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Cars whose leases are up are flooding the market, pushing prices down

In 2014, Infiniti leased more than 28,000 Q50 luxury sedans for as little as $329 a month in a growing U.S. market. The leases accounted for more than three-quarters of Q50 sales. Now they're coming back to haunt the automaker. Like many companies that juiced sales with sweet leases during the...

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  • A billionaire's think tank complains that Trump's budget doesn't cut Social Security and Medicare enough

    A billionaire's think tank complains that Trump's budget doesn't cut Social Security and Medicare enough

    President Trump’s budget landed with a thud this week on Capitol Hill, where even conservative Republicans pronounced it “dead on arrival” and quailed at its proposed sharp cuts to social welfare programs such as food stamps, Meals on Wheels and Medicaid. Yet some conservatives found plenty to...

  • GM denies allegations that it cheats on diesel emissions

    GM denies allegations that it cheats on diesel emissions

    General Motors on Thursday denied allegations made in a lawsuit that the company's full-size diesel pickup trucks cheat on emissions tests. The lawsuit filed by lawyers for two truck owners in U.S. District Court in Detroit alleges that trucks with Duramax diesel engines have three devices on them...

  • 7 tax tips for new college grads

    7 tax tips for new college grads

    Graduating from college brings huge life changes — many of which have big effects at tax time. Here are a few ways you can save a little money — or even snag a refund — come filing time. 1. Take interest in interest Student loan payments are a fact of life for many new graduates. But up to $2,500...

  • U.S. durable goods orders fall for first time in 5 months

    U.S. durable goods orders fall for first time in 5 months

    U.S. orders for long-lasting manufactured goods dropped in April for the first time in five months, and a key category that tracks business investment went nowhere for the second straight month. The Commerce Department said Friday that durable goods orders fell 0.7% in April after rising 2.3% in...

  • BMW recalls 7-Series cars because their doors can unexpectedly fly open

    BMW recalls 7-Series cars because their doors can unexpectedly fly open

    BMW is recalling more than 45,000 older 7-Series cars in the U.S. because the doors can open unexpectedly while they're being driven. The recall covers certain 745i, 745Li, 750i, 750Li, 760i, 760Li and B7 Alpina cars from the 2005 through 2008 model years that have the comfort access and soft door...

  • Wells Fargo must guarantee class-action settlement will fully repay customers, judge says

    Wells Fargo must guarantee class-action settlement will fully repay customers, judge says

    Wells Fargo & Co. may have to cough up more than $142 million to settle a bevy of class-action lawsuits in connection with its unauthorized-accounts scandal. A federal judge in San Francisco said late Wednesday that he would approve a settlement deal reached by the bank and plaintiffs’ attorneys,...

  • Facebook's latest ambition: becoming a hub for TV-style content

    Facebook's latest ambition: becoming a hub for TV-style content

    To make its mobile app as indispensable as possible, Facebook has introduced live streams, a booming virtual bazaar and free access to some of the best journalism. But among the major missing pieces has been the kind of exclusive, Hollywood-style comedies, documentaries and dramas that are found...

  • Retailers help lift stocks to new records; Best Buy leaps 21%

    Retailers help lift stocks to new records; Best Buy leaps 21%

    U.S. stocks climbed for the sixth day in a row Thursday as strong first-quarter results from retailers such as Best Buy and PVH led indexes to record highs. That offset weakness in energy stocks caused by a plunge in oil prices. Stocks are on their longest winning streak in three months as retailers,...

  • JetBlue and Southwest may have benefited from United's passenger-dragging fiasco

    JetBlue and Southwest may have benefited from United's passenger-dragging fiasco

    Public perception of United Airlines took a nosedive after a passenger was dragged from his seat on April 9, and now a survey indicates that JetBlue Airways and Southwest Airlines may have benefited from the backlash. In the 30 days after the incident, United Airlines passengers said their likelihood...

  • Can a new killer whale attraction help rescue SeaWorld?

    Can a new killer whale attraction help rescue SeaWorld?

    A symphonic score fills the former Shamu Stadium at SeaWorld, the tempo building suspense as footage of an icy landscape in Antarctica moves across a 140-foot-wide screen. A little off cue, an 8,000-pound orca named Keet appears, speeding along the perimeter of the pool as waves crash over where...

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  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

  • 6 pet-related businesses you can start today

    6 pet-related businesses you can start today

    Starting your own business can nurture your entrepreneurial spirit, earn you some money and give you the opportunity to spend more time with your family — including your pets. So what job can you do that doesn't necessarily require a degree, affords you time flexibility, is in a growing industry...

  • How credit card reward points created delicious results (Infographic)

    Doughnut Plant founder Mark Isreal brought his latest creation to life with the help of 80,000 points earned with his Chase Ink card. Here's how he pulled it off. Save Save

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