Business

Hyundai's "first-ever, three-row" electric vehicle is under production at the new Hyundai Motor Group Metaplant America (HMGMA) that celebrated its grand opening in Ellabell, Georgia, on Wednesday.The Bryan County vehicle assembly and battery plant "will produce up to 500,000 electric and hybrid vehicles annually for Hyundai, Kia and Genesis brands," Hyundai Motor Group said in a media release. One of the vehicles under production at the massive new plant about 20 […]

Socking away money for retirement is something that’s top of mind for many people.Many Americans save money for their "Golden Years" through workplace retirement plans and individual accounts they set up, with traditional and Roth IRAs being frequently-used vehicles in the latter category. Holders of Roth IRAs are able to make after-tax contributions to their accounts. "Why a lot of people like a Roth IRA today is that you pay income taxes […]

Christina Ricci's Los Angeles home is now up for grabs.The "Yellowjackets" star placed her home in Silver Lake on the market for just over $4 million in partnership with listing agent Lorraine Getz, from Compass.Her decision to sell the home comes just eight months after she first purchased it in July 2024, as she is now looking for a bigger property that would allow her family members, who lost their […]

The housing affordability crisis could soon wind down, if a newly-unveiled plan from the Trump administration rolls out as intended.U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner shared an idea jointly formulated with Interior Secretary Doug Burgum that will tap into the potential of underutilized federal lands to increase the supply of affordable housing and alleviate the longstanding burden on the market."There's approximately 500 million acres in […]

Walt Disney World's Central Shops are a vital part of the magic, maintaining dozens of attractions and hundreds of audio-animatronic figures.The Central Shops building houses more than 400 cast members. It was built in 1969 to support the opening of Magic Kingdom in 1971, making it one of the oldest buildings on the property.  Fredrick Cox Jr., the director of manufacturing, told FOX Business it was an easy decision to […]

Advance Auto Parts is now plotting an expansion. The automotive aftermarket parts provider said Wednesday it was "entering its next phase of returning to growth" with plans to launch 30 new stores in the U.S. this year. Over the longer-term through 2027, Advance Auto Parts is seeking to add 100 more locations including bigger "market hub" stores, according to the company. "Advance Auto Parts is on the path to accelerate store growth and […]

On March 28, 1985, President Ronald Reagan made history as the first and only sitting president to ring the opening bell at the New York Stock Exchange (NYSE). Exactly 40 years later, Ronald Reagan Presidential Foundation and Institute President and CEO David Trulio, alongside Chairman and Editor-in-Chief of Forbes Media Steve Forbes, honored the 40th president’s legacy and rang the iconic opening bell.When Reagan addressed the NYSE, he was at […]

Ellen DeGeneres and Portia de Rossi's home in Montecito has sold for over its asking price.The couple placed their home on the market through Riskin Partners Estate Group of Village Properties/Forbes Global Properties, and began receiving offers within days of placing it for sale.According to People, the home received "multiple offers within two days of hitting the market," and eventually sold for $5.2 million, more than its $4.9 million asking […]

Elon Musk’s artificial intelligence company xAI has acquired the tech billionaire’s social media platform X in a blockbuster deal that values X at $33 billion.The Tesla and SpaceX CEO made the announcement on the social media platform on Friday and said the deal was an all-stock transaction that will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.He said the combination values xAI at […]