Cars have become unaffordable for many Americans. Here’s what the numbers show.
At today’s prices and rates, even the average used vehicle can exceed some commonly used affordability measures.
Markets
Corn Collapse on Wednesday, as USDA Reports Larger than Expected Stocks
Net farm income, a broad measure of profits, is forecast to decline in 2026. Forecast at $158.4 billion for the calendar year, net farm income would be $4.3 billion (2.6 percent) lower than in 2025 (not adjusted for inf…
Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that price growth remained a concern despite the latest data coming in cooler than economists predicted.
AI race heats up as OpenAI flags alleged model-copying campaign
OpenAI says it identified an attempt to extract protected reasoning from its AI models, linking part of the activity with China’s Moonshot AI.
FDA approves CAMZYOS for pediatric obstructive cardiomyopathy
The expanded indication covers pediatric patients weighing 30 kg or more, while treatment remains subject to heart-function monitoring.
Trump’s AI lunch included every major tech company. Except Apple
When President Donald Trump gathered execs from the world's most powerful tech companies in the White House on Tuesday to discuss the future of artificial intelligence, one company was conspicuously absent: Apple.
Petrox Resources closes power generation agreement acquisition
Calgary, Alberta--(Newsfile Corp. - September 30, 2026) - Petrox Resources Corp. (TSXV: PTC) ("Petrox" or the "Company") announces that, further to its news release of August 28, 2026, it has closed the assignment, nova…
Micron forecasts stronger first quarter as AI demand accelerates
Artificial intelligence infrastructure spending continues to reshape the semiconductor industry, and three companies remain at the center of that transformation: Nvidia, Micron, and Qualcomm. Each company operates in a …
Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Micron reported better-than-expected quarterly results on Wednesday as the memory maker continues to benefit from soaring demand for AI infrastructure. The stock rose slightly in extended trading.
California Gov. Gavin Newsom bans AI 'robo bosses' in landmark state law, reversing his earlier veto
California Governor Gavin Newsom has banned 'robo-bosses' from firing workers, the first U.S. state with such a law.
Micron Guidance Could Decide Whether the AI Memory Rally Has More Room
One of the leading memory-chip manufacturers, Micron Technology, will report its fiscal fourth-quarter results today after the US market close. The report could prove to be one of the most important tests yet for the on…
Fed watchdog finds renovation failures, but no grounds for criminal referral
The Federal Reserve's inspector general determined management and oversight failures contributed to major cost overruns in the central bank's headquarters renovation, but found no grounds for a criminal referral, it sai…
CGDG Crosses Critical Technical Indicator
In trading on Wednesday, shares of the Capital Group Dividend Growers ETF (Symbol: CGDG) entered into oversold territory, changing hands as low as $37.11 per share. We define oversold territory using the Relative Streng…
DGIN Crowded With Sellers
In trading on Wednesday, shares of the VanEck Digital India ETF (Symbol: DGIN) entered into oversold territory, changing hands as low as $34.50 per share. We define oversold territory using the Relative Strength Index, …
MP Materials Heavy Rare Earth Push Opens a New Growth Engine
In the first-of-its-kind deal, Apple and MP Materials will launch an all-new recycling facility for processing recycled rare earth elements
Sen. Hawley: OpenAI CEO Sam Altman declined to testify at rogue AI hearing
A Senate subcommittee on Wednesday is examining rogue AI, after a series of AI cyberattacks and increasing warnings about the risks of the technology.
Trump 'thinking about' diesel export ban, but says it could have 'negative impact' on gasoline
President Donald Trump on Wednesday said he is still "thinking about" banning diesel exports in an attempt to get a handle on high energy prices, but noted that doing so may have a "negative impact on gasoline."
David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.
Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth says
The Pentagon is tapping Tesla and SpaceX CEO Elon Musk, defense technology entrepreneur and Anduril co-founder Palmer Luckey and former House Speaker Newt Gingrich to identify the military capabilities, technologies and…
Progress earnings beat by $0.17, revenue fell short of estimates
Global satellite communications provider Viasat (NASDAQ:VSAT) missed Wall Streetâs revenue expectations in Q2 CY2026, with sales falling 1.2% year on year to $1.16 billion. Its non-GAAP profit of $0.17 per share was 7…
I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing?
I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing? “I have $152,000 in my IRA and Roth accounts.” Read at source
Meta stock enjoys best month since 2022 on AI momentum
Meta's stock just wrapped its best month since 2022 as investors cheer the social media giant's recent momentum in artificial intelligence.
Genworth Financial (GNW) Shares Cross Below 200 DMA
In trading on Wednesday, shares of Genworth Financial, Inc. (Symbol: GNW) crossed below their 200 day moving average of $9.10, changing hands as low as $8.93 per share. Genworth Financial, Inc. shares are currently trad…
U.S. bond yields post biggest jump in a generation as global rout rattles investors
Yields in the global bond market have risen with startling speed over the past few months, and the more than $30 trillion market for U.S. government debt certainly hasn’t been immune.