
Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference
Dealers are chasing service revenue as pandemic-era profits from selling cars fall back to Earth.
Fed Policy Is in a Good Place, Daly Says
San Francisco Fed President Mary Daly reacts to the recent selloff in bonds and suggests the US Treasury…
US Weekly Jobless Claims Edge Lower to 206,000
Applications for US unemployment benefits decreased by 6,000 to 206,000 in the week ended Aug. 15, according to…

‘Game-changer’ GLP-1s could fix America’s obesity crisis—but 2 inequalities stand in the way
Wells Fargo Industry Insights' Robin Wenzel says the drugs are rewriting healthcare economics, but the math doesn't "pencil…

Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
Only three elected governors out of thousands have been Black in 250 years of American history

Investors cut bets on US and UK rate rises
Weaker economic data has changed expectations despite a rally in oil prices

US long-term bonds slide as Bessent intervention fails to soothe investors
Yield on 30-year Treasuries rises despite move to ‘at least double’ purchases of securities
Crypto Will Get Rules One Way or Another, CFTC Head Says
The crypto industry will get market structure rules even if Congress fails to pass landmark legislation, the head…

Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’
Heidi Overton has been critical of abortion pills and, if confirmed, would be positioned to roll back FDA rules that…

Instagram took ‘don’t ask, don’t tell’ approach to kids, former engineer testifies — and pay was tied to keeping them online
“If you step away from the product, they are not going to make any money,” Arturo Béjar testified.…