Tesla recalls 1.8 million vehicles over unlatched hood issue
Tesla has issued a recall for more than 1.8 million vehicles after it received reports that the hoods on some were unintentionally popping open. According to a document filed with…
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The housing crunch is still squeezing buyers — but not as badly in these swing-state counties
Homes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race could be decided. But market conditions in six key swing…
The first Fed interest rate cut in years is on the horizon. Here’s what you need to know.
The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small cuts in rates could make a meaningful…
U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led to lower fares and reduced profits despite strong…
Family offices are giving top staff equity, profit shares in battle for talent
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions,…
McDonald’s says $5 value meal sales are hot as consumers feel ‘pinch’ of inflation
McDonald’s ‘$5 Meal Deal’ appears to be bringing back bargain-hungry customers amid broadly higher post-pandemic food prices. The fast-food giant reported profit and sales Monday that missed analysts’ expectations, acknowledging…
AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store…
Apple releases first preview of its long-awaited iPhone AI
Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software…
Extreme heat makes flying harder. Airlines and airports say they aren’t sweating it.
It’s been another summer of record-smashing temperatures and record-smashing air travel. Airports and airlines say they can handle both. U.S. airlines expect to transport 271 million passengers worldwide this summer,…
‘Make Bitcoin Great Again’: Trump and GOP’s presence looms over annual crypto gathering
NASHVILLE — Charlene Brown arrived at the first full day of Bitcoin 2024 at the Music City Center convention complex with two signs in hand: “Orange Man Good” and “Bitcoin Don.” …