Ford Motor Co has voiced concerns about the Biden administration’s proposal to raise vehicle fuel economy standards through 2032, warning that it could lead to “significant economic hardship” for the automaker. This objection from Ford is part of the ongoing resistance from the auto industry against the National Highway Traffic Safety Administration’s (NHTSA) plan, which…
Tesla (TSLA) is set to report its third-quarter earnings and revenue, and analysts are approaching this with tempered expectations after the company’s underwhelming Q3 deliveries were announced earlier in October. Wall Street anticipates Tesla’s earnings per share (EPS) to decrease by 30% to 73 cents, marking the lowest figure in two years for CEO Elon…
GuardianSat, a startup based in Delaware, made a significant announcement on October 12, revealing that it had secured a grant from the National Science Foundation’s America’s Seed Fund. This funding is intended to propel the company’s groundbreaking technology aimed at safeguarding satellites from potential collisions with space debris. The grant, a Small Business Technology Transfer…
Recent developments in key categories that have contributed to the ongoing slowdown in inflation, such as used cars and airfares, have given rise to new upward risks. This has raised questions about whether price pressures in service components like housing will decelerate enough in the coming months to sustain the downward trend. While there is…