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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Why Tesla Shares Are Surging
By Tenzin Pema and Paul Lienert, ReutersShares of Tesla Motors surged to their highest in six months early on Friday after the electric car maker said orders for its new Model 3 sedan, its first car aimed at the mass market, had sped past...
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Here’s Why GM Reported Record Profits -- and Its Shares Tanked
By Bernie Woodall and Joseph White, ReutersGeneral Motors Co reported record quarterly and annual profits on Wednesday and promised 2016 will be even better, but unimpressed investors dumped the automaker's shares. The disconnect highlights...
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The 5 Worst Cars at the 2016 Detroit Auto Show
By Julie Halpert, The Fiscal TimesSometimes even the most well-intentioned car launches go horribly wrong. Think back to the 1990 Pontiac Transport, which quickly acquired the moniker "dust buster," and the 2007 Chrysler Sebring,...
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The 10 Vehicles with the Best Resale Value
When you’re out car shopping, you may be focused on a vehicle’s mileage or safety features, but there’s another factor worth considering: resale value. Cars are notorious for their rapid depreciation...
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This Is a Big Problem for the Auto Industry – and It’s Getting Worse
Car dealers may be coming off of their biggest sales year ever, but the future for the auto industry looks murkier as the percentage of Americans with a driver’s license continues to fall. Just 77...