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More new car buyers resorted to 84-month loan financing terms

Some Americans are rushing to dealers to get ahead of the car toll kickoff. Jeff from Fox Business flocks more. More car buyers used seven-year loans to fund new vehicles in the first quarter. Recently released reports. Edmunds said last week that he discovered 84 months of loans in the first three months of 2025 […]

Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up

Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]

Mexico Complains to Biden over Financing Opposition NGO

Mexican President Andrés Manuel López Obrador announced he would send a letter to U.S. President Joe Biden to complain about his administration’s funding of non-governmental organizations that criticize the administration. The politician made the announcement at a morning press conference. He noted that the Ministry of Foreign Affairs had just sent a diplomatic notice on […]

Hawaiian Electric raises going concern risk over Maui wildfire settlement financing

Maui business owner Javier Cantelops talks in “Cavuto: Coast to Coast” about why the island needs to bring tourists back for business. Hawaiian Electric The company said it still had no plans to raise funds for the $1.99 billion Maui wildfire settlement it agreed to earlier this month, and cited going concern risks in its […]

The Messenger Is Closing Its Doors Amidst Major Financing Woes

Online news outlet The Messenger will cease operations after less than a year, Axios reported Wednesday. Messenger started with $50 million in May, but hemorrhaged tens of millions of dollars and had revenue of only about $3 million in 2023, Axios said. reportsaid, citing financial records. The company originally expected revenue of $100 million in […]