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 …
Read More »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 …
Read More »MTV to end 5 UK music channels in December as part of $500M 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. …
Read More »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 …
Read More »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 …
Read More »17 Chronically Ill People Share The Shocking Misdiagnoses That Nearly Cost Them Their Lives – BuzzFeed
17 Chronically Ill People Share The Shocking Misdiagnoses That Nearly Cost Them Their Lives BuzzFeed Source link
Read More »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 …
Read More »What the Xbox Game Pass price hike says about the rising cost of playing games | Games
In the music, TV and film industries, streaming has completely upended the business model. Instead of buying albums and films, most of us pay for a few subscriptions depending on what we want to watch, and maybe supplement that with the odd vinyl or special-edition Blu-ray. This has been pretty terrible for musicians, who earn approximately $0.004 per play on …
Read More »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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