Mike Mergen | Bloomberg | Getty ImagesThe cost of prescription medications in the U.S. has increased 37% since 2014, far surpassing the rate of inflation, according to data from drug savings company GoodRx.Though the price increases have slowed this year in comparison to the past decade, the higher costs...
A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California on May 15, 2024. Patrick T. Fallon | AFP | Getty ImagesTesla is losing its lead over legacy automakers in the quality of its new all-electric vehicles, according to...
Nike shoes and logo are seen at a store in Nice, France on May 28, 2024.Jakub Porzycki | Nurphoto | Getty ImagesNike on Thursday reported its slowest annual sales growth in 14 years, excluding the Covid-19 pandemic, as the sneaker giant warned of "challenges" that led it to cut...
A Thursday investor event for Rivian Automotive that focused on cost-cutting efforts, efficiency gains and in-house technologies and software wasn't enough to build on the company's significant share growth this week.Shares of the all-electric vehicle startup fell by about 2% to 6% for much of the event, eating into...
People purchase fluids in a store on a sweltering afternoon in Brooklyn on the first day of summer on June 21, 2024 in New York City. Spencer Platt | Getty ImagesThere could be some pretty good inflation news on the way from the Commerce Department when it releases a key...
A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex in Guangzhou, Guangdong Province of China, on Nov. 17, 2023.Vcg | Visual China Group | Getty ImagesChinese automakers are expected to continue rapidly expanding outside...
A townhouse for sale in the Upper East Side neighborhood of NYC. Adam Jeffery | CNBCSome of the heat is coming out of home prices, even though they're still higher than they were a year ago.Several new reports show the price gains are shrinking and home sellers are starting to...