Tesla EVs recharge at a Tesla Supercharger station on July 2, 2026, in South Pasadena, California. Mario Tama | Getty Images Prices for used electric vehicles are doing something unusual — and the dynamic poses both good and bad news for consumers, according to automotive experts. Generally, used car prices depreciate over time. Indeed, as…
Gas prices are rising again following a sharp escalation of the war in Iran. And as Americans look for ways to save money at the pump, many are turning to Costco’s gas stations for cheaper fuel. Demand for Costco’s gasoline reached record levels during the quarter ended May 10, though the company didn’t disclose sales…
Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Tesla reported earnings after the bell. Here’s how the company did, compared with estimates from analysts polled by LSEG: Here’s how the company did compared to Wall Street expectations, according to estimates from analysts polled by LSEG Earnings per share: 33 cents…
A “Coming Soon” sign outside a home for sale in Hercules, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage rates continued their climb last week, but homebuyers trickled back into the market, perhaps taking advantage of less competition and some price cuts. That helped push total mortgage…
Consumer prices pulled back in June on the heels of lower energy and gasoline prices, a reversal after moving sharply upward in recent months due to the Iran war. However, inflation risks re-igniting in coming months amid renewed hostilities between the U.S. and Iran, economists said. The consumer price index, an inflation barometer, rose 3.5%…
Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was…
