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The best used luxury vehicles to be had for under $40,000

When you’re shopping for a high-quality vehicle, the idea of acquiring one with a luxury badge that’s packed with features can be appealing. But it can also be an expensive proposition in today’s market when the average price of a new car is approximately $50,000. Thankfully, there is an alternative: Buy a used one. The experts at Edmunds know there are plenty of great used luxury vehicles that you can easily get for less than $40,000. These are five of their favorites that deliver a refined driving experience and superior comfort and technology features compared to more ...

Stocks close slightly lower in quiet post-Christmas trading

NEW YORK (AP) — Stocks closed slightly lower Friday in a quiet day of trading as investors returned from the Christmas holiday. The S&P 500 index fell 2.11 points, less than 0.1%, to close at 6,929.94, the Dow Jones Industrial Average fell 20.19 points, also less than 0.1%, to 48,710.97 and the Nasdaq composite fell 20.21 points, or 0.1%, to 23,593.10. Institutional investors are largely closed out of their positions for the year, so trading was extremely light. Trading on the New York Stock Exchange was roughly half that of an average day. With three trading days left in 2025, ...

Cautious shoppers step up spending to start holiday season

NEW YORK (AP) — Consumers stepped up gift giving during the first seven weeks of the holiday shopping season, according to new data released Tuesday. But uncertainty about the economy is making shoppers more targeted in their buying. From Nov. 1 through Sunday, cash and credit card sales rose 4.2%, which is less than the 4.8% increase during the same period a year ago, according to Visa’s Consulting & Analytics division. The data, which exclude sales from auto dealerships, gas stations and restaurants, are not adjusted for inflation or the impact from President Donald Trump’s ...

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 lowest level of about $2.85 a gallon on Monday. That figure has inched up slightly since, sitting at closer to $2.86 a gallon Tuesday — but overall, consumers hitting the road ahead of the Christmas holiday will likely continue to see mild prices. As always, some states have cheaper averages ...

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 points, or 0.6%, to 6,878.49. The Dow Jones Industrial Average rose 227.79 points, or 0.5%, to 48,362.68. The Nasdaq composite rose 121.21 points, or 0.5%, to 23,428.83. Smaller company stocks did particularly well. The Russell 2000 index outpaced other major indexes with a 1.2% gain. The gains also ...

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, and 2025-2026 Maverick vehicles. At issue is the integrated park module, which may fail to lock into the park position when the driver shifts into park. Ford said that it will implement a park module software update for free. Vehicle owners may contact Ford customer service at 1-866-436-7332 ...