Ford Expedition a sales bright spot even amid rush for EVs
Ford’s redesigned three-row Expedition SUV is seeing explosive growth. The Detroit automaker reported Wednesday that it sold 8,724 Expeditions in August, up 53.7% from the same time last year and marking its best sales in 21 years. It’s sold 61,022 of the vehicles so far this year, a 13.1% increase from the same period in […]
‘I have almost no retirement savings’: I’m 57 and have $8K in my 401(k) and $17K in my IRA. Have I left it too late?
“I plan to work until I’m 70.”
Sportsbook CEOs expect record level of betting ahead of NFL kickoff
DraftKings CEO Jason Robins has never been more enthusiastic about the kickoff to the NFL — sports betting’s biggest season. It’s second only to the Super Bowl in terms of importance for acquiring customers and growing the overall betting pool, Robins told CNBC on Thursday at the Bank of America Gaming and Lodging Conference. “The […]
MGM Resorts CEO on Las Vegas slump and U.S. travel
Las Vegas is launching a new campaign to boost tourism after a significant summer slump. The new campaign, “Welcome to Fabulous Las Vegas,” will focus on value for visitors and offer promotions and other incentives at the destination. The city has seen visitation decline for seven consecutive months, with the most recent report from July […]
This group of stocks should trounce the S&P 500, according to a veteran money manager
U.S. stocks are trading at high valuations relative to historical averages, pointing to a long period of weak performance.
Starbucks renovating cafes to be more accessible
As Starbucks revamps its U.S. locations, the coffee chain is trying to make its cafes welcoming to all through more inclusive design. As part of its broader effort to bring back customers, the company has prioritized plans to give makeovers to roughly 1,000 locations by the end of 2026. It will sideline major store renovations […]
My mother, 81, discovered her ‘millions’ in investments are gone. What can I do?
“She’s a very proud woman.”
Quarterly demand for industrial space falls for the first time in 15 years
Owngarden | Moment | Getty Images Five years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play around. It began to slow in 2022, but now economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll […]
Massive Powerball jackpot means big boost for DraftKings
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Powerball fever is spreading as the jackpot hits $1.8 billion, making it the second-largest prize in U.S. lottery history. The enthusiasm for the gargantuan pot is fueling business on Jackpocket, a lottery courier owned by DraftKings and available in 16 states. DraftKings said 15 million […]
Kenvue fights back against RFK Jr.’s Tylenol safety concerns as its stock tumbles
Kenvue rushed to the defense of Tylenol, but the stock still suffered a record selloff on news that RFK Jr. will release a report linking the use of acetaminophen during pregnancy to autism.
