CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Small accounts, big decisions: How multiple savings impact retirement payout choices
New study shows that retirees are more likely to cash out smaller retirement accounts instead of turning them into steady income streams, even though they might do the opposite with larger accounts. This choice can hurt their long-term financial secu.....»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»
Researchers are commercializing technology to turn waste into plastic-free, biodegradable packaging
Seafood is a major industry in New England. It generates a lot of revenue for coastal communities, but with that productivity can come a lot of waste......»»
The Substance review: the grossest movie of 2024 is also one of its best
Demi Moore plays an aging actress who falls into a mutating nightmare in the superbly disgusting satire The Substance......»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
Support for Taylor Swift get-out-the-vote efforts falls after Super Bowl conspiracy theory
Support for Taylor Swift get-out-the-vote efforts falls after Super Bowl conspiracy theory.....»»
Is a long empty Wichita Falls restaurant set to reopen soon? Permits point to "yes"
Is a long empty Wichita Falls restaurant set to reopen soon? Permits point to "yes".....»»
Aversion to inequality drives support for redistribution policies, study finds
As income inequality widens, debates around redistribution policies are heating up. New research from the Universities of Zurich, Lille and Copenhagen reveals that support for these policies stems not only from individuals' financial situations but a.....»»
Enrollment of undocumented students at California universities dropped from 2016 to 2023, finds study
Enrollment of low-income, undocumented students declined by half at University of California and California State University campuses from 2016 through the 2022–23 academic year, according to a new study by the University of California Civil Rights.....»»
Door falls off plane, lands in Myrtle Beach yard. It makes an emergency landing at airport
Door falls off plane, lands in Myrtle Beach yard. It makes an emergency landing at airport.....»»
Can toddlers help explain the origins of our bias for wealth?
Income and wealth inequality in the U.S. remain near all-time highs. Analysts say this disparity is a "major issue of our time." Experts have spotlighted deep policy failures fueling the problem and helpful economic fixes to alleviate the suffering......»»
A Global Initiative to Advance Sickle Cell Research Could Benefit Millions
Increased funding and new public health policies for sickle cell research are needed to ease the burden on low-income nations and improve patient care.....»»
Michael Vick says his NFL retirement income is over six figures — why it"s important to know your benefits
Michael Vick says his NFL retirement income is over six figures — why it"s important to know your benefits.....»»
Denver"s experiment in providing a soft landing for newly arrived migrants is expensive but necessary, says researcher
The burden of supporting asylum-seekers with food and housing often falls to cities, creating severe budget crunches. But Denver is piloting a new approach designed to integrate immigrants into the workforce faster......»»
Storm Boris toll rises to 22 in central Europe
The death toll in the extreme weather and flooding let loose by Storm Boris in central Europe has risen to 22, authorities said on Tuesday, after three more victims were reported in Poland and one in Austria......»»
Storm Boris toll rises to 21 in central Europe
The death toll has risen to 21 in the extreme weather and flooding let loose by Storm Boris in central Europe, authorities said Tuesday after two more victims were reported in Poland and one in Austria......»»
People underestimate the income of the top 1%, researchers find
People selectively underestimate how rich the world's richest people are, according to a study. Increasing income inequality in many countries is driven by steep gains among the top 1% of earners. In the United States, support for policies that would.....»»
Portugal battles ferocious wildfires as toll rises to seven
Thousands of firefighters on Tuesday battled wildfires in Portugal that have killed seven people and burnt more land in a matter of days than the rest of the summer combined......»»
Global warming"s economic blow: Risks rise more rapidly for the rich, study finds
In a new study by the Potsdam Institute for Climate Impact Research (PIK), researchers analyzed how erratic weather events, increasingly intensified by global warming, affect global production and consumption across different income groups. The paper.....»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»