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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Classic American Cars: Is There a Fortune in Your Garage?
By Erik Sherman, The Fiscal TimesBlack Book, a publisher of value guides for new and used vehicles, says a handful of American cars have transcended their "regular" start to become collectibles with prices that can top $1 million.
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Self-Drivings Cars May Change Where You Want to Live
By Deborah Findling, CNBCMenlo Ventures managing director Venky Ganesan says that urban spaces will change dramatically once self-driving cars become widespread. "The average house is roughly 3,000 sq ft and it's been going...
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Why Lower Used-Car Prices Could Be Bad News for the Economy
By Rebecca Ungarino, CNBCUsed-car prices are sliding, and some warn that this trend could have sharply negative effects on both relevant stocks and on the economy as a whole. "This is a credit bubble in autos that is very...
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How Elon Musk Plans to Produce the Tesla Model 3 in Record Time
By Alexandria Sage, ReutersTesla Inc ( TSLA.O ) Chief Executive Elon Musk took many risks with the technology in his company's cars on the way to surpassing Ford Motor Co's market value. Now Musk is pushing boundaries in the...
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Tesla Is Now Worth More Than Ford as It Shares Surge Higher
By Robert Ferris, CNBCTesla shares hit an all-time high on Monday, after the electric carmaker announced strong first-quarter delivery numbers Sunday that outpaced analysts' expectations. Tesla shares surged as high as $...