Despite rising slightly by midweek, gas prices remained cheaper than last week, but a switch to more expensive summer-blend gasoline could change that, according to the latest report from AAA. The national average cost for a gallon of gas dropped to $3.37, two cents less than last week but a penny more than the cost […]
Alaska’s rugged and frigid interior, where it can get as cold as minus 50 Fahrenheit (minus 46 Celsius), is not the place you’d expect to find an electric school bus. But here is Bus No. 50, with a cartoon horse decal on its side, quietly traversing about 40 miles of snowy and icy roads each […]
Walmart announced it is permanently closing all of its locations in Portland, Oregon, over financial reasons. “We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations,” Walmart said in its announcement, according to KPTV. “While our underlying business is strong, these specific stores haven’t performed as well as […]
Chris Martin knew he needed a bigger car as the birth of his fourth child approached, but he and his wife were already $14,000 underwater on their two vehicles. So the couple proposed an unusual two-for-one deal with an Atlanta-area auto dealer in 2020: trading in both of their vehicles so they could afford a […]
China has accused the US of overreacting after federal employees were ordered to remove the video app TikTok from government-issued phones. On Monday, the White House gave government agencies 30 days to ensure that employees did not have the Chinese-owned app on federal devices. The order follows similar moves by the EU and Canada in […]
Something unexpected is going on in the U.S. economy. Inflation remains high, yet many Americans went on a spending spree last month, eating out at restaurants and shopping for cars. In ordinary times, that additional spending would be welcome news to an economy that’s heavily dependent on consumer dollars. But there’s a catch: All that […]
Newspapers across the country dropped the “Dilbert” comic strip over the weekend after the creator of the satirical cartoon went on a racist tirade, calling Black Americans a “hate group” and suggesting that White people should “get the hell away” from them. The USA Today Network, which operates hundreds of newspapers, said it had pulled […]
The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year. Friday’s report from the Commerce Department showed that consumer prices rose 0.6% from December […]
U.S. homeowners have lost a staggering $2.3 trillion in market value since June as higher interest rates drive down demand in the formerly red-hot housing market, and many economists predict the decline will continue throughout the year, as mortgage costs remain elevated and keep sidelining potential buyers. The total value of U.S. homes has fallen […]
A pilot program testing a four-day work week in the United Kingdom has been hailed as a “resounding success” after employees reported improved well-being and a majority of the participating companies said they would keep the change. A total of 61 British companies with around 2,900 workers were enrolled in the trial, with employees working […]
The Supreme Court is set to hear back-to-back oral arguments this week in two cases that could significantly reshape online speech and content moderation. The outcome of the oral arguments, scheduled for Tuesday and Wednesday, could determine whether tech platforms and social media companies can be sued for recommending content to their users or for […]
The Biden administration unveiled a new set of measures Wednesday designed to tackle a persistent problem with driving long distances in an electric vehicle (EV): finding a charging station that works for your car’s model. The plan announced Wednesday, officials hope, will gradually do away with the issue by building out a network of both […]
