Does anyone else remember when $50,000 could get you a pretty luxurious new car? According to Kelley Blue Book, those days are long over: In July, the average new car sold in the U.S. cost $48,182 he… [+1814 chars]
Gasoline prices in the United States have fallen for 57 consecutive days since reaching a high of more than $5 a gallon in June. The national average price of gas was $4.01 on Wednesday, according t… [+719 chars]
Mobile software company AppLovin has offered to buy Unity for $17.5 billion. According to Reuters, the mobile software developer from Palo Alto, California has put in an all-stock bid for Unity the … [+1900 chars]
Federal regulators have quashed LTD Broadband's controversial efforts to become a major provider of rural broadband in Minnesota and several other states, leaving the buildout program in limbo. LTD,… [+4718 chars]
Elon Musk on Tuesday disclosed in six filings that he sold $6.85 billion worth of Tesla, Inc. TSLA shares on Aug. 5. He later took to Twitter to clarify that the disposals were a preemptive move to m… [+2404 chars]
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV o… [+7761 chars]
Nikola CEO Mark Russell will retire at the end of the year, the company announced Wednesday. Russell will be replaced by Michael Lohscheller, formerly the CEO of German automaker Opel, who joined Ni… [+1457 chars]
A Deliveroo rider near Victoria station on March 31, 2021 in London, England. Losses at British meal delivery firm Deliveroo swelled in the first half of 2022 while revenue growth slowed dramaticall… [+4002 chars]
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest pr… [+2397 chars]
A look at the day ahead in markets from Alun John Fed policymakers surged out of the traps last night, telling markets not to get too excited by the cooler-than-expected inflation reading, but to li… [+1906 chars]
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+3866 chars]
Check out the companies making headlines before the bell: Wendy's (WEN) Wendy's shares fell 1% in premarket trading following a mixed quarter, which saw the restaurant chain report better-than-expec… [+2004 chars]
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