Author: Daniel snow
Volkswagen is planning to begin production of an EREV pickup truck and SUV under the Scout brand name starting in 2027.VolkswagenMajor automakers are set to resurrect a type of hybrid vehicle that seemed dead in the U.S. just a few years ago to meet a changing consumer demand landscape.Extended-range electric vehicles (EREVs) are a form of plug-in hybrid that falls midway between traditional hybrids and full EVs. EREV cars and trucks rely on battery powered motors for propulsion (like an EV) but also have a relatively small gas engine to use as a generator to keep the batteries charged up…
Trade wars influence how much households spend Source link
American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin.Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature today’s premium-class must-have — a sliding door — and other features like a “trinket tray” and a wireless charging pad.Within the cabins on its subset of Boeing Dreamliners, which American is calling the 787-9P (the P stands for premium), there will be eight “Preferred” suites that the airline…
Scott Kirby also said “Newark is safe” in the wake of outages and cancellations that have snarled air travel for the past several weeks, while speaking at WSJ’s Future of Everything festival. Source link
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday.The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%. The monthly reading was in line with the Dow Jones consensus forecast while the annual level was 0.1 percentage point lower.Excluding food and energy, the core reading that tends to get even greater focus from Fed policymakers showed readings of 0.1% and 2.5%, against respective…
Chinese President Xi Jinping and U.S. President Donald Trump.Dan Kitwoodnicholas Kamm | Afp | Getty ImagesPresident Donald Trump on Friday accused China of violating a preliminary trade agreement with the United States.Trump made the claim in a social media post a day after Treasury Secretary Scott Bessent said that trade talks with China “are a bit stalled.”Stock futures fell Friday morning on the heels of Trump’s statement.The U.S. and China on May 12 agreed to a 90-day suspension on most tariffs imposed on each other’s imports. The agreement came after Trump slapped sky-high tariffs on imports from China into the…
Does Apple have another ‘Ted Lasso’-sized hit with ‘Stick’? And can ‘Ironheart’ help revive Disney’s sputtering Marvel franchise? Source link
19 May 2025, Berlin: Apricots are sold at a greengrocer for 7.98 euros per kilogram. Grapes and papaya are also on offer.Photo by Jens Kalaene/picture alliance via Getty ImagesGermany’s annual inflation hit 2.1% in May approaching the European Central Bank’s 2% target but coming in slightly hotter than analyst estimates, preliminary data from statistics office Destatis showed Friday.The print compares with a 2.2% reading in April and with a Reuters projection of 2%.The print is harmonized across the euro zone for comparability.So-called core inflation, which strips out more volatile food and energy prices, dipped slightly from April’s 2.8% to 2.9%…
Many young men are in crisis not because they lack masculinity, but because they’ve inherited only its shadow. Source link
Trump’s tariff playbook may be getting rewritten by the courts, but the era of low U.S. tariffs is over. Source link