Author: Daniel snow

Solar panels on the Seat Cupra SA plant in Martorell, Spain, on Thursday, March 13, 2025.Bloomberg | Bloomberg | Getty ImagesSolar stocks were under pressure Tuesday as the U.S. Senate’s version of President Donald Trump’s spending bill kept cuts to renewable energy incentives.Shares of Enphase Energy plummeted more than 17% in the premarket, while First Solar dipped about 12%. Sunrun slipped more than 27% and SolarEdge Technologies dropped 22%.The Senate version of the bill includes a provision that would fully phase out both solar and wind power tax incentives by 2028. It does, however, keep incentives for nuclear, hydropower and…

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Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 02, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesFederal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and Middle East turmoil will have on the economy.While any immediate movement on interest rates seems improbable, the policy meeting, which concludes Wednesday, will feature important signals that still could move markets.Among the biggest things to watch will be whether Federal Open Market Committee members stick with…

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2026 Chevrolet Corvette ZR1X with Carbon Aero packageGMDETROIT — General Motors is once again expanding its Corvette lineup with a new high-performance, hybrid variant of the quintessential American sports car.The Detroit automaker on Tuesday revealed the 2026 Chevrolet Corvette ZR1X “hypercar” — a souped-up version of the Corvette E-Ray hybrid that went on sale in 2023. It features similar performance outputs to the automaker’s current Corvette ZR1, including a twin-turbo V-8 engine, but has faster acceleration thanks to “electrification” technologies.”It is the most advanced Corvette we’ve ever produced. America’s true hypercar has arrived,” said Megan Dalley, Corvette marketing manager, during…

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