
Lab-Grown Diamonds Are Testing the Power of Markets
And it is not just diamonds. Everything in the economy whose value is predicated on scarcity is suddenly abundant: luxury handbags, music, even currency itself. Why is anything worth anything anymore?

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Car and Driver
20 minutes ago
- Car and Driver
2026 Lincoln Navigator Review, Pricing, and Specs
Overview The spiritual descendant of the long-departed Lincoln Town Car sedan, the 2026 Lincoln Navigator SUV makes no apologies for its massive footprint, eight-passenger capacity, opulent interior touches, and $100,000-plus starting price. Full-size by any measure, there's also a long-wheelbase version (the L) that increases cargo room. Both offer heated, ventilated, and massaging front seats and BlueCruise hands-free driving capability as standard equipment. An impressive 48-inch panoramic screen also comes with that serves double duty as the driver's instrument cluster and passenger data-and-entertainment center. A 440-hp twin-turbocharged V-6 and standard all-wheel put down the power. While the tech factor is high, the Lincoln Navigator has a clubby, old-school vibe in spades. Expert Tip: If you need a full-size SUV but desire more driving engagement, check out the BMW X7. If speed is the number one priority and you've got the means, the Cadillac Escalade-V or Mercedes-AMG GLS-Class could be your ride. What's New for 2026? Fully refreshed for 2025, the Navigator rolls into 2026 with no significant changes. Pricing and Which One to Buy The price of the 2026 Lincoln Navigator is expected to start around $103,000 and go up to $123,000 depending on the trim and options. Reserve $103,000 (est) Reserve L $106,000 (est) Black Label $120,000 (est) Black Label L $123,000 (est) 0 $50k $100k $150k $200k While the top-spec Navigator Black Label trim is the most sumptuous, we feel the Reserve makes the most sense. The choice to go for the long wheelbase L—or not—is up to you. If towing is important, spring for the Heavy-Duty Trailer Tow package to unlock the SUV's 8700-pound max capacity. Engine, Transmission, and Performance Engine: 440-hp turbocharged 3.5-liter six-cylinder 440-hp turbocharged 3.5-liter six-cylinder Transmission : 10-speed automatic : 10-speed automatic Drivetrain: All-wheel-drive The 2025 Navigator offers only one powertrain, but with 440 horsepower, that's all it needs. The twin-turbocharged 3.5-liter V-6 proved responsive and genuinely speedy during our recent test drive. The 10-speed automatic shuffles through gears adeptly enough to avoid perturbing dozing passengers. 0–60-MPH Times C/D 60-mph Test: 5.3 seconds In Comparison: The last Escalade we tested, powered by the 420-hp, 6.2-liter V-8, required 5.9 seconds to hit 60 mph; the Escalade-V with the 682-hp supercharged V-8, however, blasted to 60 mph in just 4.3 seconds. View Exterior Photos Lincoln Towing and Payload Capacity Max towing: 8700 pounds Opting for the fancy 24-inch wheels cuts that figure slightly to 8500 pounds in the regular Navigator and 8400 pounds in the long-wheelbase Navigator. In Comparison: The Cadillac Escalade is rated for up to 8100 pounds when properly equipped. Fuel Economy and Real-World MPG EPA City Rating: 15 mpg 15 mpg EPA Highway Rating: 22 mpg The EPA hasn't released any fuel economy information for the 2026 Navigator yet, but the 2025 model earned ratings of 15 mpg city, 22 mpg highway, and 17 mpg combined. Seeing as the 2026 Navigator carries over unchanged, we don't expect these metrics to change. We'll update this section as soon as the official numbers are available. For more information about the Navigator's fuel economy, visit the EPA's website. Interior, Comfort, and Cargo First Row: As you might guess, it's cavernous inside. The Navigator Reserve has a 24-way power-adjustable driver's seat, but both front-seat passengers benefit from heated, ventilated, and massaging cushions. The Black Label takes things further with 30-way-adjustable front seats that even allow individual adjustment of the left and right thigh supports. Second Row: The second row offers either a bench seat, a pair of captain's chairs, or "PowerPitch and Slide" captain's chairs with heating, ventilation, and massage (optional on the Reserve and standard on the Black Label). There's all the stretch-out room here you'll ever need. Third Row: Remarkably, the Navigator's third row has even more legroom than the second row. Point is, this rear seat is ready to transport adults in comfort. Cargo Capacity: Cargo space is 23 cubic feet behind the third row, but opting for the long-wheelbase Navigator L increases it to 37 cubic feet. Fold the third row flat, and you've got 70 cubes of space (85 for the L). With both the second and third rows down, there's 107 cubic feet of cargo room (122 in the L). View Interior Photos Lincoln Infotainment and Connectivity Infotainment: 48-inch panoramic screen incorporating instrument cluster (standard), 11.1-inch lower central touchscreen (standard), 5.6-inch rear touchscreen (standard) 48-inch panoramic screen incorporating instrument cluster (standard), 11.1-inch lower central touchscreen (standard), 5.6-inch rear touchscreen (standard) Connectivity: Bluetooth, wireless Apple CarPlay and Android Auto (standard) Bluetooth, wireless Apple CarPlay and Android Auto (standard) Audio System: 28-speaker Revel Audio system (standard) The Navigator's eye-catching 48-inch dash-spanning screen with a Pano mode allows for video and gaming apps to be slid to either side of the dash when the vehicle is in park. While the lower central 11.1-inch touchscreen is responsive and intuitive, its suboptimal placement below the dash requires you to take your eyes off the road to control even the most basic functions. Over-the-air software updates arrive via the 5G Wi-Fi hotspot. Up to 14 USB-C ports, including four in the second row and four in the third row, make charging effortless. Safety and Driver-Assistance Features Lincoln's hands-free highway-driving technology, BlueCruise, is standard, as is its Co-Pilot360 suite of driver-assistance technology, which includes blind-spot monitoring, automated emergency braking, and pedestrian detection. For more information about the Navigator's crash-test results, visit the National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS) websites. Key safety features include: Standard Safety Features: Adaptive cruise control with hands-free driving mode, blind-spot monitoring with cross-traffic alert, automated emergency braking with pedestrian detection Warranty and Maintenance Coverage Lincoln's warranty coverage roughly matches that of its competitors, but there are a few perks that help the company's customer-service practices stand out. Owners who choose the Black Label trim enjoy four years of complimentary scheduled maintenance instead of just one year. Limited Warranty: Four years or 50,000 miles Four years or 50,000 miles Powertrain Warranty: Six years or 70,000 miles Six years or 70,000 miles Complimentary Maintenance: Four years or 50,000 miles C/D Test Results and Specs We test hundreds of vehicles each year. If the data in the chart below is for a different model year, that's because the current model hasn't changed from when we last tested it. Specifications Specifications 2025 Lincoln Navigator Vehicle Type: rear/4-wheel-drive, 7- or 8-passenger, 4-door wagon PRICE Base: Reserve, $101,990; Reserve L, $104,980; Black Label, $118,490; Black Label L, $121,485 ENGINE twin-turbocharged and intercooled DOHC 24-valve V-6, aluminum block and heads, port and direct fuel injection Displacement: 213 in3, 3489 cm3 Power: 440 hp @ 5850 rpm Torque: 510 lb-ft @ 3000 rpm TRANSMISSION 10-speed automatic DIMENSIONS Wheelbase: 122.5–131.5 in Length: 210.0–221.9 in Width: 84.6 in Height: 78.0 in Passenger Volume, F/M/R: 63/60/57 ft3 Cargo Volume, Behind F/M/R: 107–122/61–85/22–37 ft3 Curb Weight (C/D est): 5950-6200 lb PERFORMANCE (C/D EST) 60 mph: 5.3–5.5 sec 1/4-Mile: 13.8–14.1 sec 100 mph: 13.8–14.3 sec Top Speed: 115 mph EPA FUEL ECONOMY Combined/City/Highway: 17/15/22 mpg More Features and Specs
Yahoo
33 minutes ago
- Yahoo
Innovative Food Holdings Inc (IVFH) Q2 2025 Earnings Call Highlights: Revenue Surge and ...
Release Date: August 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Innovative Food Holdings Inc (IVFH) reported a 26.9% increase in revenue for Q2 2025. The company is exiting its cheese conversion business and selling its Pennsylvania warehouse, which is expected to improve cash flow and margins. IVFH's airline catering business grew by 26.1% in Q2, indicating strong performance in this segment. The company launched an AI-driven catalog management platform to accelerate vendor onboarding and catalog growth. IVFH is expanding its business into new regional markets and participating in national food shows to increase visibility and growth opportunities. Negative Points The cheese conversion business was unprofitable and required significant resources, leading to its discontinuation. Gross margin decreased by 294 basis points year over year, primarily due to the cheese conversion business. Selling, general, and administrative expenses increased due to higher payroll and office expenses. The digital channels business saw a 4.9% decline, although this was an improvement from a 6.8% decline in Q1. The company has deferred its name change and uplisting initiatives to focus on operational execution and integration efforts. Q & A Highlights Warning! GuruFocus has detected 5 Warning Signs with IVFH. Q: Why did Innovative Food Holdings decide to exit the cheese conversion business so soon after starting it? A: Bill Bennett, CEO, explained that the decision was difficult but necessary. The cheese business was not reaching the scale needed to justify the expenses of the Pennsylvania facility. Tariff pressures and the departure of a tenant compounded the challenges. The company decided to wind down the cheese conversion and sell the facility to focus on more profitable ventures. Q: How will the closure of the Pennsylvania facility affect the company's core strategy in the Northeast corridor? A: Bill Bennett, CEO, stated that the closure will not negatively impact the core strategy. The airline catering business, which was based there, can operate from anywhere and is actually cheaper to ship from Chicago. The digital channels business, a primary growth driver, will remain unaffected. Q: Is Innovative Food Holdings considering further acquisitions to meet growth goals after the cheese divestiture? A: Bill Bennett, CEO, mentioned that the company is still evaluating the integration of recent acquisitions like Golden Organics and Loco. Depending on the synergies and goals achieved, there may be opportunities for further acquisitions. The focus remains on supporting the broader strategy of being a drop-ship company. Q: What are the expected financial impacts of selling the Pennsylvania facility? A: Gary Schubert, CFO, noted that the sale will eliminate approximately $9 million in debt, significantly strengthening the balance sheet. The company expects some tax impacts, but these will be largely offset by net operating losses from previous years. The sale will also reduce interest expenses and improve cash flow. Q: Can you provide more details on the new AI-driven catalog management platform? A: Bill Bennett, CEO, explained that the platform is in a soft launch phase, allowing vendors to interact more efficiently. The focus is on accelerating item setup, which has already improved significantly. The platform aims to streamline processes and drive business outcomes, with ongoing development to enhance automation and efficiency. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio

Wall Street Journal
35 minutes ago
- Wall Street Journal
Nobody's Buying Homes, Nobody's Switching Jobs—and America's Mobility Is Stalling
Americans are stuck in place. People are moving to new homes and new cities at around the lowest rate on record. Companies have fewer roles for entry-level workers trying to launch their lives. Workers who do have jobs are hanging on to them. Economists worry the phenomenon is putting some of the country's trademark dynamism at risk.