Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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The Battery Problem That Could Slow the Electric Car Revolution
By Zandi Shabalala, ReutersProducers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming...
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How Uber and Lyft Can Save Health Insurers a Lot of Money
By Christina Farr, CNBCGetting patients to the doctor's office is a big cost for many insurers. That presents an attractive opportunity for Lyft and Uber, which to date have focused on consumers. Non-emergency medical...
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5 Reasons Electric Cars Won’t Reduce Oil Consumption Anytime Soon
By David Yager, Oilprice.comHardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks are replaced by uber-clean Electric Vehicles...
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Most of US Love American-Made Goods, but Paying More for Them Is a Problem
By Timothy Aeppel, ReutersAmericans say they love U.S.-made goods. They are less enthusiastic, however, about paying a premium for them. At the AMES Companies Inc factory here, the wheelbarrows coming off the assembly line...
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How Tesla Is Preparing for Its New Model 3: Hiring Lots of Technicians
By Marc Vartabedian, Oilprice.comTesla Inc ( TSLA.O ) said it is expanding its auto service centers and adding 350 mobile service vans as it gears up to support its Model 3 sedan, a mass-market car that is expected to drive a 500...
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How Automakers Are Propping Up Used Car Prices
By Nick Carey, ReutersTwo lanes apart at a noisy, fast-paced auto auction near Detroit, two vehicles show why major U.S. automakers have a problem with used cars. In one lane of the Manheim auction facility, a black 2015...
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In the Electric Car Market, Tesla's Not The Only Game in Town
By Nick Cunningham, Oilprice.comVolvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it...
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Here’s the Strategy Behind Volvo’s Big Move Into Electric Cars
By Niklas Pollard, ReutersAll Volvo car models launched after 2019 will be electric or hybrids, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion...
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Bad News for Automakers: The Average US Household Can't Afford a New Car
By Sarah O'Brien, CNBCAs wages stagnate and the cost of living continues to rise, paying for a new car is a challenge for consumers, according to a new study. The report by Bankrate.com shows that in all but one of the 25...
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Why Your Next Ford Could Be Made in China
By Paul Lienert and David Shepardson, ReutersFord Motor Co ( F.N ) said Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China...
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The Concept Car as a Living Room on Wheels
By Paul Lienert, ReutersGermany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in...
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GM’s Ignition Switch Crisis Means 3 New Recalls
By Ryan Vlastelica, ReutersGeneral Motors Co ( GM.N ) began the new year by announcing three new vehicle recalls on Thursday, as the ignition switch crisis continued to dog the automaker after millions of vehicles were...
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Wanted in 2015: A Car No One Else Has
By Edward Taylor, ReutersMartin Kapp gestures towards the sleek red Italian sports car standing in his barn in the heart of Germany , secure in the knowledge there is not another exactly like it in the world. By...
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Buying Cars for $60K Becomes the New Norm
By Phil LeBeau, CNBCIn the latest sign Americans are comfortable paying more for what they'll drive, the country is on the cusp of major milestone. This year, automakers are on pace to sell more than one million...
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Will Cheaper Oil Burn Tesla?
Some things are simply immutable. It doesn't matter how much we wish things were different. Or how hyped something is. If basic laws are violated, reality comes rushing back in. It looks like that's...