17 hours ago
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Off-lease used cars flood the market, pushing prices down

Consumers in the market for a used late-model car may be in for some good news. In 2014, Infiniti leased more than 28,000 Q50 luxury sedans for as little as $329 per month in a growing U.S. market. The leases accounted for more than three-quarters of Q50 sales. Now they’re coming back to haunt the […]
17 hours ago
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6 summer scams and how to avoid them

By Adam Levin/Credit.com As the weather gets warmer, mosquitos and ticks re-enter our lives, and along with them comes their larger cousin, the scam artist. There are ways to prepare for those seasonal meal stealers. The same goes for scams, as foreknowledge is the best repellent. Ticks and mosquitos aren’t harmless — they are well-known vectors […]
17 hours ago
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U.S. economic growth was slightly less terrible in first quarter

WASHINGTON – Although the U.S. economy slowed to a crawl in the first three months of 2017, it was moving a little faster than originally thought.  The government revised up its January-March growth reading to a rate of 1.2 percent, better than an earlier estimate of 0.7 percent. The Commerce Department said gross domestic product, […]
17 hours ago
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Amazon stock competes to join elite four-figure club

Not quite. Online retail giant Amazon (AMZN) saw its stock approach $1,000 in Friday trading, but then retreat to just shy of $996. Another leading technology stock bearing down on four figures, Google parent Alphabet (GOOG) wasn’t far behind, closing at slightly over $971.  Amazon shares came tantalizingly close in the morning, reaching a little […]
17 hours ago
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Oil's drop a gas for drivers, ghastly for investors

A decision by OPEC nations and key non-OPEC countries like Russia to extend their historic 2016 production-cap agreement by nine months disappointed energy traders who had hoped for a more dramatic cutback. Crude oil fell 4.8 percent Thursday to close back below the $50-a-barrel level, only the third decline of this size since last summer. […]
17 hours ago
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Can Donald Trump “stop” BMW sales in the U.S.?

President Donald Trump is taking aim at German automakers, calling the popularity of German-made cars in the U.S. “terrible” and vowing, “We will stop this.” His comments, in which he described German trade practices as “bad, very bad,” raise questions about the state of trade between the U.S. and Germany, as well what means he has […]
17 hours ago
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Guess who else doesn’t love the American Health Care Act?

Another group is concerned about the American Health Care Act after the Congressional Budget Office concluded the legislation would cause 23 million people to lose their health insurance and drive premiums up: health care companies.   “It’s hard to find good news in this report for anyone in the health care industry,” said Tom Bulleit, […]
17 hours ago
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Ford's ex-CEO driving off with $51M exit package

DETROIT — Ford’s former CEO Mark Fields is leaving the company with an estimated $51.1 million in cash, stock awards and pension benefits. Fields, 56, retired earlier this week after three years as CEO. Ford made record profits during his tenure but its stock price dropped nearly 40 percent on investors’ concerns about the company’s […]
1 day ago
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Companies pull ads from Sean Hannity's show

Fox News Host Sean Hannity speaks during the annual Conservative Political Action Conference (CPAC) in Maryland on March 4, 2016. Getty NEW YORK — Sean Hannity says a media watchdog is guilty of “liberal fascism” for targeting advertisers on his Fox News Channel show. On Wednesday, one company announced that it would no longer advertise […]
1 day ago
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Another Memorial Day, and more motorcycle deaths

Michael “Mitch” Neary Jr. was speeding down a Trenton, New Jersey, street in early May when a car turned in front of him at a traffic light. His Harley-Davidson slammed into the driver’s door with a “horrific impact,” according to a news story, leaving parts of his bike strewn across the street. Neary died from […]