Car Buyers Face A Stubborn Problem That Fed Interestrate Cuts Cant Solve Recordhigh Prices
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Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 6d -
The buyer of Michael Jordan’s $9.5 million mansion is an urban explorer who films inside abandoned buildings
The buyer Jordan’s Chicago mansion has come forward to identify himself as a longtime fan of the NBA legend—and he’s sharing his plans for the property.MarketWatch - Jan. 8 -
Car companies have an infuriating software problem
Managing smooth updates is becoming ever more important with the spread of EVs and more sophisticated systemsFinancial Times - Jan. 8 -
Man trapped inside driverless car as it spins in circles
Mike Johns was on his way to the airport when the Waymo robotaxi began circling a parking lot non-stopBBC News - Jan. 7 -
Streeting says he is ashamed of NHS winter problems
The health secretary sees patients left crying and distressed, as hospitals declare critical incidents.BBC News - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Stamp duty changes will motivate first-time buyers, says Halifax
The UK's biggest mortgage lender says house prices rose 3.3% during the course of 2024.BBC News - Jan. 7 -
Uber and Lyft to offer driverless rideshare cars
Customers in Atlanta and Austin, Texas, will be able to hail one of these driverless rideshare cars via the Uber app.The Hill - Jan. 7 -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - Jan. 7 -
With N.Y.C. Congestion Pricing, Drivers Face a New Weekday Reality
The first Monday commute under New York City’s new tolling plan went smoothly, but officials are still assessing how the program is affecting traffic patterns.The New York Times - Jan. 6 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
Do Tom Thibodeau's Knicks have a minutes problem?
After winning nine games in a row and capping a strong 12-2 December, the Knicks fell in back-to-back games in which they looked outmatched without their starting unit in and gassed down the stretch.Yahoo Sports - Jan. 6 -
Fed’s top bank cop to step down, averting potential clash with Trump
Politico - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - Jan. 5 -
WATCH: Dog catches the ‘zoomies’ while in the car
This dog got so excited while riding in the back of the car, he had to run to both windows to enjoy the views.ABC News - Jan. 4 -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Why a Jimmy Butler and Pat Riley divorce always felt inevitable as two stubborn winners clash in Miami
Heat star Jimmy Butler and team president Pat Riley are heading for a break-up that neither will want to loseCBS Sports - Jan. 4 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
Intel's Problems Are Even Worse Than You've Heard
There is fresh evidence the once-mighty innovator is losing market share in more areasThe Wall Street Journal - Jan. 3 -
Postecoglou has 'no problem' with Maddison at darts
Tottenham manager Ange Postecoglou says he has "got no problem" with James Maddison going to watch darts despite being unable to start a match because of illness.BBC News - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
Invention Turns Your Car Into An Anti-Carjacking Flamethrower
Yahoo News - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
Slovakia threatens to cut benefit for Ukrainians
Yahoo News - Jan. 3 -
Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
California gas car ban faces uncertain future
{beacon} Energy & Environment Energy & Environment The Big Story Legal challenges complicate California's auto future While the Biden administration recently approved California’s effort to ban ...The Hill - Jan. 2 -
There’s a big problem with trying to replace Johnson — no clear alternates
Three potential alternate speaker candidates have come up in conversations among holdouts. But they don’t have the needed votes to become speaker, either.Politico - Jan. 2 -
Europe needs to tackle its red tape problem
Complex overlapping rules and burdensome reporting requirements are strangling EU growthFinancial Times - Jan. 2 -
UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body
Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged. Britain needs to press ahead with a ban on the sale of new hybrid cars with no ...The Guardian - Jan. 2 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1