
New Cars Become Luxury Items as Average Americans Get Priced Out
Key Points The American car market is splitting into two. Wealthy drivers are snapping up expensive new models, while almost everyone else is stuck driving

Key Points The American car market is splitting into two. Wealthy drivers are snapping up expensive new models, while almost everyone else is stuck driving

Key Points Precious metals hit a brick wall on Friday, bringing a sudden stop to one of the most aggressive rallies in recent history. Gold

Key Points President Donald Trump announced on Friday that he has selected Kevin Warsh to become the next Chairman of the Federal Reserve. Warsh, a

Key Points The Trump administration took a major step toward reopening Venezuela’s oil industry on Thursday. The U.S. Treasury Department issued a new general license

Key Points President Trump seems comfortable with the U.S. dollar losing value, and market experts warn that this is fueling an economy that is already

Key Points Caterpillar delivered a mixed message to investors on Thursday. On one hand, the company smashed profit expectations thanks to the artificial intelligence boom.

Key Points Tech giants are betting the house on artificial intelligence, pledging hundreds of billions of dollars to win the race for the future. Meta

Key Points Samsung Electronics just posted a massive surge in its fourth-quarter profits, with the company’s operating profit tripling to a new all-time high. The

Key Points Gold prices surged to a new record high on Wednesday, blowing past the $5,400 per ounce mark after the Federal Reserve announced it

Key Points The European Union needs to speed up the creation of a “digital euro” to reduce its reliance on U.S. payment giants like Visa

Key Points Amazon appears to have accidentally tipped off some of its cloud-computing employees about a round of layoffs that are scheduled for Wednesday. On

Key Points Boeing is finally getting its business back on track. The aerospace giant swung to a profit in the fourth quarter, with its commercial

Key Points Oil prices jumped to their highest level since October on Tuesday, with U.S. crude settling above $62 a barrel. The rally was driven

Key Points Stablecoins, the dollar-backed crypto tokens that are at the heart of the digital asset world, could pull a staggering $500 billion in deposits

Key Points Microsoft and Meta are set to report their latest earnings this week, and they are under a lot of pressure to prove that

Key Points General Motors had a great fourth quarter, beating Wall Street’s expectations and giving investors a lot to be happy about. The automaker announced

Key Points Venezuela is proposing a major overhaul of its oil laws in an effort to attract the foreign investment it desperately needs to rebuild

Key Points President Donald Trump has announced a major tariff hike on South Korean imports, raising the rate from 15% to 25% on key goods

Key Points Gold prices have rocketed past the $5,000 an ounce mark, a major milestone that has come much earlier than Wall Street expected. The

Key Points U.S. natural gas prices have surged by nearly 20% as a massive winter storm sweeps across the country, boosting demand for heating and

Key Points Singapore’s central bank is expected to keep its monetary policy on hold at its review on Thursday, as a strong economy and stable

Key Points The Japanese yen surged on Friday as traders grew increasingly nervous that the government would step in to halt the currency’s recent slide.

Key Points The first direct shipment of Venezuelan oil to the United States under a new landmark deal is now underway. A crude tanker chartered

Key Points President Donald Trump has filed a massive $5 billion lawsuit against JPMorgan Chase and its CEO, Jamie Dimon, in his most aggressive move

Key Points President Donald Trump has threatened to slap a 100% tariff on all Canadian goods if the country moves forward with a new trade

Key Points Fidelity Investments has settled a lawsuit with the chipmaker Broadcom, ending a dispute that threatened to disrupt the financial giant’s operations. Fidelity had

Key Points The Trump administration has pushed out a top Commerce Department official whose office oversaw a rule that effectively banned Chinese cars from the

Key Points The streaming world got a massive shake-up at the end of 2025 when Netflix announced its plan to buy Warner Bros.’s film and

Key Points The incredible rally in precious metals shows no signs of slowing. On Friday, gold prices climbed to near $5,000 an ounce, while silver

Key Points It’s been a week of whiplash for investors. A sudden threat of new tariffs from President Trump, followed by a dramatic reversal, sent

Key Points Lenovo, the world’s largest PC maker, is taking a different approach to the artificial intelligence race. Instead of building its own large language

Key Points Amazon is preparing for another round of major layoffs, with plans to cut thousands more corporate jobs. According to sources, the terminations are

Key Points The U.S. economy grew at its fastest pace in two years during the third quarter, fueled by strong consumer spending. The nation’s gross

Key Points Gold prices steadied on Friday, taking a breather after a blistering rally that had pushed the precious metal to a series of record

Key Points Japan’s export machine kept humming in December, with sales rising for the fourth consecutive month. The latest government data showed that a drop

Key Points Intel shareholders are feeling more optimistic than they have in a long time. They are betting that the turnaround promised by new CEO