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Categories Business

Housing, inflation, interest rates and more: What to expect in the 2024 economy

Author December 27, 2023

A slowdown — but no recession. That’s the broad consensus for the economy among experts as we head into 2024. After a post-pandemic

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Categories Business

Americans ramped up spending during the holidays despite some financial anxiety and higher costs

Author December 27, 2023

Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some

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Categories Business

Honda recalls more than 2.5 million cars over potential fuel pump issue

Author December 23, 2023

Honda is recalling more than 2.5 million vehicles over potentially faulty fuel pumps. In documents posted on the National Highway Traffic Safety Administration’s

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Categories Business

U.S. engine maker facing largest Clean Air Act penalty ever over emissions test cheating accusations

Author December 23, 2023

Engine manufacturer Cummins Inc. has agreed to pay a $1.675 billion penalty for allegedly installing ‘defeat devices’ on approximately 1 million pickup

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Categories Business

Tesla recalls 120,000 vehicles over potentially faulty doors that could open in a crash

Author December 23, 2023

Tesla is recalling more than 120,000 vehicles over doors that fail to comply with U.S. government regulations. In a letter posted on the

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Categories Business

Honda recalls thousands of hybrids over electrical issue that could lead to fires

Author December 22, 2023

Honda is recalling about 106,000 CR-V hybrid sport-utility vehicles for model years 2020 through 2022. At issue is a 12-volt battery cable that

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Categories Business

Rite Aid wrongfully used facial recognition to accuse customers of shoplifting, FTC says

Author December 22, 2023

The Federal Trade Commission said Wednesday that Rite Aid secretly used facial recognition on customers for nearly a decade and wrongfully accused

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Categories Business

Ikea says products will be delayed due to Red Sea diversions

Author December 22, 2023

Ikea warned of delays on some products due to the mass diversion of shipping containers from the Red Sea over safety concerns. “The

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Categories Business

Consumer confidence pops in the last month of a year that dodged recession forecasts

Author December 22, 2023

Americans are heading into 2024 more optimistic about the health of the economy than they have been in months. The Conference Board reported

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Categories Business

Nearly all of the homes listed for sale in 2023 were unaffordable

Author December 22, 2023

Less than one-sixth of homes listed in the U.S. between January and November were affordable for a typical household, according to Redfin. The

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