Articles

Why car insurance has gotten so expensive

Jumping 20% higher than last year, the average 6-month auto policy cost Americans over $780 in December. Here's what's going on.

These EVs don’t qualify for tax credits, but you can get one with a big discount

Hyundai vehicles don’t qualify for the federal government’s $7,500 electric vehicle tax credit. But the company will lower the price of many of its EVs by that figure, anyway.

What can you do when your good friend has way more money than you?

In the world of the friendship wealth gap, friends with different financial situations can pose a troubling social dilemma.

Believe it or not, there are some things to love about taxes this year, according to H&R Block. One may be the size of your refund.

Tax season starts Monday, Jan. 29. Here's what to expect.

It’s less than a year until inauguration. Here are the stock-market lessons from 134 elections in 17 countries

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It’s a pickup, it’s a van, it’s a family car all in one: It’s a modular vehicle

Kia has touted a new family of vehicles built on a modular platform with the idea of a blank canvas vehicle that can serve multiple functions as needed.

ADM shares plunge as it investigates accounting, misses profit expectations

Archer Daniels Midland shares plunged in premarket trade on Monday as the agribusiness giant said it's put its chief financial officer under administrative leave and that it's investigating accounting practices in its nutrition segment.

Bill Ackman’s Pershing Square re-enters ranks of world’s 20 top performing hedge funds

The top 20 funds generated 31% of all gains in the hedge fund sector in 2023 and 83% of net gains over the past three years

Terraform Labs files for bankruptcy protection in U.S. following 2022 collapse of its TerraUSD, Luna stablecoins

Terraform Labs filed for chapter 11 bankruptcy protection Sunday, following the collapse of its TerraUSD and Luna crypto coins in 2022.

China holds benchmark lending rates steady

China's benchmark lending rates were kept steady after the central bank held its key policy rates unchanged earlier this month, according to data released by the People's Bank of China.

Macy’s rejects $5.8 billion takeover bid, as Arkhouse threatens to take offer directly to shareholders

Macy's Inc. said Sunday it has rejected an unsolicited bid by Arkhouse Management and Brigade Capital Management to take the department-store chain private in a $5.8 billion deal, citing concerns over financing.

Online gambling company Kindred Group confirms takeover bid by France’s FDJ

Kindred Group confirmed Sunday that La Française des Jeux SA has made an acquisition bid, which would create one of Europe's largest online gambling companies.
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