Job Losses at Europes Car Parts Suppliers Soar As Vehicle Market Slows
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Investors are on edge as Friday’s jobs report could make or break the stock-market rally
Rising Treasury yields are ratcheting up the anxiety for equity investors. Thursday’s stock-market closure offered only a brief reprieve from the mounting tension.MarketWatch - Jan. 9 -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - Jan. 9 -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - Jan. 9 -
Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
Wind conditions help slow the spread of Sunset Fire
The Sunset Fire broke out on Wednesday in Runyon Canyon Park. Visible flames from nearby iconic locations like the Hollywood Bowl, Dolby Theatre and Magic Castle all led them to close for the ...CBS News - Jan. 9 -
Flu cases in England’s hospitals soar after season starts early
NHS data shows mounting pressure from ‘quad-demic’ of virusesFinancial Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
California’s Wildfires Show No Signs of Slowing Down
As hurricane-force winds fan the most destructive wildfires in California history across bone-dry foothills, communities face the dual threat of natural forces and a warming world.Wired - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - Jan. 8 -
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - Jan. 8 -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - Jan. 8 -
Flying taxis are on the horizon as aviation soars into a new frontier
When he was still a boy making the long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk ...ABC News - 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 -
Surgeon general offers 'parting prescription' for US
Outgoing U.S. Surgeon General Vivek Murthy offered a “parting prescription” to the U.S. in a document released Tuesday. “As I finish my tenure as Surgeon General, this is my parting prescription, ...The Hill - Jan. 7 -
Europe leaders criticise Musk attacks
Although some of Europe's leaders have found favour with the billionaire, others are worried by his interventions.BBC News - Jan. 7 -
License Plate Readers Are Leaking Real-Time Video Feeds and Vehicle Data
Misconfigured license-plate-recognition systems reveal the livestreams of individual cameras and the wealth of data they collect about every vehicle that passes by them.Wired - Jan. 7 -
BMW to install new 'panoramic' display in all vehicles
BMW revealed its new Panoramic iDrive system, including windshield-length display, and BMW Operating System X on Tuesday during the CES tech show.CNBC - Jan. 7 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
Nvidia stocks soar after GeForce RTX 50 series debuts at CES
Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.CBS News - Jan. 7 -
Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - 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 -
The slow path to reliable data on child sexual abuse
Publishing limited statistics is still vital to ensure scrutiny and transparency as people end up speculating anywayFinancial Times - Jan. 7 -
Nvidia gets key design wins to bring AI to autonomous vehicle fleets
Nvidia has announced it has key design wins for autonomous vehicles with car makers such as Toyota, Aurora and Continental.VentureBeat - Jan. 7 -
Nvidia Drive Hyperion platform passes key safety assessments for autonomous vehicles
Nvidia today announced that its autonomous vehicle (AV) platform, Nvidia Drive AGX Hyperion, has passed industry-safety assessments.VentureBeat - Jan. 7 -
Heavy snow slams part of the U.S.
The northeast of the U.S. has already seen several inches of snow as temperatures fall and driving conditions worsen. CBS News Philadelphia's Nikki Dementri has more from Cape May, New Jersey, and ...CBS News - Jan. 6 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.NBC News - Jan. 6 -
Lucid reports record quarterly vehicle deliveries, meets production target
Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024.CNBC - Jan. 6 -
German electric vehicles sales collapse in 2024 after end of subsidy
Yahoo News - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6
