Tesla is forecast to beat analyst predictions when the electric vehicle maker and clean energy company reports first quarter deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy told Yahoo Finance on Monday he expects Tesla to reach 425,000 units of volume ahead of the 420,000-unit consensus. The company missed […]
FOX Business News
Honda recalls 330K vehicles with side-view mirrors at risk of falling off
Car manufacturing giant Honda is issuing a recall affecting hundreds of thousands of its products. The Japanese car brand has announced a recall on more than 330,000 vehicles produced since 2020 due to an error in manufacturing that can cause the cars’ mirrors to fall out. NHTSA INVESTIGATING TESLA MODEL […]
US home prices fell in January for seventh straight month
Home prices continued to decline in January as higher mortgage rates dampened consumer demand for new houses. Prices slid 0.6% nationally in the period from December to January, the seventh consecutive monthly decline, the S&P CoreLogic Case-Shiller index showed on Tuesday. “Home prices fell again in January and are now […]
Mortgage rates expected to rise amid economic volatility: Realtor.com
Despite recent decreases in mortgage rates, buying a home is expected to become more expensive amid economic uncertainty, according to an analysis by Realtor.com. The average interest rate on a 30-year-fixed-rate mortgage dropped to 6.42% for the week ending March 23, a 0.18% decline from the previous week, according to […]
Lyft founders to step down, former Amazon exec named new CEO
Lyft announced Monday that its co-founders would transition from their leadership roles, with a former Amazon tech executive poised to pick up the reins at the popular ridesharing company. CEO Logan Green and President John Zimmer will take non-executive roles as chair and vice chair of the Lyft board starting […]
Former White House economist calls Biden out for spewing ‘utter economic lies’ on national tour
As President Biden readies to give his inaugural “Investment in America” tour speech Tuesday, one former White House economist torched the president for touting “utter economic lies.” “When I looked at the event description, I was aghast at how many things they said that were just utter economic lies,” former […]
NHTSA investigating Tesla Model X seat belt failures
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into reports that the front seat belts in some Tesla Model X SUVs are not properly secured. The investigation covers approximately 50,000 of the vehicles from the 2022 and 2023 model years. The Model X was redesigned with a […]
Alibaba to split into 6 units, explore separate IPOs
Shares of Chinese e-commerce giant Alibaba are higher on Tuesday after the company announced it will split its business into six different units. The six units will include Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and […]
State income taxes: Everything you need to know
State income tax is an additional tax payment that millions of Americans must file along with federal income tax every year. The annual tax rate often differs from state to state, and there is a 0% income tax rate in some states. Other states, such as New Hampshire, only taxes […]
Tax season and the common mistakes people make when filing
Tax season can be stressful for millions of hardworking American taxpayers and result in unforeseen errors that can make the filing process even more difficult than it needs to be. April 18 is the annual deadline for millions of Americans to file their individual income tax returns to the Internal […]