New-car prices starting with the number "2" are making a comeback.
By the numbers: Inventory of new vehicles on sale for less than $30,000 is up 88% over the last year, Cars.com reported today.
Inventory of vehicles in the $30,000–$49,999 range is up 41.3%.
Context: Affordable new vehicles evaporated during the pandemic, when prices skyrocketed amid widespread vehicle shortages.
Reality check: New vehicles priced at less than $30,000 still represent only 14% of vehicle inventory, though that's up from 11% a year ago. And the under-$20K vehicle is gone.
The bottom line: Automakers are finally churning out some lower-cost vehicles now that production capacity has caught up to demand.
Turns out the Tanners were sitting on a gold mine.
State of play: The San Francisco house at 1709 Broderick Street — whose exterior was featured in the sitcom "Full House" — is on sale for $6.5 million.
"The house no longer has the iconic red door from the show, but is still a tourist attraction," CNBC writes.
Fun fact: Built in 1883 and renovated in 2019, the real-life Victorian home has four bedrooms and three-and-a-half bathrooms for a total of 3,737 square feet.
The home's interior was not used for the show.
🎶 Nathan's thought bubble:Everywhere you lookat this listing, it sounds like a delightful home.
Tesla shareholders endorsed Elon Musk's compensation plan in a vote that could pave the way for him to get back the $56 billion pay package he had temporarily lost.
Why it matters: A Delaware judge ruled in January that Tesla's board had not properly constructed or disclosed the details of the CEO's pay deal when it was initiated in 2018.
Apple is facing a proposed class action lawsuit filed Thursday on behalf of more than 12,000 women in California who allege the company paid them less than men employed to fill similar roles, per Reuters.
The big picture: Apple ranks in the top five companies in the U.S. for the revenue it brings in and recently saw its market value soar after announcing plans to incorporate artificial intelligence in its products.
Donald Trump met with leading bitcoin mining executives at the former president's Mar-a-Lago residence Tuesday, engaging with them on related policy issues.
Why it matters: It's the latest development in the presumptive Republican presidential nominee's newfound embrace of the cryptocurrency industry, as he continues to force it into the 2024 election conversation.
Here's what's new on Prime Video, Apple TV+, Netflix, Max, Paramount+ and Peacock.
What we're watching: The highly anticipated fourth season of "The Boys," a new thriller starring Jake Gyllenhaal and a new season of Netflix's show about collectors.
Workweek, a publishing platform for creators serving business professionals, raised $12.5 million in a series A round, its CEO and co-founder Adam Ryan told Axios.
Why it matters: The raise will support the build-out of a new professional networking platform for the firm's 500,000+ email subscribers across eight newsletters.
After joining Moody's in 2021, Christine Elliott was given one mandate: "Modernize the communications function."
Since then, she has brought together comms, brand, government relations, community impact and sustainability to form a corporate affairs function.
Why it matters: As chief corporate affairs officerof Moody's, Elliott is tasked with managing the message for all the financial services firm's most critical audiences.
Inflation, while gradually easing its peak, is still infuriating American consumers — and corporate reputations are taking a hit because of it.
Why it matters: In preparation for potential political backlash, companies are attempting to manage their messages — and in some cases, set the record straight — when it comes to rising prices.
The astonishing melt-up in Apple shares over the past two days marks the beginning of the second phase of the AI hype cycle — where companies are rewarded not simply for building AI technology but more for incorporating it into their existing product suite.
Driving the news: Apple's market value has spiked by $312 billion over the past two trading sessions, causing it to reclaim its place as the most valuable company in the world.
There's labor trouble brewing along the country's East Coast ports.
Why it matters: The possibility of a strike — still far off at this point — raises the prospect of higher shipping costs and slower delivery times heading into the prime holiday shopping season.
Florida Gov. Ron DeSantis' appointees unanimously approveda $17 billion Walt Disney World development deal with the company on Wednesday evening.
Why it matters: The Central Florida Tourism Oversight District board's approval marks the end of a yearslong feud between DeSantis and Disney, which the company argued stemmed from its opposition to the Florida "Don't Say Gay" law signed in 2022.