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Banking

“Toyota recalls 3.2 million vehicles worldwide over fuel pump problem”

“Toyota Motor Corp <7203.T> said Wednesday it is now recalling 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling… The automaker told the U.S. National Highway Traffic Safety Administration in January it was… Continue Reading…

Economy

“5 parts of the economy most at risk from coronavirus”

“Financial markets U.S. stocks have suffered their worst week since the depths of the 2007-08 financial crisis as investors flee for safety. All three major U.S. stock indexes have dropped at least 10 percent from their most recent peaks, abruptly… Continue Reading…

Stocks

“Tesla Stock Jumped 20%. It Makes No Sense.”

“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…

Business, Stocks

“Tesla Tops $100 Billion as Record Run Lifts Market Value Past Volkswagen”

“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion… Continue Reading…

Investing, Stocks

“AutoZone Shows Market Leadership With Jump To 88 RS Rating”

“On Wednesday, AutoZone (AZO) hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 88, up from 80 the day before. When you’re researching the best stocks to buy and watch, keep a close on… Continue Reading…

Banking, Economy

“More borrowers are going underwater on car loans”

“Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred to as negative equity, or being underwater—can… Continue Reading…

Business

“Takata Airbag Failure Forces 12,663 BMW 3 Series…” [Recalled]

“There’s a new type of Takata airbag failure to worry about on top of the recall that recently affected at least 37 million cars worldwide. BMW Australia initiated a voluntary recall of 12,663 E46-generation 3 Series cars following two separate airbag-related incidents… Continue Reading…

Business, Economy

“Workers celebrate deal with GM, show union power in industry”

“Details of the four-year pact weren’t released, but GM’s latest offer to end the monthlong strike included wage increases and lump-sum payments, top-notch health insurance at little cost to workers, promises of new products for many U.S. factories and a… Continue Reading…

Economy, Investing

“…fill up on gas on Monday mornings (and never on Friday afternoons)”

“Want to save money at the pump? Fill up on Monday morning on your way to work… In a study provided exclusively to USA TODAY, GasBuddy assessed the best day to fill up and the worst day to fill up… Continue Reading…

Business, Economy

“US retail spending rebounds in February, driven by autos”

“The unexpectedly strong month for the key retail sector helped recover losses after December’s worrisome slump, according to the Commerce Department… Total retail sales rose 1.6 percent to $514.1 billion, well above the 0.9 percent economists had been expecting. The… Continue Reading…