MoneyWatch

Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven. The affiliated Korean automakers are recalling the vehicles and warning people to park them …

Rapid advances in artificial intelligence-powered tools are quickly making large language models (LLMs) like OpenAI’s ChatGPT a can’t-live-without resource for many workers.  Executives are relying on the technology to consider different vantage points, real estate pros are using it to write listings and lawyers are using it to generate first drafts …

Some of the world’s most breathtaking beaches are located right here in the U.S., in Florida, Georgia and Hawaii, according to a new list from Tripadvisor. The list, released Tuesday as part of its Travelers’ Choice Awards, breaks down the online travel platform’s top 25 best beaches in the world, …

When Emma Freer was a high school senior in 2011, her impression of American campus culture — sororities, football games, broad course requirements — didn’t appeal. Her parents had saved enough money to cover her in-state tuition, but, she said, “I knew I didn’t want to go to Ohio State.” …

Struggling retailer Bed Bath & Beyond said Monday it plans to sell shares of the company in hopes of generating enough cash to avoid filing for bankruptcy.  Bed Bath & Beyond is aiming to raise $1 billion from the offering and use the proceeds to pay down some of its …

Bed Bath & Beyond is considering declaring bankruptcy as the New Jersey-based retailer looks for ways to pare its debt. The home goods seller said in a news release that “there is substantial doubt about the company’s ability to continue as a going concern” and that it is exploring a …

The U.S. is set to ban the buying and selling of shark fins, a lucrative ingredient prized in some cuisines but that is tied to a practice condemned by wildlife advocates as cruel and unethical. The Senate on Thursday approved the provision, called the Shark Fin Sales Elimination Act, which …

The former CEO of the failed cryptocurrency exchange FTX said in a tweet Friday that he is willing to testify to Congress next week, but that he will be limited in what he can say and that he “won’t be as helpful” as he’d like to be. The tweet came …

The cost of diesel fuel hit a record premium over the cost of gasoline as refinery outages and Russia’s war on Ukraine limit supply and drive up prices ahead of winter.  The national average for diesel fuel was $5.34 on Thursday, about $1.61 above the price of gasoline, according to …

Retailers around the holidays double down on promoting store-branded credit cards, which often appear attractive to consumers, particularly when they offer immediate discounts. The catch? Store credit cards now carry record-high interest rates, and can lead shoppers to rack up debt. The average annual percentage rate (APR) on retail store …