
