Russia lifts ban on most diesel exports
By Vladimir Soldatkin MOSCOW Russia's government said on Friday it had lifted a ban on pipeline diesel exports
2023-10-06 22:21
Car buyers can get their EV tax credits up front at the dealership starting in January
People shopping for electric vehicles starting next year will be able to get a $7,500 federal tax credit off the sticker price while at the dealership, rather than having to wait months to receive their tax returns.
2023-10-06 22:16
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:58
UAW strike decision day comes as bargaining heats up
By Joseph White DETROIT United Auto Workers President Shawn Fain is scheduled to say later on Friday whether
2023-10-06 21:50
Pioneer shares jump on merger talks with Exxon
Shares of Pioneer Natural Resources rose 10% in premarket trading on Friday following reports that top U.S. oil
2023-10-06 21:26
Further Fed rate hike comes into view as job growth accelerates
Traders on Friday raised bets that the Federal Reserve will hike interest rates before the end of the
2023-10-06 20:58
U.S. Treasury details EV tax credit rebate rules
By David Shepardson WASHINGTON The U.S. Treasury Department on Friday issued new guidance on how a $7,500 electric
2023-10-06 20:57
US job growth soared in September, adding 336,000 positions
The US job market surged in September, adding more jobs than expected for the second consecutive month, according to data released Friday by the Bureau of Labor Statistics.
2023-10-06 20:52
Trend hedge funds come out winners in bond market rout
By Nell Mackenzie LONDON A fresh rout in government bonds has sparked alarm across world markets, battering equities.
2023-10-06 20:28
China's Golden Week holiday spending per capita surpasses 2019 levels
BEIJING Chinese holidaymakers' spending surged during this year's eight-day Golden Week holiday, beating pre-pandemic levels and potentially boosting
2023-10-06 20:26
US Regulators Weigh Penalizing Bankrupt Crypto Lender Voyager’s Ex-CEO
Investigators at a key US regulator have concluded that the co-founder of Voyager Digital Ltd. broke derivatives regulations
2023-10-06 20:25
EV Maker Lucid’s $338,000 Loss Per Car Is Turning Investors Off
The diverging fortunes of the two most prominent electric vehicle startups in the US show Wall Street is
2023-10-06 20:23