Business

Koichi Kamoshida/Getty Images (NEW YORK) — As car prices have climbed in recent years, bright-colored signs at dealerships and boldface headlines have blared warnings to buyers. But less attention has been paid to the jump in price for a stiff expense that comes along with the vehicle: insurance. Car insurance rates have climbed 36% since […]

ABC News (CHICAGO) — With the economy looming large in the 2024 election, Treasury Secretary Janet Yellen said Thursday she sees “no reason” for a recession this year and insisted consumers are turning more optimistic about their finances. “I think 2024 is going to be a very good economic year. That said, there are always […]

In this June 5, 2023, file photo, Apple CEO Tim Cook stands next to the new Apple Vision Pro headset, displayed during the Apple Worldwide Developers Conference in Cupertino, Calif. — Justin Sullivan/Getty Images, FILE (NEW YORK) — Apple Vision Pro, a mixed reality headset, arrives in stores next week promising a personal movie theater […]

ABC News (WASHNGTON) — Energy Secretary Jennifer Granholm can relate to Americans’ anxiety over electric vehicles. The former governor of Michigan and longtime EV owner (who currently drives a Ford Mach-E) says she has experienced her own challenges with public charging on road trips. She has heard from drivers who are reluctant to give up […]

lvcandy/Getty Images (NEW YORK) — Shares of Tesla plummeted more than 10% in afternoon trading on Thursday, less than 24 hours after the company reported earnings that fell short of expectations and cautioned of sluggish sales over the duration of this year. Revenue and profits missed analyst expectations over the three months ending in December, […]

An exterior view of the Dunkin’ Donuts restaurant in Muncy, Pennsylvania, June 10, 2023. (Paul Weaver/SOPA Images/LightRocket via Getty Images) (NEW YORK) — Lactose intolerant coffee drinkers who opt for nondairy alternatives like soy, almond or oat milk in their drinks at Dunkin’ may pay as much as $2 more for the alternatives, which a […]

d3sign/Getty Images (NEW YORK) — With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are sent out to individual taxpayers every year. The notices, for example, remind taxpayers of how […]

Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, exits court in New York, US, on Wednesday, Oct. 4, 2023. (Bloomberg / Contributor/Getty Images) (NEW YORK) — Martin Shkreli’s lifetime ban from the pharmaceutical industry was upheld by a federal appeals court in New York on Tuesday. A three-judge panel of the 2nd U.S. […]

sesame/Getty Images (NEW YORK) — Venmo, Zelle and Cash App are leaving consumers vulnerable to fraud that’s “draining bank accounts of significant sums of money,” Manhattan District Attorney Alvin Bragg said in letters to the companies that own those financial apps. He demanded they increase protections. Bragg’s letters said he was writing “in response to […]

Isabel Pavia/Getty Images (NEW YORK) — A children’s clothing brand is facing criticism for the way it handled one employee’s request to work remotely while her newborn son was treated in the neonatal intensive care unit. The controversy erupted into public view last week when Ying Liu, the founder and CEO of Kyte Baby, a […]