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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Senate Turns Up Heat on GM’s Evasive CEO Barra
By Rob GarverSenators took off the gloves when questioning General Motors CEO Mary Barra on Wednesday, expressing doubt that top executives hadn’t known about a deadly ignition switch problem that eventually led...
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GM Ignition Switch Fix Would Have Cost Less Than $1 Apiece
By Paul Lienert and Marilyn W. Thompson, ReutersGeneral Motors in 2005 decided not to change an ignition switch eventually linked to the deaths of at least 13 people because it would have added about a dollar to the cost of each car, according to...
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GM CEO Says She Doesn’t Know Why It Took So Long to Fix the Ignition
By Eric PianinThere were no “smoking guns” or revelatory moments to explain why it took General Motors and federal regulators a decade to figure out that an ignition key defect and related air bag problem in the...
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After a Dramatic Comeback, GM Crisis Takes the Company Down
By Rob GarverGM’s ignition switch recall crisis could have a cascading effect of the automobile industry supply chain, experts said. But a combination of factors suggest it would be of limited duration.
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NHTSA Chief Will Blame GM for Long Delayed Recall
By Eric Pianin and Rob GarverThe nation’s chief highway traffic safety regulator will blame General Motors’ decade of silence on an ignition switch defect and related air bag deployment problems that contributed to at least a...