I Regret to Report That the Most American-Made Car Is a Tesla

I Regret to Report That the Most American-Made Car Is a Tesla

Photo: Associated Press Tesla seems to be leading the pack when it comes to American-made cars, Senator Joe Manchin killed your hope of getting a bonus tax credit for EVs made with domestic union labor, and General Motors is hitting the pause button at the Hummer EV factory … but it’s a good thing. Plus: … Read more

Fed’s Powell facing rising criticism for inflation missteps

Fed’s Powell facing rising criticism for inflation missteps

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats to the US economy have mounted, though, Powell has increasingly struck Fed watchers as much less sure-footed. Inflation has proved higher and far more persistent than he or the Fed’s staff economists … Read more

More Companies Start to Rescind Job Offers

Businesses in several different industries are rescinding job offers they made just a few months ago, in a sign the tightest labor market in decades may be showing cracks. Companies including Twitter Inc. real-estate brokerage Redfin Corp.. and cryptocurrency exchange Coinbase Global Inc. have rescinded offers in recent weeks. Employers in other pockets of the … Read more

UK rail strike strands commuters, pits workers against govt

LONDON (AP) – Tens of thousands of railway workers walked off the job in Britain on Tuesday, bringing the train network to a crawl in the country’s biggest transit strike for three decades – and a potential precursor to a summer of labor discontent. About 40,000 cleaners, signalers, maintenance workers and station staff held a … Read more

For K-pop supergroup BTS, questions remain about its future

SEOUL, South Korea (AP) – The surprise announcement by BTS Last week they were taking a break to focus on members’ solo projects stunned their global fanbase, shaking their label’s stock price and leaving many questions about the K-pop supergroup’s future. HYBE, the company behind the band, denied the group was taking a hiatus – … Read more

How much for gas? Around the world, pain is felt at the pump

COLOGNE, Germany (AP) – At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($ 23), 23 euros, 24 euros. The numbers showing how much gasoline he’s getting rise, too. But much more slowly. Painfully slowly. “I’m getting rid of my car this October, … Read more

Mark Zuckerberg shows early metaverse headsets Mirror Lake, Holocake

The company formerly known as Facebook is going to spend $ 10 billion this year on research and development on virtual reality and augmented reality technologies, including computerized glasses or headsets. On Monday, Meta CEO Mark Zuckerberg showed off how much progress the social media company has made towards that goal by revealing many of … Read more

Rail walk-out kicks off in UK amid fears of a summer of pay strikes

Forty thousand UK Network Rail staff and workers at 13 train operators have staged walkouts over pay in Britain’s biggest rail strike in 30 years. Jeff J Mitchell | Getty Images News | Getty Images LONDON – A days-long rail walkout that is causing severe travel disruption across Britain could be just the beginning of … Read more

‘The impossible’: Ukraine’s secret, deadly rescue missions

KYIV, Ukraine (AP) – As was his habit before each flight, the veteran Ukrainian army pilot ran a hand along the fuselage of his Mi-8 helicopter, caressing the heavy transporter’s metal skin to bring luck to him and his crew. They would need it. Their destination – a besieged steel mill in the brutalized city … Read more

‘Day Zero’: This city is counting down the days until its water taps run dry

CNN – Every day, Morris Malambile loads his wheelbarrow full of empty plastic containers and pushes it from his home to the nearest running tap. It’s much further than the usual walk to the kitchen sink – just a little under a mile away – but it’s not the distance that bothers him. It’s the … Read more