WEALTH

AUTOS

Teaser Sketches Preview the Next Hyundai Elantra

– As reported by Carscoops, Hyundai’s South Korean mothership took to Facebook to release design sketches of its upcoming new Avante—the Elantra to us. This teaser comes ahead of the car’s expected debut next month at the Frankfurt auto show. – The sketch teaser pretty much validates this shot of a new Elantra that appeared in the Korea Economic Daily last spring. That car was labeled as a 2016 model,

2015 Mercedes-Benz E400 4MATIC Sedan Tested: Variation on an Appealing Theme

-Mercedes-Benz currently builds almost as many models off the basic E-class platform as General Mills has flavors of Cheerios. Whole grains processed into toroid toddler kibble can be had in 15 varieties at last count. Count up the sedan, wagon, cabriolet, and coupe bodies; tally engines with four-, six-, and eight cylinders; and then stir in high-performance AMG editions, and we count 14 E-class models for 2015 without even stretching

Hackers Crack Key-Fob Encryption Used by More Than 25 Automakers

Modern transponder-equipped car keys are supposed to be ultrasafe: The chip-keys and key fobs communicate with readers inside the car, allowing the car to start only once a secret digital password has been transmitted. But a team of security researchers says they’ve figured out a way to circumvent the system used by some of the world’s largest automakers—and that Volkswagen Group used a lawsuit to keep their findings from going

REAL ESTATE

World Trade Center developer gets new chance for damages

A federal appeals court has given the developer Larry Silverstein a new chance to recoup more money for rebuilding the World Trade Center site in New York, on top of the $4.1 billion of insurance proceeds he has received. The 2nd U.S. Circuit Court of Appeals said a lower court judge incorrectly calculated that Silverstein lost just $2.805 billion on his 99-year lease for the site, signed six weeks before

U.S. Republican debate brings outsider Fiorina to the fore

By James Oliphant WASHINGTON (Reuters) – Once among the most powerful women in American business, Carly Fiorina emerged as a leading contender in the 2016 Republican presidential campaign alongside Donald Trump, another outsider from the corporate world. Fiorina’s performance in the party’s Wednesday night debate elicited praise on social media and from political strategists as she commanded the stage equally with the likes of billionaire Trump, 69, and former Florida

Mortgage Rates Holding at 3.75% Ahead of Signals From Fed

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.75 percent, up one basis point from last week. The 30-year fixed rate hovered around 3.73 percent throughout the week before rising to the current rate Tuesday.

Conservative group to target Trump in TV ads

One of Washington’s most influential conservative advocacy groups will take aim at Republican presidential front-runner Donald Trump on the airwaves in the early voting state of Iowa. Club for Growth Action, a Super PAC that is permitted to spend unlimited amounts of campaign money, said on Tuesday it is buying $1 million worth of attack ads that describe the New York real estate mogul as too liberal and backing policies

Canada existing home sales rise in August

TORONTO (Reuters) – Sales of existing homes in Canada rose in August from July, as strength in the two big markets of Vancouver and Toronto offset weakness elsewhere, a report from the Canadian Real Estate Association showed on Tuesday. The industry group for Canadian real estate agents said sales activity was up 0.3 percent last month from July. Actual sales for August, not seasonally adjusted, rose 4.0 percent from August

LUXURY

Rolls-Royce completes bespoke trio with musically inspired vehicle

Interior of Rolls-Royce Wraith – Inspired by Music British automaker Rolls-Royce is taking its latest cue from the music industry with the final addition to the trio of Bespoke Collections. “Wraith – Inspired by Music” highlights Rolls-Royce’s longstanding connection with prominent musicians in addition to the superb quality of the car’s sound system. Joining “Wraith – Inspired by Film” and “Wraith – Inspired by Fashion,” this new model rounds out

Harrods celebrates love of craft through multichannel campaign

Image from Harrods’ August Made With Love magazine issue British department store Harrods is showcasing the passion behind the handcrafted luxury goods it sells with a month-long storewide campaign that brings artisans and consumers together. During Made With Love, the store will host a number of limited-edition and exclusive items designed specifically for the retailer and will also bring in representatives from brands to provide demonstrations or personalization services. Introducing

High-income tops high-wealth for luxury purchase intent: report

Consumers emotions have a significant impact on their behavior High-income Americans are generally more active purchasers of luxury goods than their counterparts with high net worth, according to a new report from Shullman Research Center. Sixty-nine percent of those with a household income of $500,000 or more bought at least one luxury product within the past 12 months, with only 49 percent of those with a net worth of at