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Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output

July 6, 2023 / no comments

Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers.

Goodbye, Volkswagen: China’s New EV Winners

July 6, 2023 / no comments

The new top dogs in China’s electric vehicle market are starting to thin out the pack. Tesla is in the running, but most other foreign brands aren’t.

In Beverly Hills, Even the Cheapest Homes Cost Millions

July 6, 2023 / no comments

Home to L.A.’s most expensive houses, 90210 is outranked by just two other ZIP Codes as the priciest place to live in the U.S.

Ex-Prisoners Face Headwinds as Job Seekers, Even as Openings Abound

July 6, 2023 / no comments

An estimated 60 percent of those leaving prison are unemployed a year later. But after a push for “second-chance hiring,” some programs show promise.

AI Boom Stems Tech’s Downturn

July 5, 2023 / no comments

Excitement over artificial intelligence is proving to be a powerful counterforce for a tech economy that had been slowing, lifting share prices and growth outlooks at many giants—and igniting new startups.

Meta Launches Threads, Betting Instagram Mojo Can Take on Twitter With New App

July 5, 2023 / no comments

In a post ahead of a global launch, Mark Zuckerberg greets all: ‘Let’s do this. Welcome to Threads.’

Are Airline Credit Cards Worth It?

July 5, 2023 / no comments

Getting extra miles and points through spending can be valuable, but there are plenty of pitfalls.

Don’t Sell Edibles That Look Like Doritos, Federal Officials Tell Companies

July 5, 2023 / no comments

The FTC and FDA warned six companies to stop using packaging that resembles popular children’s snacks.

As Greedflation Starts to Fade, Wageflation Creeps In

July 5, 2023 / no comments

Softer demand, more supply and rising labor costs all take the air out of profit margins.

Desire for Interest on Deposits Is Bad for Main Street Banks

July 5, 2023 / no comments

Community banks expected the Fed’s interest-rate increases to help them, but instead they are hurting.

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