Tesla is hiking lease prices as automakers adjust to the new normal with no federal tax credits to drive sales of electric vehicles.
Why it matters: The $7,500 tax credit was a significant incentive for qualifying buyers, but President Trump and congressional Republicans recently killed it.
At least six houses buckled under the rough waves slamming North Carolina's Outer Banks from Hurricanes Imelda and Humberto this week, according to the National Park Service.
Why it matters: At least 18 privately-owned homes have collapsed along North Carolina's coast since 2020, aided by soil erosion from rising seas and storms.
Neptune Insurance didn't just price its IPO last night ahead of the government shutdown, it thinks the shutdown could help its business.
What they're saying: "We compete with the federal government, which provides flood insurance through FEMA" explains Neptune CEO Trevor Burgess, who adds that he received lots of shutdown questions from prospective investors. "They'll be closed, but we'll be open and able to serve thousands of homeowners."
My overnight stay in the sleeper cab of Volvo's new long-haul truck had all the trappings of a 5-star experience, right down to the monogrammed robe and the mints on the pillow.
Why it matters: Driving a truck for a living is grueling, both mentally and physically, and turnover rates are high.
President Trump couldn't really alter coal's pathhis first time around, but officials are trying new approaches in 2025 — and the landscape has changed, too.
Why it matters: The expanding federal push to boost mining and power has implications for CO2, traditional air pollution, and power markets amid rising demand.
Saudi Arabia's $925 billion Public Investment Fund (PIF) is backing the largest buyout ever, in a deal that speaks to the kingdom's renewed ambitions to become a cultural powerhouse.
Why it matters: The deal, for video game maker Electronic Arts, is the latest U.S. entry point for Riyadh, as the oil-rich nation aims to diversify its economy — in large part by investing in industries with outsized male audiences, from console gaming to combat sports.
