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Business News

US drivers are seeing lower gas prices this holiday season

This holiday season, many U.S. drivers are getting the gift of lower gas prices. According to data from motor club AAA, December has been the cheapest month for prices at the pump this year. The national average for unleaded gasoline has stayed below the $3 mark since Dec. 2, falling to its ...

US stocks rise at the start of holiday-shortened week

NEW YORK (AP) — Stocks rose on Wall Street Monday to open what’s expected to be a relatively calm holiday week. The gains were broad. Technology companies and banks did much of the heavy lifting. Industrial companies also gave a strong push to major indexes. The S&P 500 rose 43.99 ...

Ford recalls more than 270,000 electric, hybrid vehicles due to roll-away risk

The Associated Press Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away. The Detroit automaker said that the recall includes certain 2022-2026 F-150 Lightning BEV, 2024-2026 Mustang Mach-E, ...

Sony buys a majority stake in the ‘Peanuts’ comic for $457 million

The Associated Press Happiness is taking control of a beloved comic strip. Sony is buying a 41% stake in the Charles M. Schulz comic "Peanuts" and its characters, including Snoopy and Charlie Brown, from Canada's WildBrain in a $457 million deal, the two companies said Friday. The deal ...

Property transfers

Property transfers recorded Dec. 8 to 12 in Mahoning County and portions of Trumbull County: Austintown Edward Lynch and Janice Zordich-Lynch to RH BEG LLC, V/L South Raccoon Road, $65,000 Elizabeth J. Valentine to JJD Land Co. LLC, 4234 Burkey Road, $66,000 4200 Mahoning Avenue ...

Average long-term mortgage rate edges lower

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year. The decline brings the average long-term mortgage rate to 6.21% from 6.22% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.72%. Borrowing ...