The financial news that actually matters
A year ago, roughly one in five Americans said they would consider buying an electric vehicle. Now the number is closer to one in four, and the reason is showing up on gas station price signs across the country. Consumer interest in EVs has climbed to 24 percent, according to Cox Automotive’s Q1 2026 Consumer…
Amazon Web Services has been here before. Heavy spending on data centers, a surge in demand tied to a new technology wave, and then years of expanding profits as customers fill the capacity. The pattern played out during the enterprise cloud migration of the mid-2010s and again during the pandemic-era digital rush. Now, with artificial…
Filling up the car keeps getting more expensive, and the White House just signaled it doesn’t expect relief anytime soon. On April 24, 2026, President Trump extended an emergency waiver of the Jones Act for another 90 days, allowing foreign-flagged tankers to haul oil and natural gas between U.S. ports. The move is a tacit…
When Nvidia’s share price ticked past $203 on October 29, 2025, the numbers on trading terminals spelled out something that had never happened before: a single chipmaker was worth $5 trillion. Six months later, the figure still defies easy comprehension. One company, headquartered in a glass-walled campus in Santa Clara, California, now carries a valuation…
Nvidia shareholders waited six months for a new high. Intel, of all companies, delivered it. Shares of Nvidia closed at a fresh all-time record on Thursday, April 24, 2026, snapping a prolonged stretch of sideways trading that had persisted since the chipmaker’s previous peak in October 2025. The breakout was not sparked by anything Nvidia…
The safety net is gone, and the fall is getting steeper. Foreclosure filings across the United States surged 26% in the first quarter of 2026 compared to the same period a year earlier, while completed bank repossessions of homes spiked 45%, according to a quarterly report published by ATTOM, a national property data analytics firm,…
Starting April 26, 2026, every package shipped through the U.S. Postal Service will cost more. A new 8% fuel surcharge on Priority Mail, Priority Mail Express, Parcel Select, and other parcel products will add roughly $1.24 to a five-pound Priority Mail box that previously ran about $15.50, and the markup scales with weight and distance….
The average rate on a 30-year fixed mortgage fell for the third consecutive week, landing at 6.76% in Freddie Mac’s Primary Mortgage Market Survey for the week ending May 1, 2026. That marks the lowest weekly reading since mid-March and a meaningful step down from the 6.95% average recorded just three weeks earlier. The decline…
The federal government owes importers roughly $166 billion. Consumers who spent the past year paying inflated prices on electronics, clothing, shoes, and auto parts will almost certainly never see a dime of it. That is the practical fallout of a landmark ruling by the U.S. Court of International Trade, which found that President Trump’s “Liberation…
Filling up a mid-size SUV now costs north of $60 in most of the country, and the number keeps climbing. Regular gasoline hit $4.11 per gallon nationally in the U.S. Energy Information Administration weekly retail price report for the week ending April 21, 2026, the highest level since the post-invasion spike of 2022. The culprit,…