The average electric car price in the United States hit $66,000 last month – a more than 13% increase year over year. That’s a bit disappointing since the promise has been that EV prices would come down, but this price increase isn’t the whole story. One of the biggest complaints about electric vehicles remains their
The busiest earnings week of the summer is here — oh, and the Federal Reserve will announce its latest decision on interest rates Wednesday afternoon as the U.S. central bank tries tame the hottest inflation in four decades. Don’t forget the first look at second-quarter gross domestic product Thursday morning. That’s when we find out
A federal jury found former Trump adviser Steve Bannon guilty on two counts of contempt of Congress for defying a subpoena from the House select committee investigating the Jan. 6 attack. Bannon faces a minimum sentence of 30 days in jail, according to federal law. #CNN #News
In this article AMZN WMT The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Shares of Amazon fell more than 4% in extended trading on Monday after Walmart said it was lowering its quarterly and full-year profit guidance. Walmart announced after the bell on Monday
It’s five months since Vladimir Putin sent troops into Ukraine and four since Russia published any kind of casualty count. 1,351 Russian servicemen killed they said then, with no update since. No word on the missing either. “The families aren’t told where they’ve gone missing or the circumstances,” says Valentina Melnikova who runs the Committee
Ghislaine Maxwell has been moved to a low-security prison in Florida, according to official documents. The 60-year-old was found guilty of luring young girls to massage rooms for disgraced financier Jeffrey Epstein to molest between 1994 and 2004. She lodged an appeal against the sex trafficking conviction and 20-year sentence earlier this month. Prison documents
US actor Paul Sorvino, most famous for his role as gangster Paulie Cicero in the hit movie Goodfellas, has died aged 83. Sorvino, also known for portraying police sergeant Phil Cerretta on TV series Law and Order, had worked in film and television for more than 50 years. “I am completely devastated. The love of
8:00 AM ET NBA Insiders The 2021-22 NBA season felt more normal than the previous two seasons, but the sport was without some of its biggest stars. LA Clippers forward Kawhi Leonard, New Orleans Pelicans forward Zion Williamson, Denver Nuggets guard Jamal Murray and Brooklyn Nets forward Ben Simmons all missed last season because of
Public spending in the north has fallen behind the England average despite the government’s flagship “levelling up” agenda, according to a new think tank analysis. IPPR North – a branch of the Institute for Public Policy Research – said that, despite Boris Johnson’s repeated pledges to level up the country, “money simply hasn’t followed the
Gazprom plans to cut the flow of natural gas to Europe – reducing the Nord Stream 1 pipeline to just 20% of capacity from Wednesday. The Russian state-owned energy firm said “daily throughput” would be cut from 4am due to necessary equipment repairs. Russia reduced Nord Stream 1 to 40% of capacity in June and
Researchers have suggested a new way to detect planets that orbit around dead stars known as Cataclysmic Variables (CVs), which are essentially binary star systems that have two stars in extreme proximity to each other. The lack of distance between them leads to one star drawing material from the other, thereby dimming the second star.
Swathes of England may face drought as soon as August if the hot and dry weather persists, the Environment Agency has confirmed. A dry spring and early summer have already withered rivers and reservoirs and watered down water quality in many parts of England, pushing most of the country into “prolonged dry weather” status, the
One year after announcing a collaboration with JB Poindexter subsidiary EAVX to develop commercial EVs, REE Automotive has officially unveiled the Proxima electric van, kicking off live demonstrations and customer evaluations in the US. REE Automotive ($REE) is an e-mobility solutions company headquartered in Herzliya, Israel, with additional footprints in the US, UK, and Germany. Last summer, REE
It has been three years since the UK last enjoyed a full fixture of festivals – from local line-ups to the likes of Glastonbury and Download. But while the COVID restrictions have faded away and the summer is rammed with events, industry figures are facing fresh challenges – and ones they predicted back in 2019.
Sir Keir Starmer has suggested Labour would drop its pledge to renationalise the railways, despite repeated promises to do so. The Labour leader insisted he took a “pragmatic” approach when asked about whether he would place rail, energy and water companies back under public ownership. His view appears to have changed since he became leader
Conservative leadership candidate Liz Truss met with children in Peterborough and they didn’t hide their feelings. #Shorts
CNN’s George Conway and Gloria Borger react to the January 6 committee hearing that focused on former President Donald Trump’s inaction as rioters stormed the US Capitol. #january6 #CNN #News
India’s space sector startups are looking forward to the new space policy for easier access to finance and clarity on issues related to liability in case of untoward incidents. At least 100 startups are active in the country’s space sector building satellites, launch vehicles and even designing in-orbit refuellers for satellites that would otherwise have
A damning review of Scottish cricket has found that its governing body failed on almost all tests of institutional racism. Sky News revealed on Saturday that the independent review found the sport in Scotland to be institutionally racist. Independent investigators have now published the details of their findings. They found 448 indicators of institutional racism.
Ryanair has warned that rising fuel prices will increase costs despite reporting a first-quarter profit. The airline industry has been impacted by significant disruption at airports and the Ukraine war but the budget airliner reported profits after tax of €170m (£145m) in Q1 (April to June 2022) against net losses of €273m (£233m). Passenger numbers