Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model […]
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529 college savings plans ‘are better now than they’ve ever been,’ expert says. Here are key changes for 2024
As the costs at some colleges near $100,000 a year, families need a savings strategy they can bank on. Financial experts and plan investors agree that 529 college savings plans are a smart choice for many. And, as of 2024, there are even more benefits, including higher contribution limits and […]
Uber announces shuttle rides, features for caregivers and Costco perks
CEO of Uber, Dara Khosrowshahi, speaks onstage during GE The Lean Mindset: The Pursuit Of Progress Event at Chelsea Industrial on September 06, 2023 in New York City. Ilya S. Savenok | Getty Images Entertainment | Getty Images Uber on Wednesday announced several new product updates at the company’s annual […]
Here’s the inflation breakdown for April 2024 — in one chart
Grace Cary | Moment | Getty Images Inflation fell slightly in April as easing price pressures for groceries and other areas of consumer balance sheets were partially offset by higher gasoline prices and stubbornly high housing costs. The consumer price index, a key inflation gauge, rose 3.4% in April from […]
Netflix to stream Christmas Day NFL games for three years
The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters Netflix will stream Christmas Day NFL games for the next three years, in its first true step into live sports. The streaming platform will show two […]
GameStop, AMC tumble more than 20% as meme stock rally fizzles after just two days
A GameStop store operates in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images GameStop and AMC shares fell Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game retailer declined 29%, while the movie theater chain dropped 22%. Before […]
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent. The consumer price index, a broad measure of how much goods and services cost at the cash register, increased 0.3% from […]
GameStop, AMC shares decline as meme stock rally fizzles after just two days
A GameStop store operates in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images GameStop and AMC shares fell on Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game retailer declined 15%, while the movie theatre chain dropped 11%. […]
Amazon’s appearance at Upfronts highlights push beyond digital ads and into traditional media
Rafael Henrique | Lightrocket | Getty Images Amazon has become a growing threat to digital ad incumbents Meta and Google, attracting billions of dollars a quarter from brands that are trying to reach the masses of consumers who swarm to the site on a daily basis. But it’s no longer […]
GameStop, AMC decline as meme stock rally fizzles after just two days
A GameStop store operates in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images GameStop and AMC shares fell in premarket on Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game retailer fell 13% in premarket trading, while the […]