L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.
Online holiday spending rises with discounts, AI chatbots, Adobe says
Alistair Berg | Digitalvision | Getty Images Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases. Sales on retailers’ websites and apps totaled $241.4 billion from Nov. 1 to Dec. 31, according to Adobe. The company’s […]
Stellantis reveals redesigned Ram heavy-duty trucks
2025 Ram 2500 Heavy Duty Ram DETROIT — Stellantis has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a […]
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.
J&J says lung cancer drugs Rybrevant and Lazcluze extend survival
Niels Wenstedt | Getty Images Johnson & Johnson on Tuesday said its lung cancer regimen keeps people alive for at least a year longer than AstraZeneca‘s Tagrisso, the go-to drug for a certain type of lung cancer. J&J in a statement said its drugs – Rybrevant and Lazcluze – showed a statistically significant and clinically […]
10-year Treasury yield drops for first time in five sessions during shortened trading
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.
NHL plans to host two outdoor games in Florida in 2026
Sean Pavone | Istock | Getty Images Outdoor hockey in Florida? The National Hockey League says it is up for the challenge. The NHL announced Wednesday that it will host its first outdoor games in the Sunshine State. The league will feature two matchups next year, one as part of the Winter Classic, followed by […]
December jobs report forecast is 155,000 but here’s the number investors really should watch
Rising unemployment prodded the Federal Reserve to cut interest rates last fall despite lingering inflation — and the jobless rate could still be the deciding factor for future rate cuts.
From Japan to St. Lucia, here’s where airfare is falling in 2025
Tourists take photos in Shinsekai with Tsutenkaku tower in sight in Osaka, Japan, on December 12, 2024. Kichul Shin | Nurphoto | Getty Images Planning an international trip this year? You could be in luck, if you’re willing to fly far. Long-haul trips are cheaper than last year, according to data released this week from […]
Used car prices set to stabilize in 2025 after pandemic volatility
Used Honda Pilots are displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty Images Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024. Auto data and logistics firm Cox […]
