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Stellantis pulls back on EVs and hybrids as $7,500 tax credit nears end
Stellantis NV has dialed back production of its electrified lineup — with dealers prevented from ordering several models — as the end of the federal $7,500 electric vehicle tax credit approaches on Sept. 30.
The carmaker wouldn't provide details on the changes but confirmed at least some production of electric models had paused. "In line ...Read more

Consumer spending falls in Las Vegas as tourism slides
Consumer spending in Las Vegas is down in several ways, state data shows, amid a slump in tourism to the casino mecca and national economic jitters.
Sales at food and beverage outlets; car and auto-parts dealers; clothing, shoe and jewelry retailers; and furniture, electronics and appliance stores in Clark County, Nevada, all fell in a recent ...Read more

Four years after inflation first spiked, Americans' wages are still falling behind -- and a slower job market isn't helping
Three years ago, when inflation was rising at the fastest pace in almost half a century, Lori Schkufza could still see the silver linings. She had a full-time job with benefits as a digital animator. Even though her expenses had grown, her income had increased, too.
Now, however, the 38-year-old Buffalo, New York, resident has been out of a job...Read more

Tokenized stock trading: The huge risks in moving stocks to blockchain
The cryptocurrency industry has lately begun to heavily promote tokenized stocks, but what exactly are they? More importantly, what advantages do tokenized stocks offer — especially when investors already have safe, no-cost fractional share trading at many brokers?
A tokenized stock is a fancy way of saying that ownership of a stock can be ...Read more

The 7 worst investment decisions beginners can make
Making the decision to start investing is one of the best decisions you can make. Investing is an important step toward building wealth and achieving your financial goals. However, successful investing can be difficult and there are some key mistakes you’ll want to avoid.
Here are the top seven investment mistakes beginners make when they ...Read more

More Hemis, higher tariffs: How Trump's policies are helping (and hurting) Dodge
Under President Donald Trump, Dodge is turning back the clock on its muscle car lineup.
Instead of phasing out the final gas-guzzling Hemi V-8 engines still available on Durango SUVs this year, it’ll make them standard for 2026 — even on the entry-level GT trim. It’s soon launching potent six-cylinder Charger coupes and sedans amid rumors...Read more

Playboy leaves Los Angeles for Miami Beach as CEO disses state as 'anti-business'
Playboy Enterprises announced on Wednesday that it will relocate its headquarters from Los Angeles to Miami Beach, becoming the latest high-profile company to abandon California in favor of more business-friendly environments.
Ben Kohn, CEO of Playboy, described California as being "anti-business," saying the state is an "extremely expensive ...Read more

In wake of the Trump firing, can we still trust federal jobs data?
President Donald Trump fired the head of the Bureau of Labor Statistics in early August after weaker-than-expected job numbers, as well as revisions to past data.
Without evidence, the president alleged BLS commissioner Erika McEntarfer was producing inaccurate numbers for political purposes.
Experts say manipulating labor statistics can be ...Read more

Rivian to hold groundbreaking events next month for $5B Georgia factory
Electric vehicle startup Rivian plans to hold two ceremonial events to christen the forthcoming construction of its long-delayed $5 billion factory an hour east of Atlanta.
The company will play host to a community event Sept. 14 and a formal groundbreaking ceremony Sept. 16 with stakeholders, media and government officials, including Gov. ...Read more

California Coastal Commission opposes SpaceX's bid to nearly double Vandenberg launches
The California Coastal Commission has unanimously voted against SpaceX's plan for a dramatic expansion of rocket launches from Vandenberg Space Force Base, citing environmental and regulatory concerns.
"The sonic booms and their impacts on California's people, wildlife and property are extremely concerning," Commissioner Linda Escalante said at...Read more

A bad bill to rein in insurance adjusters? Proposed California law draws fire
After the devastating January firestorms left thousands of homeowners to grapple with their insurers over complicated claims for smoke damage and burned-down houses, many turned to public adjusters for help.
The state-licensed professionals play a vital role in assisting policyholders in preparing property claims and representing them in their ...Read more

A look at consumer prices 6 months into the second Trump administration
It’s been a little over six months since President Donald Trump assumed office for his second term. In that time, the economic landscape has shifted quite drastically: The new administration has implemented broad tariffs on U.S. trade partners, the stock market has both plummeted and soared to historic heights, hiring is down, fears of a ...Read more

Intel CEO's 'amazing story' has helped make him a billionaire
Days after calling for the firing of Intel Corp.’s CEO, President Donald Trump changed his mind following a “very interesting” meeting with the executive. “His success and rise is an amazing story,” Trump wrote in a Truth Social post on Monday.
It’s a story that’s also made Lip-Bu Tan amazingly rich.
The 65-year-old technology ...Read more
Ulta, Target to end shop-in-shop partnership
After nearly four years of collaboration, Ulta Beauty and Minneapolis-based Target jointly announced Thursday they will end their shop-in-shop partnership when the current agreement expires.
“We’re proud of our shared success with Ulta Beauty and the experience we’ve delivered together,” said Rick Gomez, chief commercial officer at ...Read more

Billionaire family offices join Berkshire in UnitedHealth bet
Some of the world’s wealthiest people joined Warren Buffett’s Berkshire Hathaway Inc. in backing embattled insurer UnitedHealth Group Inc. in the second quarter.
George Soros’s investment firm, the family office of a Swedish packaging dynasty and Michael Platt’s BlueCrest Capital Management all increased their stakes in UnitedHealth ...Read more

Fears of fishy fraud rocked Seattle seafood sellers. Was it a big deal?
Nine months after the publication of a startling report about incidents of farmed salmon incorrectly labeled as wild-caught, owners of Seattle sushi restaurants and grocery stores still don't consider mislabeling to be a major threat to their businesses and patrons.
Washington state's fish police disagree, contending that the issue is much ...Read more

Auto review: 2025 Acura ADX hits the ground running
Acura has ramped up its styling game with a whole host of refreshes to the existing fleet, as well as with the recent addition of the ZDX electric SUV. This week, we review the 2025 Acura ADX, Acura’s newest release in the compact SUV category.
This five-passenger “Integra-like” gateway SUV does everything right, and the price will blow ...Read more

Auto review: The 2025 Mercedes-AMG G63 is unlike anything else -- thank goodness
The G-Wagen. The Geländewagen, if you must. It's not a name that rolls off the tongue. That’s why it’s marketed as the 2025 Mercedes-Benz G-Class.
No matter what you call it, this SUV is unmistakable. Looking much the same since disco was still a thing, its squared-off silhouette is as much a part of its appeal as its Mercedes badge — ...Read more

Auto review: Toyota Corolla is the best-selling nameplate of all time and is super affordable, but it's also pretty natty in FX trim
These days, Corollas start at a value-packed $22,325, or 13 times what the original cost in 1968.
Most people probably think the best-selling automobile of all time is the Model T or Beetle. Nope. While Ford built more than 15 million Model Ts and Volkswagen vended more than 23 million Beetles, the ever-durable Toyota Corolla crossed the sales ...Read more