Jeep's Comeback Bid After 6-Year Slide (And Warren Buffett Finally Buys Google)
Jeep is betting on a turnaround after sales plunged 40% since 2018, launching the all-electric Recon SUV and new Cherokee while cutting prices and hiring LL Cool J for marketing—but quality issues and 146 days of inventory remain major headwinds. Target and Starbucks launched an exclusive Frozen Peppermint Hot Chocolate as both chains face declining traffic and sales. Warren Buffett's Berkshire Hathaway bought its first-ever stake in Google—$4.3 billion worth—sending shares up 5% and signaling confidence in Alphabet's AI story. Gold futures opened at $4,084 as Fed rate cut probability plummeted from 93.7% to 44.6% in just one month. Ford CEO Jim Farley warned of a skilled trades crisis with 5,000 mechanic positions paying $120K sitting empty, revealing America's workforce preparation problem. Pittsburgh earned the title of most affordable major metro with a $250K median home price, $150K below the national median. J&J acquired Halda Therapeutics for $3.05 billion, following its $14.6 billion January deal for Intra-Cellular Therapies. Bitcoin miners are repurposing computational heat to warm homes, with the industry producing enough excess energy annually to heat Finland.
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