Factory shutdowns due to a global shortage of semiconductor chips have led to fewer vehicles on dealership lots across the U.S. For consumers, the shortage has meant higher prices and spending weeks, if not months, searching or waiting for the vehicle they want. But for automakers and dealers, it has […]

New York (CNN Business)Carbon emissions are a huge contributor to climate change, so companies are getting creative about finding ways to suck the heat-trapping element out of the atmosphere and slow global warming. One Maine-based startup, Running Tide Technologies, is experimenting with farming kelp, a type of seaweed, in an […]

New York (CNN Business)The American economy is roaring back to life as the once-in-a-century pandemic winds down. The US economy just notched its fastest first-quarter GDP growth in nearly four decades. Armed with stimulus checks and tax credits, Americans are spending aggressively. Hiring is surging as broad swaths of the […]

Multiple tornadoes were reported across Mississippi on Sunday, causing some damage but no immediate word of injuries. A line of severe storms rolled through the state Sunday afternoon and into the nighttime hours. Late Sunday, a “tornado emergency” was declared for Tupelo and surrounding areas. Meteorologists urged residents to take […]

China’s central bank is currently conducting trials for its digital currency. Privacy advocates worry that Chinese authorities will be able to collect even more data through the new digital yuan. See more stories on Insider’s business page. China’s central bank is currently conducting trials for its digital currency, which it […]

Some 2.5 million Americans won’t rejoin the labor force until late 2021, Bank of America said. Virus fears and boosted unemployment benefits are keeping them from seeking work, the bank added. Retirements and COVID-19 deaths will leave a more permanent drag on participation, BofA said. See more stories on Insider’s […]

There are immediate benefits to paying off a mortgage: Your monthly obligations drop and you may get more wiggle room in your cash flow.  However, there could be financial implications that you'd need to be okay with. Here's what the experts say. It's one of those debates that rarely seems […]

The Indiana Pacers scored the most points in franchise history Saturday night, and dealt the Oklahoma City Thunder the largest home loss in NBA history with a 152-95 win.  The 57-point margin of victory topped the previous record of 56, set by the Boston Celtics in 2018 and the Seattle […]

The US has been plagued by an epidemic of gun violence, and deaths have been soaring recently. Despite this our political leaders have done nothing substantial to curb the decades-long problem. It’s time for Joe Biden and the Democrats to be courageous and tackle gun safety once and for all. […]

Madame Tussauds is set to unveil a life-size wax figure statue of Vice President Kamala Harris. With the debut, Harris will become the first vice president to be immortalized in the famous New York City museum. President Joe Biden will also have a statue dedicated to his likeness.  See more […]