While no specific tax increase is taking effect in California, at least two state lawmakers are raising alarm about a set of regulatory and business circumstances that could send pricing soaring.
December 2, 2024Search
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US Commits to $7.54B Loan for Stellantis EV Battery Plants
Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind.Â
December 2, 2024Canada Tells Trump Its Border Differs From Mexico’s
TORONTO — Canada’s ambassador to the U.S. said Prime Minister Justin Trudeau was successful in getting President-elect Donald Trump to understand that lumping Canada in with Mexico is unfair.
December 2, 2024Great Lakes Region Prepares for More Snow
ORCHARD PARK, N.Y. — Parts of the Great Lakes region saw new snow Dec. 2 and faced the prospect of even more this week after U.S. travelers battled harsh weather to get home after Thanksgiving.
December 2, 2024Mexico Warns Against ‘Inflationary’ US Tariff Plan
Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.
November 27, 2024European Markets Slide on Trump’s Trade War Warning
Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.
November 27, 2024Trump’s Trade Pick Pushes Strategic Decoupling From China
Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.
November 27, 2024Goldman Warns of Consequences From Canada Tariff Plan
The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S., said Daan Struyven, the head of commodities research for Goldman.
November 27, 2024Consumer Spending Powers Q3 US GDP Growth to 2.8%
Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Nov. 27.
November 27, 2024Federal Reserve Officials Signal Cautious Path for Rate Cuts
WASHINGTON — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves.
November 26, 2024