Personal Finance

Labor Day travel expected to hit a five-year high

Labor Day travel

The number of Americans traveling for the Labor Day holiday weekend will climb to the most in five years as consumer confidence boosts spending, AAA said. People taking trips of 50 miles or more from home will increase to 34.1 million from 32.7 million last year, AAA said. That’s the highest since a record 45.1 million travelers five years ago. Travel by automobile is expected to rise 4.3 percent, along with a 2.8 percent increase in the number of air travelers.

Golden gadget?

The next iPhone, reportedly set for unveiling Sept. 10, could be available in black, white and gold, according to various online reports. If Apple does launch a gold phone, it will be the first color added to the device since its 2007 white and black debut. Apple declined comment, but the online reports indicated that the iPhone would have more of a champagne gold.

Diesel pickup

Nissan Motor Co., which has struggled to win over U.S. buyers of large pickups, will offer a V-8 turbo diesel engine in its redesigned Titan truck, a first for a Japanese automaker. Details of the next Mississippi-built Titan, which hasn’t been fully revamped since its 2003 introduction, aren’t being disclosed at this time, the company said.

Tesla tests well

Tesla Motors Inc., the electric car maker led by billionaire Elon Musk, said its flagship Model S sedan received the highest crash test ratings of any car tested by U.S. regulators. The battery-powered vehicle, with a base price of $70,000, got five-star ratings in every safety and crash category set by the National Highway Traffic Safety Administration.

TiVo upgrade

TiVo Inc., unveiling its fifth-generation digital video recorders, wants to give television viewers more control over what they watch on traditional channels and over the Internet. With its new Roamio DVR, TiVo is counting on avid television viewers preferring one device to do it all. The Roamio went on sale Tuesday and marks the company’s first big update in three years. The $200 base model has 75 hours of storage and can record four channels at once.

LinkedIn for teens

LinkedIn, a social networking company, is lowering the minimum age of its membership to 14 from 18 in the U.S. to try to become a go-to resource for college-bound teenagers. LinkedIn is also offering a new feature, “University Pages,” to encourage colleges to build out their profiles on LinkedIn.