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Fiat launches tiny EV in US with shockingly low price tag – and one major catch

Business

Fiat launches tiny EV in US with shockingly low price tag – and one major catch

Fiat is bringing its tiny electric Topolino to the U.S., offering American buyers a two-seat neighborhood EV that costs less than many used cars but tops out at just 19 mph.The Stellantis-owned brand announced Tuesday that the Topolino is available to order through select U.S. dealers. It starts at $13,995, or $14,985 after destination fees.The low sticker price comes as vehicles remain historically expensive. Three-year-old used vehicles averaged $31,548 in […]

todayJuly 8, 2026 9

Corporate America backs Trump Accounts as investor Brad Gerstner predicts $100B in new commitments

Business

Corporate America backs Trump Accounts as investor Brad Gerstner predicts $100B in new commitments

Corporate America is pouring support behind the Trump Accounts program, with Altimeter Capital founder, Chairman and CEO Brad Gerstner predicting the initiative will attract more than $100 billion in additional private commitments over the next year as businesses and philanthropists back the new investment accounts for American children.WHAT ARE THE INVESTMENT OPTIONS FOR TRUMP ACCOUNTS?Brad Gerstner joined FOX Business' Maria Bartiromo on "Mornings with Maria," where he pointed to what […]

todayJuly 8, 2026 4

Famed permabear warns SpaceX IPO could be laughed at in 50 years, ‘craziest’ market bet for Main Street

Business

Famed permabear warns SpaceX IPO could be laughed at in 50 years, ‘craziest’ market bet for Main Street

SpaceX has been fast-tracked into the Nasdaq-100 Index, meaning the stock performance of Elon Musk’s rocket company is now directly tied to the retirement accounts, mutual funds and portfolios of millions of everyday American investors.But self-proclaimed market "permabear" and GMO co-founder Jeremy Grantham is heavily skeptical of the company's valuation and long-term investment thesis."Everyone’s lining up to tell you to buy the craziest IPO in the history of man," Grantham […]

todayJuly 8, 2026 3

USPS to raise stamp prices: Here’s what mailing a letter will cost

Business

USPS to raise stamp prices: Here’s what mailing a letter will cost

The cost of mailing a letter will climb again this summer after federal regulators approved another round of U.S. Postal Service (USPS) price increases, including a 4-cent increase in the price of a Forever stamp.The Postal Regulatory Commission on Wednesday approved USPS' proposed mailing services price changes, clearing the way for the new rates to take effect on July 12. The price of a First-Class Mail Forever stamp will increase from […]

todayJuly 8, 2026 1

Why Americans are flocking to this Florida retirement hot spot

Business

Why Americans are flocking to this Florida retirement hot spot

A community on Florida's Gulf Coast has seen a large influx of new residents from the Midwest who are driving the area's rapid growth.The population of Sarasota County, Florida, has grown 12.4% over the five years leading up to April 2025, according to Florida's Bureau of Economic and Business Research (BEBR).Midwesterners have flocked to the community for a permanent move as they approach or begin retirement, following the path taken […]

todayJuly 7, 2026 5

Toyota to invest $3.6B in plant expansion, will shift Tacoma production from Mexico to Texas

Business

Toyota to invest $3.6B in plant expansion, will shift Tacoma production from Mexico to Texas

Toyota is investing $3.6 billion to expand its San Antonio, Texas, assembly plant, a move expected to create about 2,000 new jobs and bring Toyota Tacoma pickup production from Mexico to the Lone Star State.The automaker announced Monday that it will build a second vehicle assembly line at its San Antonio campus, allowing the facility to assemble the Tacoma alongside the Tundra and Sequoia. As part of the expansion, Tacoma production […]

todayJuly 7, 2026 6

Ford recalls more than 110,000 Mustang vehicles over windshield wiper, drivetrain defects

Business

Ford recalls more than 110,000 Mustang vehicles over windshield wiper, drivetrain defects

Ford is recalling more than 110,000 vehicles in the U.S. across two separate safety campaigns after federal regulators identified defects involving windshield wipers and a rear drivetrain component that could increase crash risks.According to the National Highway Traffic Safety Administration (NHTSA), the automaker is recalling 110,626 vehicles in two separate actions affecting certain Mustang, Mustang GTD and Mustang Mach-E models.The larger recall affects 67,842 Mustang and Mustang GTD vehicles. NHTSA […]

todayJuly 7, 2026 3

Average new car payment reaches all-time high as affordability issues persist

Business

Average new car payment reaches all-time high as affordability issues persist

The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy.A new report by LendingTree citing data from Experian for the first quarter of 2026 found that the average monthly payment for a new vehicle rose 2.9% from a year ago to a record of $770.Lease payments on new vehicles rose at a faster rate, rising […]

todayJuly 7, 2026 1

Four states seeking $1.4 trillion in penalties in child social media addiction trial, Meta says

Business

Four states seeking $1.4 trillion in penalties in child social media addiction trial, Meta says

Four states are seeking $1.4 trillion in penalties from Meta over claims that the social media giant designed Facebook and Instagram to be addictive to children and withheld information from the public about the harms the apps pose to young users, Meta said in a court filing on Monday.The case is being brought by California, Colorado, Kentucky and New Jersey. Meta disclosed the trillion-dollar figure in its response to the attorneys general filings on how […]

todayJuly 7, 2026 2