Tag Archives: cost

The average cost of a new car tops $50,000 for the first time ever

The average cost of a new car tops ,000 for the first time ever

New York  —  New car buyers can expect to shell out an average of more than $50,000 for the first time, according to a report from Kelley Blue Book. The average price customers paid for a new vehicle in the US was $50,080 in September, a reflection in part of the steadily rising prices in the wake of automotive tariffs. …

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Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion – The New York Times

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion  The New York Times GM takes $1.6bn charge to scale back electric vehicle production  Financial Times GM to take $1.6 billion charge related to EV pullback  CNBC GM to take $1.6Bn hit as tax incentives for EVs are cut and emission rules ease  ABC News – Breaking News, Latest News and Videos GM to take …

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Americans are eating Trump's tariffs, Goldman Sachs says — and they're about to cost more – qz.com

Americans are eating Trump’s tariffs, Goldman Sachs says — and they’re about to cost more  qz.com U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says  NBC News Goldman Sees US Consumers Paying More Than Half of Trump Tariffs  Bloomberg.com Goldman Sachs Report Blows Up Trump’s Key Tariff Claim  The Daily Beast How the United States is eating Trump’s …

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MTV to end 5 UK music channels in December as part of $500M cost cuts

MTV to end 5 UK music channels in December as part of 0M cost cuts

Nearly 40 years after debuting in the United Kingdom, MTV is retiring several of its channels there. According to BBC News, MTV Music, MTV 80s, MTV 90s, Club MTV and MTV Live will no longer be available after Dec. 31, 2025. MTV launched in the U.S. in 1981 and expanded to Europe in 1987, which included broadcasting in the U.K. …

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Lloyds warns car finance scandal could cost it £2bn

Lloyds warns car finance scandal could cost it £2bn

Lloyds Banking Group is setting aside an additional £800m for car finance compensation claims, bringing the total amount allocated by the bank for redress to nearly £2bn. The company said that the number of eligible claims is expected to be higher than previously thought. Millions of drivers who bought cars on finance with hidden commission payments between 2007 and 2024 …

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Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring

Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring

Washington  —  Persistent worries about the higher cost of living and few job opportunities pushed consumer sentiment down to its seventh-lowest level in October, on records going back to 1952. Consumer sentiment edged a hair lower early this month to a preliminary reading of 55, the University of Michigan said Friday — a weak level rarely seen in the post-World …

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Scientists Sound Alarm Over Solar ‘Space Tornadoes’ That Threaten to Cripple Global Connectivity (and Cost Billions Daily)

Scientists Sound Alarm Over Solar ‘Space Tornadoes’ That Threaten to Cripple Global Connectivity (and Cost Billions Daily)

IN A NUTSHELL 🌪️ Geomagnetic storms could cause global internet outages, costing the U.S. economy $7.2 billion per day. 🔍 A new study by the University of Michigan highlights the need for better detection of space tornadoes. 🚀 Solar sail probes could increase space weather warning speeds by 40% if deployed strategically. 📡 Real-world impacts of geomagnetic storms include disrupted …

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The Covid-19 vaccine is still available to most Americans at no cost despite CDC recommendation – for now

The Covid-19 vaccine is still available to most Americans at no cost despite CDC recommendation – for now

Most Americans with health insurance should not have to pay out of pocket for Covid-19 vaccines, even after the US Centers for Disease Control and Prevention added an extra hurdle to getting the shot. But some people could face new costs. The CDC adopted its vaccine advisers’ vote to shift away from a broad recommendation for Covid-19 immunization; people who …

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