But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
Category: Regulation and Deregulation of Industry
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New Tariff on ‘Transshipped’ Goods Mystifies Importers
The Trump administration levied a hefty tariff on goods that are moved through other countries, but it has not yet fully explained its plans.
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Truck Companies Sour on California’s Strict Clean Air Rules
A deal designed to force compliance with tougher emissions standards is as risk after the Trump administration intervened.
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California Supreme Court Requires New Review of Rooftop Solar Policy
The court revived a legal challenge to a 2022 regulation that significantly reduced the compensation utilities paid to owners of home solar systems for the electricity they sent to the grid.
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Trump Signs Executive Order Clamping Down on ‘Debanking’
Mostly right-leaning groups have complained of forced bank account closures. The evidence is spotty.
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How Ozempic Maker Novo Nordisk Lost Its Shine
The pioneering Danish drugmaker was once the most valuable company in Europe, but analysts say a number of missteps reversed its fortunes.
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How One Company Maintained a Monopoly on U.S. Fire Retardant
Perimeter Solutions sought to undercut rivals, leaving federal officials worried about their reliance on a single company for a crucial product.
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A Fed governor plans to resign, giving Trump an opportunity to shape central bank.
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
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Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks on Powell
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.
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Mix-Up With Celsius and High Noon Means Some Cans of the Energy Drink May Contain Vodka Seltzer
A mix-up with a packaging supplier resulted in some cans of Celsius, an energy drink containing no alcohol, being filled with vodka seltzer.
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White House Urges ‘Pro-Innovation Mindset’ to Crypto In New Report
In a 168-page report, the White House called on banking regulators, tax officials and U.S. lawmakers to implement policies that would advance the crypto industry’s agenda.
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.