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Rob Sabo
Rob Sabo has worked as a business journalist for more than two decades and covers a broad range of business topics for The Epoch Times.
GM Ramps Up Investments to Move Production Back to US, Introduces New Gas-Powered Cadillacs
The company raised its full-year 2026 earnings forecast on strong second-quarter results, led by pickup sales.
Companies
July 21, 2026
US Used-Vehicle Inventory Increases to 47 Days’ Supply, Providing Slight Relief on Pricing
The nation’s supply of used automobiles increased slightly in June as retail sales slowed, helping ease month-over-month price ...
Economy
July 20, 2026
Buyers Trading in Vehicles With Negative Equity Face Record Monthly Payments: Edmunds
Nearly 30 percent of U.S. auto trade-ins had negative equity in the second quarter.
Economy
July 19, 2026
UnitedHealth Group Reports Strong 2nd-Quarter Earnings, Lifts Full-Year Guidance
The insurer is undergoing a broad organizational turnaround that was launched in 2025 to strengthen its operations.
Companies
July 16, 2026
26 Employees Sue Meta, Allege Unfair AI Selection for Layoffs
The suit alleges Meta’s AI algorithms failed to account for protected leaves and disproportionately scored workers on leave.
Companies
July 15, 2026
Global Smartphone Shipments Hit 13-Year Low in 2nd Quarter Amid Memory Chip Shortage
Samsung nabbed the top spot in shipments, while Apple's share of global smartphone shipments reached 20 percent for ...
Economy
July 14, 2026
IBM Shares Plunge After Warning of Worse-Than-Expected Earnings
The company attributed the weak quarterly results to disappointing performance of its flagship z17 artificial intelligence mainframe program.
Companies
July 14, 2026
Nearly Two-Thirds of Americans Willing to Pay More for Homes in Walkable Communities: NAR
Americans largely favor community design choices that emphasize small-lot, single-family homes, the National Association of Realtors said.
US Real Estate
July 11, 2026
AI Companies Absorbing Office Space at Record Pace: Report
Three metro areas—San Francisco, Silicon Valley, and New York—accounted for nearly two-thirds of AI companies’ total office demand ...
Economy
July 10, 2026
Fiat Brings Micro Mobility to US Markets With Introduction of Topolino EV
The $14,985, low-speed vehicle is designed for neighborhoods and roads with posted speed limits of up to 35 ...
Companies
July 7, 2026
Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion
Lockheed said the acquisition complements and expands its capabilities to deliver naval sonar warfare systems and next-generation maritime ...
Companies
July 6, 2026
GM Recalls 14,500 Vistiq SUVs, Says Third-Row Folding Seat Could Trap Small Child
The company was aware of six incidents or complaints associated with the power-folding seats, though no injuries were ...
Companies
July 6, 2026
USDA Announces $500 Million Program to Boost Domestic Fertilizer Production
Fertilizer prices have spiked significantly since the war with Iran started at the end of February.
Economy
July 2, 2026
Joby, Toyota Team Up to Advance S4 eVTOL Aircraft Toward Commercial Production
Electric aviation startup Joby Aviation on June 30 announced it entered into a strategic manufacturing partnership with Toyota ...
Companies
June 30, 2026
Merrill Lynch Fined $7.5 Million for Suspicious Transaction Reporting Failures
Suspicious Activity Reports are designed to prevent instances of money laundering, fraud, or terrorist financing.
Companies
June 29, 2026
Jaguar Land Rover Recalls 250,000 Land Rovers, Says Driver’s Airbag May Not Deploy
The recall was triggered by increased warranty claims over airbag warning lights that could indicate airbag failure.
Companies
June 25, 2026
Slate Auto’s $24,950 Minimalist EV Truck Set to Hit Market in 4th Quarter
The average new EV price was $54,532 in May, Cox Automotive reported.
Companies
June 24, 2026
More Americans Prefer Buying Homes Over Renting for First Time Since 2023: Report
Fewer prospective homeowners said they are waiting for market conditions to improve before purchasing.
US Real Estate
June 24, 2026
New Housing Starts Sink To Lowest Levels in 6 Years: Report
The sharp decline in new starts was led by a steep dip in new multifamily construction, which tumbled ...
US Real Estate
June 16, 2026
Starter Homes Top $1 Million in Record 242 US Cities, Zillow Reports
California has 105 cities where starter homes cost more than $1 million.
US Real Estate
June 15, 2026
Nearly Two-Thirds of Americans Prefer SUVs Over Cars, Trucks: Report
Gas and diesel SUVs outpaced electric and hybrid SUVs nearly 3-to-1, accounting for 72.3 percent of new retail ...
Economy
June 13, 2026
GM Follows Tesla, Ford Into Large-Scale Battery Storage Manufacturing Space
Automakers are piling into the battery storage space to offset sagging electric vehicle (EV) sales.
Companies
June 11, 2026
AI Security Startup Cyera Raises $600 Million in Latest Funding Round
Cyera’s rapid rise in valuation underscores growing demand for data security alongside widespread AI adoption in modern enterprises.
Companies
June 10, 2026
Number of US Home Sellers Hits Highest Level in 6 Years in May: Report
Several Sun Belt metros led the nation in seller imbalance, with Nashville topping the list of buyers' markets.
US Real Estate
June 9, 2026
Florida, California Lead Nation in Risk of Property Value Declines: Report
The report examined foreclosure rates, affordability, underwater mortgages, unemployment, and wages tied to homeownership risk.
US Real Estate
June 8, 2026
Amazon Unseats Walmart to Take Top Spot on Fortune 500 List
The new ranking ended Walmart’s 13-year run as the list’s highest-revenue company.
Companies
June 5, 2026
College Enrollment Increases, Led by Spike in Trades Programs: Report
Enrollment in community college certificate programs jumped by 12.1 percent this spring, while international graduate enrollment fell sharply.
US News
June 5, 2026
TOP NEWS
Trump Attends Dignified Transfer of US Soldiers Killed in Iranian Strikes
NEW
By
Timothy Frudd
ChatGPT Maker Says Its AI Autonomously Hacked Another Company in ‘Unprecedented’ Cyber Incident
NEW
By
Tom Ozimek
US Embassy Issues Security Alert for Jordan Following Iranian Strikes
NEW
By
Jack Phillips
US Monitors Chinese Vessels Amid Heightened Activity in the Arctic
NEW
By
Naveen Athrappully
Greer Says US Could Act Over $3.4 Billion EU Airbus Loan
NEW
By
Evgenia Filimianova
Authors Who Dismissed COVID-19 Lab-Leak Theory in Paper Privately Said They Weren’t Sure
NEW
By
Zachary Stieber
Trump Says US Will Hit Iran’s Power Plants, Bridges If Tehran Attacks Ships
2hr
By
Jack Phillips
Groups Sue for Communication Records Linked to Somali Daycare Fraud Claims
2hr
By
Owen Evans
Maduro, Justice Department Propose a June 2027 Trial Start
3hr
By
Jackson Richman
No ‘Independent Legal Authority’ to Arrest Netanyahu in New York: Mamdani
3hr
By
Naveen Athrappully