Things To Do In SW Florida

DETROIT (AP) — General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.

The recall adds certain 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks to a February recall of 323,000 heavy duty pickups. Only trucks with a manual gate and power lock and release are affected.

The company says in documents posted Tuesday by the National Highway Traffic Safety Administration that water can get into the electronic gate release switches, causing the gates to unlatch. If that happens, cargo can fall into the road and become a hazard.

The trucks in the new recall were added after the company found 237 field reports of tailgates opening unexpectedly. Until repairs are made, GM says owners should check to make sure the gate is closed and latched before driving.

Dealers will replace the exterior touch pad switch assemblies with new ones that are more resistant to water. read more

By ELAINE KURTENBACH, Associated Press Business Writer

BANGKOK (AP) — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.

The Chinese Commerce Ministry announced the move after the Washington expanded its list of Chinese companies subject to export controls on computer chip-making equipment, software and high-bandwidth memory chips. Such chips are needed for advanced applications.

The ratcheting up of trade restrictions comes as President-elect Donald Trump has been threatening to sharply raise tariffs on imports from China and other countries, potentially intensifying simmering tensions over trade and technology.

China’s Foreign Ministry also issued a vehement reproof.

“China has lodged stern protests with the U.S. for its update of the semiconductor export control measures, sanctions against Chinese companies, and malicious suppression of China’s technological progress,” Lin Jian, a Chinese Foreign Ministry spokesperson, said in a routine briefing Tuesday. read more

By CHRISTOPHER RUGABER, Associated Press

WASHINGTON (AP) — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.

Speaking at George Washington University, Christopher Waller, a key member of the Fed’s Board of Governors, said he was confident that inflation is headed lower and that the central bank will likely keep reducing its key rate, which affects many consumer and business loans.

But he noted that there’s a risk that inflation “may be getting stuck above” the Fed’s 2% target, which would support an argument for keeping the Fed’s rate unchanged this month.

By James Royal, Ph.D., Bankrate.com

Cryptocurrencies are enormously volatile, but that volatility can create opportunities for profit if you’re looking to trade these digital assets. Cryptos such as Bitcoin and Ethereum have risen a lot since their debut — but they’ve also experienced tremendous boom-bust cycles along the way. Experienced traders have been speculating on cryptocurrencies for years, but how can you get started if you’re new to the crypto market?

Here’s how to start investing in cryptocurrency and the significant risks you need to watch out for.

5 steps for investing in cryptocurrency

First things first, if you’re looking to invest in crypto, you need to have all your finances in order. That means having an emergency fund in place, a manageable level of debt and ideally a diversified portfolio of investments. Your crypto investments can become one more part of your portfolio, one that helps raise your total returns, hopefully.

Pay attention to these five other things as you’re starting to invest in cryptocurrencies. read more

By HALELUYA HADERO

Shopping on Temu can feel like playing an arcade game. Instead of using a joystick-controlled claw to grab a toy, visitors to the online marketplace maneuver their computer mouses or cellphone screens to browse colorful gadgets, accessories and trinkets with prices that look too good to refuse.

A pop-up spinning wheel offers the chance to win a coupon. Rotating captions warn that a less than $2 camouflage print balaclava and a $1.23 skeleton hand back scratcher are “Almost sold out.” A flame symbol indicates a $9.69 plush cat print hoodie is selling fast. A timed-down selection of discounted items adds to the sense of urgency.

Welcome to the new online world of impulse buying, a place of guilty pleasures where the selection is vast, every day is Cyber Monday, and an instant dopamine hit that will have faded by the time your package arrives is always just a click away.

By all accounts, we’re living in an accelerating age for consumerism, one that Temu, which is owned by the Chinese e-commerce company PDD Holdings, and Shein, its fierce rival, supercharged with social media savvy and an interminable assortment of cheap goods, most shipped directly from merchants in China based on real-time demand. read more