ArcaMax

The price of used Teslas dropped faster than any other auto brand in the past year, a new report says.

ISeeCars.com — trackers of used-car sales — says the average price paid for a used Tesla was down 8% to $30,708. ...Read more

Companies are eliminating the grunt work that used to train young professionals — and they don’t seem to have a clear plan for what comes next.

AI is analyzing documents, writing briefing notes, creating Power Point ...Read more

Just a week after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal, the bank’s CFO detailed new growth plans.

Over the past five years, risk and control work was the bank�...Read more

Nvidia Corp. Chief Executive Officer Jensen Huang projected that Europe’s artificial-intelligence computing capacity will increase by a factor of ten over the next two years, with more than 20 so-called AI factories in ...Read more

Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Los Angeles company that’s been around for more than two decades.

The company, DDN, helps ...Read more

Underlying U.S. inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are largely holding back on passing higher tariff costs through to consumers.

The consumer price index, ...Read more

I've written many columns explaining how Social Security benefits are figured. So, I'm not really going to do that today. Instead, I'm going to answer some emails from readers that get into some quirky features of the ...Read more

The U.S. and Mexico are closing in on a deal that would remove President Donald Trump’s 50% tariffs on steel imports up to a certain volume, according to people familiar with the matter, a revamp of a similar deal ...Read more

LOS ANGELES — After four days of protests, shopkeepers in downtown Los Angeles began on Tuesday to sweep up glass, board up windows and try to make sense of the violence that erupted during the demonstrations against ...Read more

A Minneapolis woman is suing Delta Air Lines, claiming the airline is responsible for a drunk passenger assaulting her on an October flight from Puerto Rico to Atlanta.

Minnie Holmes, 72, filed a federal lawsuit last week...Read more

Boeing delivered 45 airplanes in May and booked 303 gross orders, its largest monthly order count since December 2023.

The bulk of those orders came from Qatar Airways, which signed a deal for 120 787 planes and 30 777Xs ...Read more

Two years ago, the U.S. Department of Justice accused a Pennsylvania bank of redlining — avoiding lending in majority-Black and Hispanic neighborhoods in and around Philadelphia.

ESSA Bank & Trust, based in Stroudsburg,...Read more

General Motors Co. plans to invest $4 billion to move production from Mexico to three plants in the United States, including its Orion Assembly Plant in suburban Detroit, three sources familiar with the situation told The ...Read more

Last month, Georgia Power and the Public Service Commission’s public interest staff announced they had struck a preliminary deal to keep the company’s current base rates steady for the next three years.

Speaking at a ...Read more

U.S. data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month.

Total power usage in the U.S. is expected to climb 2.15% in ...Read more

General Motors Co. topped crosstown rival Ford Motor Co. to take the No. 2 spot in U.S. electric vehicle sales for the first five months of 2025.

The Detroit automaker announced 62,000 EVs sold this year through May. ...Read more

For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.

The Santa Monica, California-based tech company ...Read more

Rideshare companies like Lyft and Uber could soon be forced to pay Chicago drivers more if an ordinance up for debate Thursday moves ahead, a change the companies say would cause the cost of rides to skyrocket for ...Read more

CHICAGO — Illinois lawmakers ended their spring legislative session without finding a way to plug the gaping $771 million budget gap facing the Chicago region’s mass transit systems next year.

Thousands of jobs hang ...Read more

WASHINGTON — Michigan's U.S. Sen. Elissa Slotkin stood out last month as the only Senate Democrat to join Republicans in voting to kill California’s influential, nation-leading electric vehicle sales rules.

Her break ...Read more