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☆ How car buyers thinking hybrid over EV should make the decision
▼ + stars: | 2024-04-07 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +8 min

And what would the upfront costs be to upgrade your system to allow for faster charging, if desired? Do the math on upfront cost, EV vs. hybridIf it's still a toss up between an EV and a hybrid, next consider upfront costs. By contrast, the average starting price for a hybrid car is $33,214, according to iSeeCars.com, a car search engine. Search for available auto rebates and incentivesIf you're leaning toward an EV, but still find the upfront cost daunting, look for possible rebates. He points to a study by Argonne National Lab that shows scheduled maintenance costs per mile are significantly lower for an EV versus a traditional hybrid or plug-in hybrid.

Persons: you've, Aston Martin, Sandeep Rao, there's, Rao, Steve Christensen, Maxwell Woody, Woody, Albert Gore, ZETA Organizations: Ford, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, Gallup, New York, EV, Chevrolet, Department of Energy, Battery Coalition, Progressive Casualty Insurance Company, of Michigan, University of Michigan, Argonne National Lab, Honda Locations: U.S, California, Florida, Texas

☆ Lauren Boebert brags about securing $20 million in funding that she voted against: 'Can't wait for the ribbon cuttings'
▼ + stars: | 2024-03-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Rep. Lauren Boebert voted against a bill containing $20 million for the district she's abandoning. "Can't wait for the ribbon cuttings and to see these priorities come to fruition," she said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEarlier this month, Rep. Lauren Boebert voted against a must-pass government funding bill that contained more than $20 million for the Colorado district she's now abandoning. AdvertisementBoebert was among 40 House Republicans who voted on March 6 against the so-called "minibus" — which funds vast swaths of the federal government — despite having secured federal funding for their districts.

Persons: Lauren Boebert, —, Boebert, Sleepy Joe, Nancy Pelosi —, It's, it's, she's, Ken Buck's, who's Organizations: Service, Republicans, Green, Deal, Green New, GOP, Rep Locations: Colorado, Wolf

Robert Hur, who had been appointed to investigate whether Biden mishandled classified documents, wrote that the president couldn’t recall in an interview with prosecutors the date when his adult son, Beau, died of cancer. And Biden recalled the specific date that Beau died, although he briefly wondered aloud about the year as the conversation toggled between various events. “Oh, God, May 30th.”A White House lawyer interjected by saying, “2015.”“Was it 2015 he had died?” Biden asked. Beau died while Biden was serving as vice president, and his deep sorrow helped deter him from running for president in 2016, when Trump ultimately defeated Hillary Clinton. Biden mentioned the death during an interview that Hur conducted on Oct. 8.

Persons: Joe Biden’s, Biden, Robert Hur, couldn’t, Beau, ” Biden, Hur, Hur didn't, ”, interjected, ” “, affirmatively, Donald Trump, Hunter, Trump, Hillary Clinton, “, “ Beau, Hunt, ” Hur, ____, Zeke Miller Organizations: WASHINGTON, National Guard, Senate, ” Locations: Virginia, Iraq, Charlottesville , Virginia

9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.

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☆ Why climate change may cost you big bucks — and what to do about it
▼ + stars: | 2023-11-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Climate change has been described as a ticking time bomb, the threats of which extend beyond ecosystems and biodiversity to big financial impacts on households and the U.S. economy. Here's what to know, according to Rumbach and David Pogue, host of the podcast "Unsung Science" and author of "How to Prepare for Climate Change: A Practical Guide to Surviving the Chaos." Both experts were interviewed by CNBC during a recent discussion about climate change and its impact on personal finance. "Over time, each incremental increase in climate change is going to up the economic cost bit by bit," Rumbach said. But there are also steps they can take to prepare for the worsening effects of climate change.

Persons: Andrew Merry, Andrew Rumbach, David Pogue, Tim Wright, Rumbach, Pogue, There's, Justin Paget, Digitalvision Organizations: CNBC's, Finance, White, Urban Institute, CNBC, Bloomberg Creative, Bloomberg, Census, Getty, Starbucks, Urban Locations: U.S, Florida, Louisiana, New Orleans

☆ How climate change got sucked into the culture wars
▼ + stars: | 2023-11-23 | by ( Laura Paddison | Ella Nilsen | ) edition.cnn.com time to read: +11 min

For an example of how climate change is increasingly becoming a flashpoint in the culture wars, Germany is a good place to start. Meanwhile, Spain’s far-right Vox party vowed to defend the country against “the new climate religion.”But to understand why climate change and the culture wars have become so enmeshed globally, experts say the United States probably holds the key. It’s effective, it does scare people.”The origins of the climate culture war in the US lie in the early 1990s, when a new push for global climate action collided with big geopolitical change, McCright said. Lightning rod for right wing mediaConservative media has played an outsized role in fueling culture war narratives, according to experts. Fox has “been laying the groundwork necessary for positioning climate policies as a culture war issue for a long time,” she said.

Persons: —, stoked, ”, Miranda Schreurs, Anger, Green, Kristin Brinker, Jörg, Stephan Lewandowsky, Rishi Sunak, “, ” Sunak, Vox, Ron DeSantis, ” DeSantis, Aaron McCright, McCright, ” McCright, ’, Brandon Bell, Lewandowsky, “ you’d, ” Alec Tyson, Alexandria Ocasio, Cortez, Sen, Ed Markey, Allison Fisher, Fisher, Fox, didn’t, Ed Matthew, Matthew said, Jennie King, ” King, Germany —, Matthew of E3G, ” Schreurs, “ it’s Organizations: CNN, Green Party, Technical University of Munich, University of Bristol, British, Justice, Florida Gov, Republican, Michigan State University, Oil, Republicans, Pew Research, Pew, Conservative, Massachusetts, Green, Deal, Fox, Media, Institute for Strategic Locations: Germany, Charlottenburg, Berlin, Europe, United States, West Texas, Florida, American, Kyoto, Soviet Union, Federal, Midland , Texas, Alexandria, Cortez of New York

WASHINGTON (AP) — Lawyers for Donald Trump are raising new challenges to the federal election subversion case against him, telling a judge that the indictment should be dismissed because it violates the former president's free speech rights and represents a vindictive prosecution. Special counsel Jack Smith's team urged a judge last week to reject that argument and is expected to do the same for the latest motions. It is routine for defendants to ask a judge to dismiss the charges against them, but such requests are rarely granted. In Trump's case, though, the challenges to the indictment could at a minimum force a delay in a prosecution that is set for trial in Washington next March. Political Cartoons View All 1215 Images“The fact that the indictment alleges that the speech at issue was supposedly, according to the prosecution, ‘false’ makes no difference,” the defense wrote.

Persons: Donald Trump, Jack Smith's, “, ”, —, ” Smith's, Trump, Democrat Joe Biden, Smith, “ Biden’s, Biden, ___ Richer Organizations: WASHINGTON, —, Biden, Department, Democrat, Capitol, Justice Department Locations: Washington, Boston

☆ Student-loan borrowers could lose more than debt cancellation if the presidential election doesn't go Biden's way
▼ + stars: | 2023-10-21 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

AdvertisementAdvertisementThe 2024 presidential election is quickly approaching — and there's a lot on the line for student-loan borrowers. While most federal borrowers were not required to make any payments for nearly three years of President Joe Biden's first term, they were also hopeful for broad debt relief. Now the Education Department is in the process of crafting a new plan under a different law. Here's what Republican presidential candidates are saying about the Education Department — and how it could impact millions of student-loan borrowers. And while private banks administer non-federal loans, borrowers with private debt often face higher interest rates without the option for federal relief.

Persons: —, Joe Biden's, Biden, Donald Trump's, Betsy DeVos, Ron DeSantis, Education Department —, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy, Ramaswamy, Thomas Massie, Massie, Pell, Ronald Reagan Organizations: Department, GOP, Education Department, Service, Republican, Federal Department of Education, of Education, Education Department —, Internal Revenue Service, Department of Commerce, Energy Department, Education, Washington, Federal Locations: Florida, Washington ,

☆ This is 'the most powerful thing in the world' for shrinking the wealth gap, says CEO
▼ + stars: | 2023-10-02 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

Brad Gerstner, founder and CEO of private investing firm Altimeter Capital, says the U.S. is increasingly becoming a country of haves and have-nots. "I think in this country, everybody knows the wealth gap is at historic levels," Gerstner said last week at CNBC's Delivering Alpha investor summit. To close the gap, Gerstner says, American policymakers must harness the power of what investing sages have called the 8th wonder of the world. "The most powerful thing we have in the world to shrink the wealth gap is compounding," Gerstner said. "I started building this little snowball at the top of a very long hill.

Persons: Brad Gerstner, Gerstner, Warren Buffett, " Buffett, aren't Buffett Organizations: CNBC's, Alpha, Berkshire Hathaway, Invest Locations: U.S, haves, Invest America

☆ Craft beer, marriages and air travel: The collateral damage of a government shutdown
▼ + stars: | 2023-09-29 | by ( Alex Seitz-Wald | ) www.cnbc.com time to read: +14 min

Staff, meanwhile, have been forced to put their real jobs on hold to prepare for the looming shutdown. National parksThe National Park Service plans to close its parks and furlough park rangers if the government shuts down on Sunday. During the 2018-2019 shutdown, the parks themselves remained accessible, but without most services. Some presidential libraries would remain open as long as they have sufficient funds, but others would close and research services would be reduced. A shutdown would result in a "data blackout" of critical economic statistics that influence markets and businesses around the globe.

Persons: Donald Trump, that's, Biden, Joshua, Armando L, Sanchez, Pete Buttigieg, they're, White, Treasury Department furloughed, shutdowns Organizations: Yosemite, Fresno Bee, Tribune, Service, Getty, White House Council, Economic Advisers, Management, Staff, National Park Service, Park Service, Department of Interior, NBC, Congressional Research Service, National Zoo, U.S . Holocaust, Museum, National, Science, National Science Foundation, National Institutes of Health, Centers for Disease Control, Prevention, FBI Agents Association, FBI, Air, Transportation Security, LaGuardia, TSA, O'Hare International, State Department, Consular, Education Department, AmeriCorps, Agriculture Department, Assistance, Women, Small Business Administration, Federal Housing Administration, Social, Consumer, Food and Drug Administration, Consumer Product Safety, Environmental Protection Agency, Occupational Safety, Health Administration, Labor, —, Social Security, Medicare, Treasury Department, Foreign Assets Control, Russia Locations: El Capitan, Yosemite Valley, Washington, Civil, U.S, Europe, Southeast Asia, New Mexico, shutdowns, New York, Chicago, Russia, Iran, Ukraine

☆ Why Mark Meadows wants an Obama-appointed judge to oversee his Georgia indictment
▼ + stars: | 2023-08-29 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Mark Meadows wants his criminal case moved to federal court, under an Obama-appointed judge. A federal judge may be more sympathetic to arguments that he's immune from the case, experts say. Meadows, Clark, and several other defendants have asked to have their cases removed to federal court. "A federal court judge might be more sympathetic to some of their federal constitutional defenses that they might want to raise," Ratakonda told Insider. A state court proceeding would also take in jurors from Fulton County, which voted overwhelmingly for Biden in 2020.

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☆ The real reason Republicans are forcing Mark Zuckerberg to turn over thousands of pages of Facebook documents
▼ + stars: | 2023-07-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

Jordan, who sits atop the powerful House Judiciary Committee, has embarked on a fishing expedition at Facebook, demanding Zuckerberg turn over reams of internal documents that pertain to Meta’s content moderation decisions. In effect, Jordan is coercing Zuckerberg into turning over documents that will then be used to mendaciously smear the Meta chief’s company. Meta, for its part, had previously said it had already turned over thousands of pages of documents and was cooperating with the committee. Most news organizations gave Jordan’s “Facebook Files” entry little attention on Thursday. In this case, the awesome powers of the federal government are being weaponized to threaten Zuckerberg into handing the information over.

Persons: Jim Jordan, Mark Zuckerberg, Jordan, Zuckerberg, coercing Zuckerberg, Meta, ” Jordan, Joe Biden, ”, Hunter Biden, — Jordan, X’d, Biden, Jordan’s, Donald Trump, Federal Government — Organizations: CNN, Ohio Republican, Meta, Judiciary, Facebook, Elon, GOP, White House, White, Twitter, OF, Fox News, Federal Government Locations: Silicon, Jordan

☆ RFK Jr. is tanking among Democrats, rising among Republicans: poll
▼ + stars: | 2023-07-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

When RFK Jr. jumped into the Democratic presidential race, his last name immediately turned heads. But controversial remarks have hurt him among Democrats, while GOP voters feel the opposite way. In a new Morning Consult survey, RFK Jr. is underwater with Dems but is viewed favorably by GOP voters. Among likely GOP voters that month, Kennedy Jr. was seen favorably by 42% of respondents, with 25% viewing him unfavorably. DeSantis on Wednesday floated Kennedy Jr. as someone he'd consider for a role at the Food and Drug Administration or the Centers for Disease Control and Prevention should he win the presidency.

Persons: Robert F, Kennedy Jr, Joe Biden, Kennedy, baselessly, Kerry Kennedy, Joe Kennedy III, Debbie Wasserman, Schultz, Schultz of Florida, Donald Trump, Ron DeSantis, DeSantis, — Organizations: RFK Jr, Democratic, GOP, Service, Biden, Republican, The New York Post, Federal Government, Republicans, Schultz of, COVID, Gov, Food and Drug Administration, for Disease Control Locations: Wall, Silicon, Florida

☆ Biden's Education Department just finalized a rule allowing states to protect student-loan borrowers from 'unfair and deceptive practices,' reversing the Trump administration's efforts
▼ + stars: | 2023-07-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Education Department finalized a rule to allow state oversight into federal student-loan servicers. The rule is intended to protect borrowers from misleading behavior or inaccurate payment counts. The department concluded that the Higher Education Act of 1965 allows states to play a role in regulating federal loan servicers to better protect borrowers from misleading behavior. "States may consider and adopt additional measures which protect borrowers and can be harmonized with Federal law," it said. The notice does have some limits on what states can do, like ruling a federal loan servicer in a state cannot continue operations.

Persons: Joe Biden's, Miguel Cardona, Donald Trump's, Betsy DeVos, —, servicers Organizations: Education Department, Service, Joe Biden's Education Department, Federal, Higher, Department, servicer Locations: Wall, Silicon, Federal, —

☆ Robert F. Kennedy Jr., Insisting He Is Not a Bigot, Says Opponents Seek to Silence Him
▼ + stars: | 2023-07-20 | by ( Sheryl Gay Stolberg | More About Sheryl Gay Stolberg | ) www.nytimes.com time to read: +1 min

The Democratic presidential candidate Robert F. Kennedy Jr. came to Capitol Hill on Thursday and pointedly declared that he is neither an antisemite nor a racist, while giving a fiery defense of free speech and accusing the Biden administration and his political opponents of trying to silence him. Mr. Kennedy, a scion of the Democratic political clan, appeared before the House Select Subcommittee on the Weaponization of the Federal Government — a panel created by Republicans to conduct a wide-ranging investigation of federal law enforcement and national security agencies. He said he had “never been anti-vax” and had taken all recommended vaccines except the coronavirus vaccine. Thursday’s hearing was devoted to allegations by Mr. Kennedy and Republicans that the Biden administration is trying to censor people with differing views. It was rooted in a lawsuit, filed last year by the attorneys general of Missouri and Louisiana and known as Missouri v. Biden, that accused the administration of colluding with social media companies to suppress free speech on Covid-19, elections and other matters.

Persons: Robert F, Kennedy Jr, Biden, Kennedy Organizations: Democratic, Capitol, New York Post, Federal Government, Republicans Locations: Missouri, Louisiana

☆ Social Security, Medicare, federal salaries: What payments may be delayed in debt ceiling standoff
▼ + stars: | 2023-05-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

Among the ramifications of a debt ceiling standoff, any payment issued by the federal government — like Social Security, Medicare, tax refunds, military paychecks and ample others — may be delayed. Alex Wong | Getty Images News | Getty ImagesThe U.S. is in this situation due to a political standoff tied to the debt ceiling, also known as the debt limit. Congress periodically raises or temporarily suspends the debt ceiling to avoid the other scenario: a default on the national debt and other federal payments. Here's the current problem: The country hit the debt ceiling — currently $31.4 trillion — in January. Federal Reserve officials alluded to the likelihood of prioritizing bondholders in a 2011 meeting that followed an earlier debt ceiling episode.

☆ How green mortgages can help finance an energy-efficient home and save money
▼ + stars: | 2023-04-08 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +3 min

For many potential homebuyers, a green mortgage could be a good idea, especially as incentives for energy-efficiency upgrades increase and costs of new climate technology are coming down. A green mortgage — also known as an energy-efficient mortgage — is different than a conventional mortgage in that it allows borrowers to finance certain green improvements at the same rate and terms as their home purchase. How energy upgrades are rolled into a housing loanIf the home you're considering needs various energy-efficient upgrades, as many houses do, it pays to see what a green mortgage can offer. With an energy-efficient mortgage, homebuyers can finance these types of improvements on better terms. The Inflation Reduction Act and home improvementsThe Inflation Reduction Act — an expansive climate-protection effort by the federal government — makes green improvements even more advantageous for would-be homebuyers.

☆ Biden is once again pushing to give all US workers paid parental leave— and he wants their kids to have free universal preschool, too
▼ + stars: | 2023-03-09 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Biden is pushing for paid family and medical leave in his budget proposal unveiled on Thursday. "Policies such as paid leave and childcare will bring more workers into the labor force and improve productivity," Cecilia Rouse, chair of the White House Council of Economic Advisers, said. Biden has long supported paid family and medical leave, along with investments in childcare, and he has urged Congress to implement measures that would bolster those programs. "For middle- and low-income workers in particular, access to paid family and medical leave is all too rare, but even the highest wage workers are more likely than not to be without paid family leave," they wrote in their letter. The last time the Biden administration tried to push through paid leave — even at just four weeks — it was torpedoed by Republicans and one Democrat.

☆ If Student Loan Forgiveness Is Overturned by the Supreme Court, Refinancers Are Waiting
▼ + stars: | 2023-03-07 | by ( Thomas Gokey | ) www.businessinsider.com time to read: +16 min

The PSLF program cancels federal student loans for people who work in public-service jobs for 10 years, and the impact of relief is profound. In the process, borrowers forfeit many protections that come with federal student loans, including the chance to get their loans canceled. In one survey, more than one-third of respondents who refinanced their federal student loans said they eventually came to regret it. President Biden announced a plan to cancel $10,000 in student loan debt, but if you privately refinanced, you won't benefit. Most private student loans allow for some kind of "cosigner release" so no one else is on the hook for your loans.

☆ Tucker Carlson, with help from Kevin McCarthy, tries to sanitize the very real violence of the January 6 attack
▼ + stars: | 2023-03-06 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

“Taken as a whole the video record does not support the claim that January 6th was an insurrection,” Carlson claimed. McCarthy, of course, knew precisely what he was doing when he handed over the footage to Carlson while denying it to actual news organizations. So when McCarthy bows and grovels at the feet of Carlson, it is worth paying close attention. McCarthy, like the rest of his flock in Congress, knows that Carlson is the real boss inside the Republican Party. And it appears to have worked for the moment, with Carlson on Monday night offering some praise for McCarthy.

☆ Student-Debt Relief: Why Refinancing Your Student Loans Is a Trap
▼ + stars: | 2023-02-28 | by ( Thomas Gokey | ) www.businessinsider.com time to read: +15 min

The PSLF program cancels federal student loans for people who work in public-service jobs for 10 years, and the impact of relief is profound. In the process, borrowers forfeit many protections that come with federal student loans, including the chance to get their loans canceled. Recent changes to the law require private student loans to be discharged if you die, but that isn't the case with older loans. Most private student loans allow for some kind of "cosigner release" so no one else is on the hook for your loans. Refinancing companies make the system worse for everyonePrivate refinancing companies don't just hand out their loans to anyone.

☆ Prosecutors in Georgia are fast approaching a decision on whether to charge Trump. Here's how it would go down.
▼ + stars: | 2022-12-18 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Over the past year, she empaneled a grand jury and fought court battles to ensure testimony from Gov. Two other high-profile witnesses who fought grand jury subpoenas, Mark Meadows and Newt Gingrich, have their cases before appeals courts. A regular grand jury, which sits for two months, would probably move swiftly, Carlson said, since it would have all the evidence painstakingly compiled by the special grand jury. "The reason it'll go very fast is the regular grand jury will have a transcript from the testimony of a laundry list of witnesses that have already testified to the special grand jury," Carlson said. The case in Georgia, Carlson pointed out, is especially potent because of how uniquely strong the evidence is and how reliable the witnesses would be.

These so-called Twitter Files were proof of “free speech suppression,” the billionaire claimed. But for supporters, the details are less important than the narrative: another battle in Musk’s grand war to protect and enable “free speech” — seemingly everywhere and anywhere. Before Musk, Twitter wisely began labeling and then removing tweets that disseminated false information about the pandemic. But it feels like Musk’s actions as head of Twitter are incorrectly being blended with his statements on free speech. Musk’s self-proclaimed defenses of free speech sound good — most Americans remain, rightly, committed to this fundamental tenet of constitutional freedom.

☆ Gen Z workers are underrepresented in the federal government: report
▼ + stars: | 2022-11-14 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Gen Z employees are underrepresented in the federal government, according to a new report. The nonprofit Partnership for Public Service analyzed federal retention trends centering on Gen X and Gen Z. The average turnover rate for Gen Z in the federal government — more than 12% — was also significantly higher than the federal government-wide rate at around 6%. Congress will, however, soon have its first Gen Z member in Maxwell Frost, a 25-year-old Democrat who won Florida'sFinancial stability was a chief concern among Gen Z workers, who on average had more than $18,000 in student debt in 2021. With the COVID-19 pandemic still present, workplace flexibility and easy-to-use digital technologies were also among the priorities of Gen X and Gen Z federal employees, according to the report.

☆ Republicans' next big play is to 'scare the hell out of Washington' by rewriting the Constitution. And they're willing to play the long game to win.
▼ + stars: | 2022-07-31 | by ( Grace Panetta | Brent D. Griffiths | ) www.businessinsider.com time to read: +27 min

Whether it happens, he said, is highly dependent on Republicans' success winning state legislatures during the 2022 midterm elections. But not everyone in the conservative constitutional convention movement believes such a gathering is so imminent. Constitutional convention boosters include many of Trump's current and former allies, including conservative legal scholar John Eastman, Florida Gov. In 2012, the Republican National Committee went so far as to pass a resolution formally opposing the convention movement. A convention of states would be the first of its kind since the original Constitutional convention in Philadelphia in 1787.

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