A 'perfect storm' points to a much smaller U.S. auto market by 2040
The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.

The auto industry is selling fewer cars--one forecaster says this is a fundamental change, and it is going to get worse.
Iran says it targeted U.S. military facilities in Kuwait and Bahrain following U.S. strikes on targets in and around the Strait of Hormuz.
Many seniors may be unaware of the landmark coverage shift starting on July 1, with limited advertising seen from the government or Eli Lilly and Novo.
It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.
Demand for whey protein is off the charts as American diet trends change and GLP-1s boom, and the dairy industry is struggling to produce enough.
While Apple and Microsoft raise prices on key devices to help cover the soaring costs of memory, smaller consumer electronics companies are in dire straits.
Investors are increasingly rolling money from 401(k) plans to IRAs. Some observers fear they're exposed to poor investment advice.
Some no longer see renting as a temporary stop on the path to homeownership but rather a long-term lifestyle choice, reflecting a shift in the American Dream.
‘Heated Rivalry’ has helped gay romance stories gain mainstream attention, with women driving much of the fandom.
"We're selling [almost] as much protein cold foam as we do flat whites," Starbuck's EMEA Manager of Beverage Development Sam Henderson told CNBC.
Amid volatility in global markets, top analysts can help investors look past near-term noise and pick attractive stocks with long-term potential.
Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq's recently adopted fast-track inclusion framework.
Some state-sponsored programs paved the way for Trump Accounts, the new tax-deferred investing accounts for children.
It's jobs week, and Nike has a pivotal earnings report and a long-awaited breakup is complete.
From concerts to train reservations, automated bots have become the latest target in the fight against ticket scalping.
Abel, a longtime Iowa resident who was born in the Canadian city of Edmonton in 1962, was among the roughly two dozen people from 16 countries who participated in an annual naturalization ceremony hosted by the Iowa Cubs Thursday night in Des Moines.
Tim Cook said last week that Apple would hike prices due to surging memory and storage costs.
As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.
Allspring Global Investments is pushing clients toward countries with central banks that are raising interest rates or have different inflation dynamics.
The SpaceX IPO euphoria is over, but the bullish trend in space economy jobs remains in place within a labor market where many other sectors have slowed hiring.
GE Vernova turbines are powering Elon Musk's xAI Colossus 1 data center and Microsoft just bought seven to power its data center in Texas.
Kohl's went from a household name to a plunging stock as it lost relevancy and its core customer. Now, the company is trying to turn itself around.
Cassandra Tresl and Alex Ninman moved in with Tresl's grandfather in the Czech Republic in 2020 and closed on a house in Abruzzo, Italy, in 2022.
It could have been a big week for bond bears, if it weren't for crude oil.