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Michael Kevane, an economics professor in San Jose, Calif., parked his 2005 Prius as usual one evening in January. The next morning, his son Elliot went to start up the car. “It sounded like a...
Spanish conquistadors saw platinum (aka “white gold”) as an impurity. They threw it away! … despite the fact that it’s 30 TIMES RARER that the shiny yellow stuff they were after. 3,332 tons...
Future cars will be mostly electric, automatically avoid accidents and affordable. You may already know some of the big electric vehicle manufactures like Tesla, Inc. (Nasdaq: TSLA) and NIO Ltd....
Clean energy momentum has been building for more than a decade, but now it’s really set to accelerate. President-elect Joe Biden faces a divided Congress, yet on Friday Politico reported that he...
It’s official. The world’s biggest countries now owe more money than they did right after World War II. Debt as a percentage of GDP just hit 128%, versus 124% in 1946. And that’s just government...
U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter. It was, by far, the worst in history. U.S. auto sales are also...
We may be living in a “worst-case” scenario. That’s exactly what it sounds like. The absolute worst outcome to any threat that an analyst, investor, policymaker or economist can dream up could...
Elon Musk’s Twitter feed must be chirping like crazy. Tesla (Nasdaq: TSLA)’s shares have TRIPLED in the past year, breezing past the S&P 500’s 19.5% gain (as of Friday). It’s like every other...
You can lead a horse to water, but you can’t make it ... borrow money? I know that’s not how the saying usually goes. But it’s a version that applies today. And that has incredibly important...
“We must tell the economic elite who have hoarded income growth in America. No, you can no longer have it all.” —Bernie Sanders I ate a lot of Top Ramen during my college days. But I...