WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
WASHINGTON >> The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on over a dozen entities, individuals, and ships for their role in the clandestine sale of Iranian unmanned
Toyota Motor Corp said Friday it will invest $1.4 billion in its factory in the U.S. state of Indiana to start producing electric vehicles from 2026, making it the company's second EV production site in the country after its Kentucky plant. The Japanese automaker will hire up to 340 new
Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan so far limited to China. Toyota plans a second U.S.-made three-row electric SUV. And Honda is creating another EV hub in Canada. This and more, here at Green Car Reports. More lower-priced Ford EVs are on the way, the automaker said
Under a new CEO, Jeep wants to address a five year decline by introducing new models, and combustion engines might be on the table
The U.S. and U.K. on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran’s unprecedented attack on Israel could fuel a wider war in the Middle East.
Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report) saw strong trading volume on Monday . 1,163,042 shares traded hands during mid-day trading, an increase of 119% from the previous session’s volume of 532,048 shares.The stock last traded at $114.34 and had previously closed at $116.17. iShares Core S&P U.S. Growth […]
GM reveals more about what will turn its EVs into backup power for the home. Mini shows its Aceman EV. And EV sales are set to make gains in the U.S. and globally in 2024. This and more, here at Green Car Reports. The Mini Aceman urban EV has been revealed, and it quite closely follows the 2022 concept car of the same name. If this model arrives in the
Treasury's Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel.
WalletHub compared the nine largest U.S. airlines, plus one regional carrier, across three major categories.