The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the new year. The broad market index rose 1.23% to settle at …
Business
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Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a report from International Data Corp. Samsung ended the year with a …
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The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft protection plans. The independent watchdog agency said the new rule closes a loophole that for decades has …
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More than 1,800 flights within, to or out of the U.S. were canceled Tuesday as extreme winter weather continued to wreak havoc for travelers. Data from the tracking group FlightAware also showed more than 4,700 …
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Sean “Diddy” Combs and Diageo said Tuesday they have cut ties and settled the music mogul’s accusations that the spirits giant neglected vodka and tequila brands he promoted or co-owned. In a joint statement, the London-based company and Combs …
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A federal judge blocked JetBlue Airways’ purchase of budget rival Spirit Airlines, a major win for Biden’s Justice Department, which sued to stop the merger, alleging it would drive up fares for some of the most price-sensitive …
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Business
As EV sales growth slows, some drivers could buy one for as little as $10,000 this year
by adminThere are plenty of reasons not to buy an electric vehicle in 2024: Auto loan rates are high. Despite a recent wave of discounting, many EVs remain pricier than gas-burning cars. And an incomplete network …
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Business
‘Would you like to upgrade?’ Travel brands want everyone to go premium — for a price
by adminConsumers who got a taste of higher-end amenities during the last couple years’ travel boom aren’t too keen to go back to basic economy, and the travel industry doesn’t want them to. “If ‘revenge travel’ …
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There are plenty of reasons not to buy an electric vehicle in 2024: Auto loan rates are high. Despite a recent wave of discounting, many EVs remain pricier than gas-burning cars. And an incomplete network …
-
Business
‘Would you like to upgrade?’ Travel brands want everyone to go premium — for a price.
by adminConsumers who got a taste of higher-end amenities during the last couple years’ travel boom aren’t too keen to go back to basic economy, and the travel industry doesn’t want them to. “If ‘revenge travel’ …