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Econometer: Is it a good idea to limit Federal Reserve rate guidance?
New Federal Reserve Chair Kevin Warsh recently told Congress he would provide less guidance about the Fed’s next interest rate moves than his predecessors.
It’s common for Fed chairs to forecast thoughts on if rates may come up or down. Yet Warsh’s first policy statement dropped guidance on the future path of rates.
One concern is less ...Read more
Auto review: 2026 Hyundai Sonata hybrid is the stylish luxury car that makes high gas prices vanish
When an automotive journalist drives somebody else’s car, the price of gas might not be top of mind. However, when said journalist takes a summer trip to visit relatives, state parks, and his old hometown, gas prices matter.
That's why this journalist took advantage of the opportunity to test-drive the 2026 Hyundai Sonata Hybrid Limited. It ...Read more
Larry Printz: Range Rover is betting the future of luxury isn't an SUV. It's a Grand Tourer
GAYDON, England — This week witnessed another luxury automobile unveiling. Yet this time, it seems to have wandered off script. Range Rover, the company that became fabulously wealthy convincing the world's affluent that every trip to the opera required eight inches of ground clearance and enough suspension travel to cross the Kalahari, has ...Read more
Auto review: 2026 KIA K4 Hatchback offers more than expected
Even chart-topping commuter vehicles are held to lower expectations by consumers than other types of vehicles. They serve a purpose, are relatively inexpensive, and have limited frills and no thrills.
But KIA has gained tremendous traction in this market segment in recent years with redesigns, new model roll-outs and expansive hybrid options, ...Read more
Ford Custom Garage grows as 'easy button' for personalization
BROOKLYN, Michigan — In the year after Ford Custom Garage launched, offering special vehicle packages outfitted by dealers and upfitters before delivery to customers, sales have more than tripled this year over the last.
The channel, one of three under the Ford Customization division, offers personality and performance at an affordable price ...Read more
Las Vegas bets big on the booming wellness economy
Inside Raeya Wellness in Boca Park, guests are greeted by soft earth tones, curved organic designs and attendants who speak in hushed voices. The atmosphere feels more like a luxury retreat than a medical office.
Founder Kelley Nemiro has built a wellness brand around that experience. With more than 85,000 followers on Instagram, where she ...Read more
Futuristic design or stability? Engine makers diverge as Boeing looks ahead
FARNBOROUGH, England — Airbus and Boeing are each considering their next new aircraft programs, and the competition for who will make those engines is heating up.
CFM International, a 50/50 joint venture between GE Aerospace and France-based Safran Aircraft Engines, has bet big on a futuristic open-fan design which, unlike conventional ...Read more
How climate change could redraw California's wine map
It was Labor Day 2017, and the remote thermometer at McIntyre Estate Vineyard in Monterey County’s Santa Lucia Highlands was registering a noontime temperature Steve McIntyre couldn’t quite believe: 104 degrees.
McIntyre jumped in his car, hoping the sensor was broken. Twenty miles later he stepped out into the searing air at his vineyard ...Read more
Meet the Minnesota man winning your prediction market wagers
Caleb Davies holds a rare title in the prediction market world: Millionaire winner.
The middle-aged suburban dad relies on a skilled background in finance and tech, plus computer forecasting tools he personally developed, to put real stakes on some of his biggest interests. These days he primarily plays in so-called culture markets, which let ...Read more
Auto review: The Toyota GR Corolla hellion is a hoot. But is it practical?
MEMPHIS ― Is candy food? Is the 2026 Toyota GR Corolla transportation?
Inspired by Toyota’s Gazoo Racing division, the hell-raising hot hatch is a daily sugar high. WAUUUURGH! I nailed the throttle out of my cul-de-sac into the twisties. WAUUUURGH! I nailed it onto the I-75 on-ramp north to Auburn Hills. WAUUUURGH! I stomped on it out of a ...Read more
Peacock streaming service finally turns a profit as Comcast moves to spin off NBCUniversal
Peacock, NBCUniversal's streaming service, reached profitability for the first time, boosted by FIFA World Cup, NBA playoffs and reality dating show "Love Island USA."
The milestone comes as Comcast Corp. prepares to spin off NBCUniversal entertainment and news media businesses into a separate company. Peacock, which launched in 2020, grew its ...Read more
OpenAI models break out of test environment, hack company to steal answers
An autonomous AI agent powered by OpenAI models escaped a testing environment designed to isolate it from the internet and hacked another company’s systems to steal answers to a cybersecurity test, an “unprecedented” breach that demonstrated how AI agents can evade their developers’ controls in pursuit of assigned goals.
OpenAI said the...Read more
Heat worries US wheat farmers just as crop prices surge
For farmers in North Dakota surveying their wheat as harvest closes in, scorching heat is threatening yields just as crop prices rise to a three-year high.
A recent spate of 100-degree days is stressing fields in the key U.S. wheat-growing state while escalating attacks between Russia and Ukraine put exports at risk in the Black Sea.
“I’m ...Read more
Google fined €890 million by EU over search, Play Store breaches
Alphabet Inc.’s Google was fined a total of €890 million ($1 billion) by the European Union for violating the bloc’s Digital Markets Act, in a decision that has inflamed tensions with U.S. President Donald Trump’s administration.
The European Commission said Thursday that Google had unfairly favored its own search services and prevented...Read more
15% more for a Mickey beignet? Sticker shock hits Disneyland customers over food price increases
The "Happiest Place on Earth" this month quietly raised prices on more than 800 menu items across 178 dining locations in its two Anaheim theme parks as well as its resort hotels.
Price hikes at Disneyland are a regular occurrence. But the creeping cost of food this summer has prompted some frustration, even as the company has sought to court ...Read more
Despite tax credits, filming in LA is still sluggish
Tax incentives for film and television productions have not been enough to counter a still-sluggish environment for filming in the greater Los Angeles region, according to a new report.
For the three-month period that ended June 30, there were a total of 4,711 shoot days in the greater L.A. area, a nearly 13% decline from the same time last ...Read more
If you watch YouTube, it may owe you $100
California residents surprised by YouTube account fees appearing on their bank statements might be getting some cash back.
The company owned by Google agreed to a $7.5 million settlement in a class action lawsuit that alleged the company violated California's automatic renewal law when renewing YouTube TV subscriptions.
In the suit, the ...Read more
Judge approves Anthropic's $1.5 billion settlement with authors
Anthropic will pay $1.5 billion to authors whose pirated books it used to train its AI in the largest copyright settlement in U.S. history.
Federal Judge Araceli Martinez-Olguin in Oakland, California, granted final approval of the settlement Monday. The record payout was a modest win for copyright holders, setting a precedent as a wave of AI-...Read more
They got their LA rentals ready for the World Cup. Did it pay off? For some, absolutely
LOS ANGELES — The 2026 FIFA World Cup has wrapped, but some Angelenos who rented their homes to fans are still tallying up profits from a month of soccer frenzy in the city.
Driven by projections of massive tourism and a $750 first-time host incentive from Airbnb, many local property owners expected a sizable payout. While some savvy owners ...Read more
Michael Hiltzik: Trump's selling Wall Street early access to his Truth Social posts is ethically repugnant, but may be legal
Donald Trump's latest scheme to monetize his presidency — selling Wall Street traders the right to an early peek at his posts on his Truth Social platform — has raised two important questions.
First, isn't this insider trading? And second, if it isn't illegal, shouldn't it be?
Here are the short answers: Probably not. And yes, it certainly...Read more
Popular Stories
- US set to impose new tariffs by Friday with stopgap to expire
- 15% more for a Mickey beignet? Sticker shock hits Disneyland customers over food price increases
- OpenAI models break out of test environment, hack company to steal answers
- If you watch YouTube, it may owe you $100
- Las Vegas bets big on the booming wellness economy









