DETROIT (AP) — When a futuristic-looking Ram electric pickup truck goes on sale next year, it will hardly be the first in line. By then, at least seven EV competitors are expected to go on sale, all vying for a share of the massive full-size truck market that now includes the top three selling gasoline …
CES 2023: Ram electric pickup joins the crowded field next year Read More »
NEW YORK (AP) — The Federal Reserve’s decision on Wednesday to raise its key rate by half a point took it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase – its seventh rate hike this year – will make it even more expensive for consumers and …
PORTLAND, Oregon. (AP) — Tuesday marks the first-ever U.S. auction of leases to develop commercial-scale, floating wind farms in the deep waters off the West Coast. The live online auction for the five leases – three off California’s central coast and two off its northern coast – has generated strong interest, and 43 companies from …
Sale revives floating offshore wind power in US waters Read More »
NEW YORK (AP) — Cautious shoppers sought the best deals in stores and online as retailers offered new Black Friday discounts to entice consumers eager to start shopping for holiday gifts but weighed down by inflation. . Due to high prices for food, rent, gasoline and other necessities, many people were more selective, reluctant to …
Inflation hangs over shoppers looking for Black Friday deals Read More »
A banking startup backed by billionaire Donald Trump supporter Peter Thiel and touted as “anti-awakening” to “pro-freedom” Americans is closing after less than three months. The bank, GloriFi, spent $50 million on investment funds, laid off most of its staff on Monday and notified workers it was closing, The Wall Street Journal reported. The financing …
The Thanksgiving travel rush was back this year as people boarded planes in numbers not seen in years, putting inflation concerns aside to reunite with loved ones and enjoy some normalcy after two seasons. holidays marked by COVID-19 restrictions. Changing habits around work and leisure, however, could disperse crowds and reduce the usual stress of …
The Thanksgiving travel rush is back with new habits Read More »