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For Clues About Carvana’s Future, Look to Its Past

July 17, 2023 / no comments

Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans.

Ford Cuts Price of EV F-150 Lightning Truck by Up to 17%

July 17, 2023 / no comments

The move came after Tesla reported a surge in second-quarter deliveries that was helped by sharp price cuts and discounts.

Ford Slashes Price of Electric F-150 as Demand Weakens

July 17, 2023 / no comments

Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a lot.

Shale Industry Is Dropping Drilling Rigs, Fast

July 17, 2023 / no comments

Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots.

China’s Economy is Slowing, Posing a Challenge for Global Growth

July 17, 2023 / no comments

New data published on Monday shows a post-pandemic recovery has not materialized after restrictions were lifted last year.

Can Solar Power Save the Crumbling Electric Grid During Heatwaves?

July 17, 2023 / no comments

As extreme temperatures strain electric grids in the U.S., many parts of the country could face blackouts. Solar energy is a potential solution to protect the grid during extreme heat, but it does come at the cost of increasing climate waste and decreasing efficiency.

There Is a Long-Term Danger Lurking in Financial Markets

July 17, 2023 / no comments

The premium investors demand for holding longer-maturity assets remains very low. Markets could be in for a wallop if it returns to historical averages.

Russia Seizes Assets of Two Western Conglomerates

July 17, 2023 / no comments

Russia’s seizure of the local operations of Carlsberg and Danone, two of the world’s largest consumer-goods companies, escalates economic hostilities with the West.

Cava—‘the Next Chipotle’—Faces a Tall Order

July 17, 2023 / no comments

Comparisons to the fast casual dining juggernaut look stretched aside from a hot IPO.

Russia Says It Is Pulling Out of Ukraine Grain Deal

July 17, 2023 / no comments

The Kremlin said the deal had been “terminated” but that Russia would rejoin the agreement if its demands were met.

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