Internet service providers can no longer fiddle with how quickly — or not — customers are able to browse the web or download files, the Federal Communications Commission ruled Thursday. The 3-2 vote to adopt net neutrality regulations, which block wireless companies from selectively speeding up, slowing down or blocking users’ internet traffic, restores a policy that was discarded during …

Well-heeled home shoppers are increasingly paying cash, helping turbocharge price gains for the most expensive U.S. homes. The median sale price of luxury homes — valued in the top 5% of the market nationally — hit an all-time high $1.23 million in the first quarter, an increase of 8.7% from the same period last year, according to an analysis by …

Dramatic new crash tests on popular small SUVs show driver assistance systems aimed at avoiding or reducing the severity of a crash struggled at higher speeds. The new vehicle-to-vehicle front crash prevention test results, released by the Insurance Institute for Highway Safety on Thursday, show most models did not perform well. “We really wanted to push manufacturers further and so …

Southwest Airlines is suspending service at some airports across the U.S. as it slows its growth, in part because of Boeing aircraft delivery delays. The airline is set to receive just 20 of the 46 Boeing 737 Max 8 planes it was expecting in 2024, Southwest said Thursday. The delays mean slower growth for the airline, which is looking for …

TikTok could be under new ownership at this time next year, after President Joe Biden on Wednesday signed a bill that gives the social media company about 12 months to either divest from its Chinese owner or face a U.S. ban. TikTok is vowing to fight the new law in the courts, with CEO Shou Chewsaying in a video posted …

On Thursday, Venice, Italy became the first city in the world to charge day tourists a feejust to visit its historic canals and other attractions on peak days. The measure is designed to counter over-tourism and mitigate the deleterious impact large crowds can have on some of the city’s fragile sites, while also persuading some tourists to visit during less …

Inflation remains as stubborn as ever and continues to prop up interest rates. The Federal Reserve aggressively raised interest rates 11 times in 2022 and 2023 in an effort to curb inflation. More recently, the Fed has paused interest rate changes at its last five meetings as inflation has slowly ticked up in 2024. The resulting elevated interest rates have …

In today’s inflationary environment, it can be difficult to decide where you’ll store your savings. No matter where you choose to do so, it’s important that your money earns a return that’s equal to inflation or higher. Your savings will lose buying power if your returns are any lower than the current inflation rate (3.5%). Two options to consider that …

Today’s interest rate environment can be a big challenge for borrowers. After all, the same mortgage loans that had sub-3% interest rates in 2021 and 2022 now have rates that are over two times higher. And, other types of lending products, like credit cards and personal loans, both carry higher rates than they did in recent years. Considering that all …

It’s never a bad time to re-evaluate your financial health and investment strategy. This is particularly true in today’s unique economic climate with strongjob growth, elevated inflation and the highest interest rates in decades. Against this backdrop, some investments may be more beneficial than others. For many, recent economic developments have underlined the advantage of investing in gold. Thanks to …

Today’s economic environment can be a challenging one if you have credit card debt. The cost of living is climbing as inflation continues unabated, which can make it difficult to budget for your credit card payments. Moreover, the Federal Reserve’s federal funds rate target currently stands at a 23-year high. And since that’s the primary benchmark for consumer interest rates, …

A federal judge has denied former President Donald Trump’s request for a new trial in the civil suit brought by the writer E. Jean Carroll, who was awarded an $83.3 million judgment by a jury that found Trump liable for defamation in January. The judge also denied a request to strike the damages in the case, which Trump had called …

In 1961, Ed Dwight hoped to become the first Black astronaut in space. But he never made it. Now, at 90 years old, Dwight will get the chance to finally experience space onboardBlue Origin’s upcoming mission into Earth’s atmosphere. Dwight was selected by President John F. Kennedy in 1961 to enter an Air Force training program known as the path …

A Nevada couple was arrested after police were called to their home and found their 11-year-old child “being contained within a large metal enclosure,” authorities said Wednesday. Misty Scanlan, 46, and Jeffery Scanlan,41, were taken into custody and each booked on one count of child abuse and neglect, the Henderson Police Department said in a statement. The arrest came after …

Buying a house is costlier than anytime in at least the last decade, with property buyers hit with the double whammy of rising mortgage rates and home prices, according to real estate company Redfin. The average interest rate on a fixed 30-year home loan rose to 7.1%, marking the first time this year rates have topped 7%,accordingto Freddie Mac. Meanwhile, …