Columbus, OH

New car prices reached record highs in recent years as automakers struggled with pandemic-related delays and vehicle shortages. That has made car shopping a frustrating experience for millions of people, but J.D. Power’s recent sales forecast suggests that the situation is improving. The organization’s research showed that the average new-vehicle retail transaction price has fallen compared to a year ago.

Average new car prices are falling and could significantly boost sales

Business Insider

China's auto sector is struggling with overproduction, impacting domestic and international markets.

1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei

Happy Monday! It’s July 1, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Suggested Reading. Walter Isaacson On Elon Musk(s) Walter Isaacson On Elon Musk(s) 1st...

Tesla Sales Haven’t Dropped Like This Since 2012

Tesla reported strong delivery and production numbers for the second quarter of the year this morning. Wedbush analyst Dan Ives believes it shows the “worst is in the rear view mirror” for Tesla and CEO Elon Musk as “the EV demand story is starting to return to the disruptive tech stalwart ahead of a historical Robotaxi Day on August 8th,” he wrote in a note to investors.

Tesla’s strong Q2 deliveries prove ‘worst is in the rear view mirror:’ Wedbush

DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall. The Austin, Texas, company said July 2 that it sold 436,956 vehicles from April through June,...

Tesla Sales Fall for Second Straight Quarter

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

These are today's mortgage and refinance rates. Mortgage rates are expected to fall this year, but they might not drop enough to improve affordability.

Mortgage Interest Rates Today, June 26, 2024 | How Much Will Rates Drop This Year?

The Motley Fool

Lululemon's stock price may have plunged in 2024, but the athleisure company still has what it takes to do well over the long term.

1 Growth Stock Down 40% This Year to Buy Right Now

(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended June 22nd. The Labor Department said initial jobless claims dropped to 233,000, a decrease of 6,000 from the previous week's revised level of...

U.S. Jobless Claims Dip More Than Expected To 233,000

Newark, NJ

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Reuters

LONDON (Reuters) -British house prices showed a small gain in June from May but the impact of higher borrowing costs is still weighing on the property market, mortgage lender Nationwide said on Monday.

UK house prices edged up in June, lender Nationwide says

Georgia State

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Coffee County, GA

Douglas, GA

Daily Coffee Press

A 49-year-old woman from Douglas was recently arrested for allegedly submitting a life insurance policy for her ex-husband without his knowledge. According to a Coffee County Sheriff’s Office incident report, detectives met with a man on May 7 at the Coffee County Law Enforcement Center concerning a reported case of insurance fraud.

Georgia woman charged for allegedly filing life insurance policy application on ex-husband

Morgan Stanley's bull-case price target implies 175% upside in UiPath, and Ark Invest's valuation model implies 495% upside in Block. UiPath is the market leader in robotic process automation, one of the fastest-growing software markets, and the company is investing in AI product development. Block reported solid financial results in...

2 Cheap Growth Stocks to Buy Before They Soar 175% and 495%, According to Certain Wall Street Analysts

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Buford, GA

DeanLand

There's been a whole lotta shakin' goin' on in Northwest Georgia over the past 30 days. And, yes, some of it likely has been in the barn. A total of six earthquakes have been recorded in the northernwestern portion of the state over the past 30 days, according to data from the US Geological Survey (USGS).

6 Earthquakes Shake NW Georgia in 30 Days

Ringtown, PA

The Shenandoah (PA) Sentinel

RINGTOWN – A dispute over a guest invited to a child’s birthday party turned physical...
The post Court Docs: Gunfire sparked by fight over child’s birthday party guest first appeared on The Shenandoah Sentinel.

Court Docs: Gunfire sparked by fight over child’s birthday party guest

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

LONDON (Reuters) - Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Minister Rishi Sunak is unlikely to see much benefit in this week's national election.

UK shop price inflation weakest since October 2021, retailers say

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

(Reuters) - Shares of Tesla gained nearly 6% on Monday, after a key Wall Street brokerage added the stock to its watch list ahead of the automaker's quarterly production and delivery report on Tuesday.

Tesla rises ahead of Q2 deliveries report

Refrigerated spot rates took an unexpected downturn last week. A release issued showing data from Truckstop and FTR Transportation Intelligence for the week ended June 28 show broker-posted spot rates for van equipment – especially refrigerated – underperforming seasonal expectations. Refrigerated spot rates declined slightly in a week...

Refrigerated spot rates dip in an otherwise strong week

WRAL News

NewsBreak

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices

DETROIT (AP) — U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices. But brisker sales could be on...

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices

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