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☆ 9 Moves to Help You Pay Off Credit Card Debt
▼ + stars: | 2023-10-31 | by ( Kerri Anne Renzulli | ) www.wsj.com time to read: +14 min

More than half of all Americans are currently aren’t managing to pay their credit card bills in full each month, J.D. Power found recently, helping explain why we now owe a record $1 trillion in credit card debt. Request an interest rate reductionCall each of your credit card issuers and ask for a lower APR, advises Todd Christensen, education manager with Debt Reduction Services, a nonprofit debt counseling agency. Work with a nonprofit credit counseling agencyIf you’re struggling to make the minimum credit card payment required each month or already behind, reach out to a nonprofit credit counseling service for assistance. These organizations, typically members of the Financial Counseling Association of America or the National Foundation for Credit Counseling, will review your finances and credit card debt to help you better manage your budget and repayments.

Persons: Kerri Anne Renzulli, Power, you’ve, You’ll, Experian, Beverly Harzog, ”, Todd Christensen, John Ulzheimer, you’ll, you’re, Bruce McClary, Says Organizations: Mint, Debt, Surveys, TK, nab, Consumer Financial, Financial, Association of America, National Foundation, Credit, Credit Counseling Locations: FICO

HONOLULU (AP) — Maui police held a news conference on Monday to show 16 minutes of body camera footage taken the day a wildfire tore through Lahaina town in August, including video of officers rescuing 15 people from a coffee shop and taking a severely burned man to a hospital. Earlier this month, Maui County provided the AP with 911 call recordings in response to an open records request. Officers ushered out 15 people from the coffee shop as smoke swirled in the sky around them, loaded the group into police SUVs and took them to the Lahaina Civic Center. In another clip, an officer finds a badly burned man at a shopping center and put him in the back seat of his patrol car. The fast-moving wildfire on Aug. 8 killed at least 99 people and burned more than 2,000 structures.

Persons: John Pelletier Organizations: Lahaina Civic Center, Co Locations: HONOLULU, Lahaina, Maui County, Wailuku, Hawaii

☆ Turkey is celebrating 100 years as a republic. But today’s nation is a long way from 1923’s secular state
▼ + stars: | 2023-10-30 | by ( Zara Khan | ) edition.cnn.com time to read: +10 min

Today’s Turkey, however, is starkly different from the secular, Westernized state envisioned by Ataturk 100 years ago. The Turkish republic as imagined by Ataturk was firmly rooted in the West and a quick succession of reforms sought to modernize a population decimated by war. People often express such justification through religion, Murat Somer, a professor of political science at Ozyegin University in Istanbul, told CNN. What Ataturk may have been most proud of in today’s Turkey, however, is its growing influence on the world stage, analysts say. In 1926, after an assassination plot against him was discovered, Ataturk told his new nation: “One day my mortal body will turn to dust, but the Turkish republic will stand forever.”

Persons: Recep Tayyip Erdogan, Erdogan, Mustafa Kemal Ataturk, Ataturk, Hagia Sofia, Ataturk’s, weren’t, Ozel, Murat Somer, ”, Somer, “, Ayse, Ismet Inonu, Power, Ataturk “, ” Somer, Adem Altan, “ I’m, ” Zarakol, ” Ozel Organizations: CNN, Turks, Ataturk, Hagia, Ottomans, Hulton, International Relations, Kadir Has University, Ozyegin University, Republican People’s Party, University of Cambridge, Anitkabir, Sunday, Getty, NATO, East, Central Asia Locations: Istanbul, Turkish, Ottoman, Today’s Turkey, Ottoman Empire, Europe, Russia, Anatolia, Ankara, The Turkish, West, fez, Hagia Sofia, Turkey, Hagia, Kasimpasa, “, Ataturk, Turkish Republic, AFP, today’s Turkey, Ukraine, Central

☆ Zelenskiy says Russia probably targeted nuclear plant with drones
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +3 min

"It is most likely that the target for these drones was the Khmelnitskyi nuclear power station," he said. "The shock wave from the explosion shattered windows, including on the nuclear power station's premises." Next time, we may not be so fortunate.”Ukraine's air force destroyed all 11 Russian drones launched overnight, the military said. "At night, the enemy struck territory near the Khmelnytskyi nuclear power plant. Ukraine's five nuclear power stations have been a point of contention in the 20-month-old Russian invasion.

Persons: Volodymyr Zelenskiy, Mark Rutte, Nina Liashonok, Zelenskiy, Serhiy Tyurin, Rafael Grossi, Ihor Klymenko, Vasiliy Sydor, Pavel Polityuk, Robert Birsel, Tom Balmforth, Ron Popeski Organizations: Dutch, REUTERS, Rights, International Atomic Energy Agency, United Nations, Russia, Energy Ministry, Reuters, Thomson Locations: Ukraine, Odesa, Russian, Netishyn, Russia

Gas accounted for around 51% of Italy's total electricity generation in 2022, making the country the most gas-reliant among Europe's largest economies, data from Ember shows. INDUSTRIAL BASEKey to natural gas' staying power in Italy's generation mix is the country's high level of industrial energy demand. However, Italy's power costs have climbed sharply since Russia's invasion of Ukraine in 2022 cut natural gas supplies to Western Europe and sent regional power costs soaring. This week's ENI deal offers additional protection for consumers by further reducing Italy's reliance on Russia for natural gas supplies, even as it cements Qatar's position as Italy's top LNG supplier. Higher gas supplies may also help reduce overall power costs, and in turn should help boost the competitiveness of Italy-based businesses relative to regional rivals.

Persons: Dado Ruvic, Gavin Maguire, Edwina Gibbs Organizations: REUTERS, Italy's ENI SpA, Gas, Energy Institute, United States, Department of Commerce, LSEG, ENI, Reuters, Thomson Locations: LITTLETON , Colorado, QatarEnergy, Southern, Italy, Europe Italy, Europe, United, Ukraine, Western Europe, Germany, Russia, United States, Algeria, Qatar

WASHINGTON (AP) — Despite deepening opposition, Rep. Jim Jordan is expected to try a third vote to become House speaker, even as his Republican colleagues are explicitly warning the hard-edged ally of Donald Trump that no more threats or promises can win over their support. After two failed votes, Jordan's third attempt at the gavel is not expected to end any better. Jordan had backed the temporary speaker plan as a way to allow more time to shore up support in his own reach for the gavel. What this majority has done is prove it’s not a normal majority.”What was clear was that Jordan’s path to become House speaker was almost certainly collapsing. With Republicans in majority control of the House, 221-212, it appears there is no Republican candidate who can win a clear majority, 217 votes, to become speaker.

Persons: Jim Jordan, Donald Trump, Kevin McCarthy, Jordan, —, “ I’m, ”, Carlos Gimenez, Gimenez, Patrick McHenry, Jordan's, “, Chip Roy, We’re, Tom Cole, John Rutherford, “ it’s, Mariannette Miller, Meeks, Matt Gaetz, McCarthy, Gaetz, McHenry, ” McCarthy, Trump Organizations: WASHINGTON, Caucus, . House, Republican, Republicans, D.C, Democrats, North Carolina Republican, GOP, Trump, Biden, Ohio State University, Ohio State Locations: Jordan, Texas, R, Ohio, Iowa, Florida, Washington, McHenry

The U.S. power grid, much of it built nearly a century ago, is being strained by storms, floods and heat waves fueled by climate change even as electric vehicles and artificial intelligence are boosting power demand, Granholm told reporters in a call. In 2021, the Texas grid collapsed during a cold spell, killing more than 200 people and leaving millions of homes without power. The projects will help bring more than 35 gigawatts of new electricity onto the grid from wind and solar and other renewable power and invest in 400 microgrids, or self sufficient energy systems, the Department of Energy (DOE) said. It was the first round of selections under the broader $10.5 billion grid resilience and innovation partnerships program managed by DOE. In southeastern Pennsylvania, PECO Energy (PECI.UL) will boost grid reliability and resilience through substation flood mitigation, replacing aging infrastructure, and deploying battery systems for backup power.

Persons: Carlos Barria, Joe Biden's, Biden, Jennifer Granholm, Granholm, Timothy Gardner, David Gregorio Our Organizations: REUTERS, Rights, Wednesday, Energy, Department of Energy, DOE, International Brotherhood of Electrical Workers, Georgia Environmental Finance Authority, PECO Energy, Holy, Thomson Locations: Mountain View , California, U.S, Texas, Georgia, Pennsylvania, California, Arizona, Washington

The House is tentatively set to convene sometime Thursday afternoon for Jordan to try again. The impasse has left some Republican lawmakers settling in for a protracted stretch without a House speaker. Political Cartoons View All 1211 ImagesWhat was clear was that Jordan's path to become House speaker was almost certainly lost. “The way out is that Jim Jordan has got to pull his name," said Rep. Don Bacon, R-Neb., who voted twice against him. With Republicans in majority control of the House, 221-212, Jordan must pick up most of his GOP foes to win.

Persons: —, Jim Jordan, Donald Trump, Jordan, “, ”, Kevin Hern, Patrick McHenry, ” Jordan, Kevin McCarthy, Don Bacon, “ He’s, McCarthy, Hakeem Jeffries, Steve Scalise, Newt Gingrich, John Boehner, ” Jeffries, McHenry, ” McHenry, Joe Biden, Mariannette Miller, Meeks, Biden, Scalise, Boehner, Trump, Kevin Freking, Mary Clare Jalonick Organizations: WASHINGTON, Republican, GOP, Republicans, Capitol, Democratic, Trump, Biden, Ohio State University, Ohio State, Associated Press Locations: R, Ohio, Israel, Jordan, New York, McHenry, Iowa, Ukraine

The vote for House speaker, once a formality in Congress, has devolved into another bitter showdown for the gavel. Bipartisan groups of lawmakers have been floating ways to operate the House by giving greater power to the interim speaker, Rep. Patrick McHenry, R-N.C., or another temporary speaker. The House had never ousted its speaker before McCarthy, and the lawmakers are in rarely tested terrain. “We can’t sit around and suck our thumbs and hope the world will wait until the House Republicans get their act together,” Gingrich told Fox News' Sean Hannity on his show. “Jim Jordan will be a great speaker,” the former president said outside a courthouse in Manhattan, where he is facing business fraud charges.

Persons: —, Jim Jordan, Donald Trump, Jordan, Jordan's, Kevin McCarthy, “ We're, ” Jordan, Hakeem Jeffries, Jeffries, Patrick McHenry, McCarthy, ”, Newt Gingrich, ” Gingrich, Sean Hannity, John Boehner, “, Hannity, “ Jim Jordan, Joe Biden, Jordan’s, Don Bacon, Murmurs, Steve Scalise, Mario Diaz, appropriator, Ken Buck, Biden, Trump, Kevin Freking, Mary Clare Jalonick Organizations: WASHINGTON, Republicans, Capitol, Democratic, GOP, Republican, Fox News, Trump, Democrat, Biden, Caucus, Ohio State University, Associated Press Locations: Ohio, New York, R, Manhattan, Ken Buck of Colorado, Jordan, Ukraine, Israel

The House of Representatives is set to vote on Jim Jordan's nomination for speaker on Tuesday afternoon, two weeks after the chamber ousted Kevin McCarthy from the top spot. Jordan was scrambling to shore up the votes needed to clinch the vote in the closely divided chamber. He can likely only lose a few GOP votes to win the nod. The House is scheduled to start voting at noon in what could become a showdown for the gavel. But with public pressure bearing down on lawmakers from Trump’s allies including conservative TV hosts, it’s unclear how long the holdouts can last.

Persons: Jim Jordan's, Kevin McCarthy, Jordan, Jim Jordan’s, McCarthy, Donald Trump's Organizations: GOP, Trump, Republicans, Ohio Republican, TV

☆ A Tesla owner says his 'heart missed a beat' when he received a $21,000 bill after the battery was damaged by rain
▼ + stars: | 2023-10-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

One of the owners, Johnny Bacigalupo, told Edinburgh Live the bill was "absolutely obscene." When I first got the call, I thought we would get a bill for £500 or £1,000," Bacigalupo told Edinburgh Live. Power quoted Elon Musk saying in 2019 that it could cost $5,000 to $10,000 to replace a Tesla battery but added that the figures were different in 2023. Recurrent, which reports on EV battery health, said battery replacement could cost anywhere from $5,000 to $20,000. I was flabbergasted and couldn't really find my words," Bacigalupo told Edinburgh Live, adding that he asked the Tesla representative how the couple was at fault.

Persons: Tesla, Johnny Bacigalupo, —, Rob Hussey, Bacigalupo, Power, Elon Musk, Hussey, couldn't, Mario Zelaya, Zelaya Organizations: Edinburgh, Service, Scottish, Tesla Edinburgh, Fox Business Locations: Canadian, Europe

Iran, which backs Hamas, refers to regional countries and forces opposed to Israel and the United States as a "resistance front." Diplomatic efforts have concentrated on getting aid into Gaza through the Rafah crossing with Egypt, the sole route out that is not controlled by Israel. While tens of thousands have fled south, the United Nations says there is no way to move so many people without causing a humanitarian catastrophe. According to the United Nations, a million Gazans have already been driven from their homes. The Kremlin readout of the call did not include any mention of the ceasefire Russia was trying to achieve by putting forward a resolution in the United Nations Security Council.

Persons: Khan Younis, Mohammed Salem, Israel Russia's Putin, Israel's Netanyahu, Joe Biden, Antony Blinken, Benjamin Netanyahu, gunning, Hossein Amirabdollahian, Amirabdollahian, Ayatollah Ali Khamenei, Ebrahim Raisi, Israel, Netanyahu, Biden, Adrienne Watson, Khaled Meshaal, Vladimir Putin, Moscow, Putin, Abu Dahoud, Nidal al, Bassam Massoud, Nuha Sharaf, Ari Rabinovitch, Dan Williams, Henriette Chacar, Dedi, Maayan Lubell, Emily Rose, James Mackenzie, John Davison, Parisa, Humeyra Pamuk, Hatem Maher, Ahmed Tolba, Omar Abdel, Trevor Hunnicutt, Nandita Bose, Rami Ayyub, Katharine Jackson, Michelle Nichols, David Brunnstrom, Howard Goller Organizations: REUTERS, Diplomats, Gaza, U.S, Tel Aviv . Iranian, Zionist, Israel, National Security, Hezbollah, Nations, United Nations, Pentagon, United Nations Security Council, Palestinian Authority, Thomson Locations: Gaza, GAZA, JERUSALEM, WASHINGTON, Israel, Tel Aviv, Iran, Hamas, Israel's, Jerusalem, United States, Lebanon, Tehran, Egypt, Cairo, Rafah, Washington's, Syria, Lebanese, Russian, Russia, Dubai, Razek, Washington

☆ A Tesla owner says his 'heart missed a beat' when he received a $20,000 bill after the battery was damaged by rain
▼ + stars: | 2023-10-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

One of the owners, Johnny Bacigalupo, told Edinburgh Live that the bill was "absolutely obscene." AdvertisementAdvertisementA Tesla owner said he was "flabbergasted" when he and his partner were hit with a hefty bill to fix their electric vehicle. When I first got the call I thought we would get a bill for £500 or £1,000," Bacigalupo told Edinburgh Live. Elon Musk said in 2019 that it could cost between $5,000 and $10,000 to replace a Tesla battery , J.D. Recurrent, which reports on EV battery health, said battery replacement could cost anywhere from $5,000 to $20,000.

Persons: Johnny Bacigalupo, —, Rob Hussey, Bacigalupo, Elon Musk, Hussey, couldn't, Tesla, Mario Zelaya, Zelaya Organizations: Tesla, Edinburgh, Service, Scottish, Tesla Edinburgh, Fox Business Locations: Canadian, Europe

☆ These are the 10 best mega airports in the U.S.—LAX didn't make the cut
▼ + stars: | 2023-10-15 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

When it comes to airports, biggest doesn't always mean best. That sets them apart from large airports, which have 10 to 32.9 million passengers per year, as well as medium airports, which have 4.5 to 9.9 million passengers per year. The study is based on 27,147 completed surveys from U.S. and Canadian residents who traveled through at least one U.S. or Canadian airport (including connecting airports) during the past 30 days. The airports were also measured based on a 1,000-point scale of overall customer satisfaction. Despite being one of the busiest airports in the U.S., the Los Angeles International Airport (LAX) didn't make the top 10, landing in the No.

Organizations: Los Angeles International Airport Locations: U.S

☆ Auto loans are super expensive. Here’s how to shrink your monthly bill
▼ + stars: | 2023-10-10 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

In fact, auto loan interest rates are the highest they’ve been since 2007, when the world was heading into a massive financial crisis. More than 70% of buyers of new large SUVs now have monthly payments over $1,000. Keep it shortPeople often try to reduce their monthly payments by taking out longer loans. Spreading the payments over more years can keep the monthly amount lower, but it means you’re paying more in interest. Leasing is another way to keep monthly payments down.

Persons: It’s, ”, Kevin Roberts, you’re, Roberts, that’s, Ivan Drury, Edmunds, Matt Jones, Courtney Alev, Joseph Yoon, TrueCar’s Jones, Jones, “, CarGurus ’ Roberts, Tyson Jominy Organizations: New, New York CNN, Credit Karma, Leasing, “ Leasing, Edmunds, Toyota, Power, Associates Locations: New York, Edmunds, TrueCar.com, Cross, Boston, New York City

☆ I'm a C-suite exec at PwC who still struggles with imposter syndrome. Here's how I manage it.
▼ + stars: | 2023-10-09 | by ( J.C. Lapierre | ) www.businessinsider.com time to read: +7 min

She writes that her career wouldn't have been possible if she had given in to imposter syndrome. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I don't know what I'm doing. I know that when you're feeling like a fraud, it can be tempting to keep quiet when you don't know something. But I'm also certain that if I take the steps above to control what I can, I'll manage to swim to the surface again.

Persons: J.C, Lapierre, wouldn't, —, — I've, I've, they're, I'm Organizations: PricewaterhouseCoopers, Service Locations: PwC

☆ Installing solar isn't the only big financial decision to make about controlling home power
▼ + stars: | 2023-10-07 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

That means it may be a good time to consider a home backup power storage system. Fossil fuel vs. battery power If you're not opposed to fossil fuel-powered options, there are several categories to consider based on your power needs. EVs as a backup power option for the home Some electrical vehicles can be used to back up essential items, or, in some cases, a whole home. "If you're contemplating spending $10,000 on a whole home gas generator system, why not think about an EV with this capability instead?" Some states provide additional solar battery incentives.

Persons: Ian Thomas Jansen, Lonnquist, Benjamin R, Dierker, Vikram Aggarwal, EnergySage, it's, Aggarwal, EVs, Ford's, Jim Farley, Stephen Pantano, Pantano, Sarah Delisle, Ted Tiffany, Tiffany Organizations: Motors Inc, Bloomberg, Getty, Alliance for Innovation, National Centers for Environmental, Consumers, GM, Ford, Swell Energy, Decarbonization Coalition, of Energy, Homeowners, Energy Department Locations: United States, California , Texas, Louisiana, California, California , Vermont , Massachusetts, New York, America

☆ As Azerbaijan claims final victory in Nagorno Karabakh, arms trade with Israel comes under scrutiny
▼ + stars: | 2023-10-04 | by ( Max Saltman | ) edition.cnn.com time to read: +16 min

Israeli ‘realpolitik’Young ethnic Armenians from Nagorno-Karabakh in the town of Goris during evacuations to Armenia on October 1. Hayk Baghdasaryan/Photolure/AP Ethnic Armenians from Nagorno-Karabakh drive to Goris on September 28. Vahan Stepanyan/PAN Photo/AP Volunteers distribute food to ethnic Armenians arriving in Goris from Nagorno-Karabakh on September 28. Alain Jocard/AFP/Getty Images Ethnic Armenians from Nagorno-Karabakh line up to receive humanitarian aid at a temporary camp in Goris on September 26. Wezeman, the researcher at SIPRI, said Israel could come under pressure from its Western allies to reconsider arms sales to Azerbaijan.

Persons: CNN —, Marut Vanyan, “ I’m, ”, “, Vanyan, Leonid Nersisyan, Rishon Le, Jack Guez, …, Pieter Wezeman, ” Wezeman, Emmanuel Dunand, Efraim Inbar, ” Inbar, Israel ’, Inbar, LORA, ” Hikmet Ajiyev, Ilham Aliyev, realpolitik, Diego Herrera Carcedo, Sergey Astsetryan, Aziz Karimov, Hayk, Vahan Stepanyan, Vasily Krestyaninov, Alain Jocard, Anatoly Matlsev, David Harapetyan, Irakli Gedenidze, Reuters Greta, Anthony Pizzoferrato, Samantha Power, Power, Astrig Agopian, Novlet, David Ghahramanyan, Israel Organizations: CNN, Azerbaijan, Applied Policy Research Institute, Israel Aerospace Industries, IAI, Autonomous Robotics, Getty, Haaretz, Artsakh Defense Army –, Stockholm International Peace Research Institute, Azerbaijani Ministry of Defense, Israeli Ministry of Defense, Ovda Airport, Israel, Jerusalem Institute for Strategy, “, APRI, Artsakh Defense Army, Reuters, AP, Erebuni, PAN, AP Volunteers, Karabakh, Technologies, US Agency for International Development, Volunteers, Vehicles, Red Cross, People, Armenian Ministry of Foreign Affairs, European Union Locations: Nagorno, Karabakh, Stepanakert, Karabakh’s, Azerbaijan, Armenia, Rishon, Tel Aviv, AFP, Israel’s, Artsakh, Israel, Stockholm, Baku, Lachin, Iran, Iranian, Jerusalem, Ottoman, Turkey, Ottoman Empire, APRI Armenia, Syunik, Nakhchivan, Republic of Armenia, Goris, Yerevan, Kornidzor, Russia, United States

☆ In the country of ‘machismo,’ a woman will be the next president
▼ + stars: | 2023-10-04 | by ( Rafael Romo | ) edition.cnn.com time to read: +7 min

Sheinbaum, a 61-year-old former Mexico City mayor and longtime political ally of Lopez Obrador, hit all the right notes in thanking him. Lopez Obrador promises to ‘retire completely’Schettino believes the immensely popularly Lopez Obrador views Sheinbaum as his extension in power. In 2012, Lopez Obrador created Morena as a political party. “President López Obrador, a dinosaur who not only is a dinosaur, but also has the vocation of a tyrant. Earlier this year, Lopez Obrador denied he had any favorites among his party’s hopefuls or that he was pushing for one candidate or another behind the scenes.

Persons: Andrés Manuel López Obrador, Claudia Sheinbaum, Lopez Obrador, Morena, Sheinbaum, ”, –, Xochitl Gálvez, It’s, Lopez, Xochitl Galvez, wasn’t, Gálvez, López Obrador, Vicente Fox, Gálvez unapologetically, Macario, she’s, don’t, ” Schettino, “, let’s, it’s, ” Sheinbaum, ‘, Schettino, hew Organizations: CNN, Mexico City, Broad Front, PAN, PRI, PRD, Front, Mexican Congress, Social, Institutional Revolutionary Party, Party of Democratic Locations: Mexico City, Mexico, Monterrey, Mexican, Mexico’s

DETROIT (AP) — Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies. Industry sales rose 16.3% from July through September as consumer demand stayed strong, even given an average new vehicle loan rate of 7.4% and an average vehicle price of more than $45,500. Vehicle supplies also continued to recover from shortages of computer chips and other parts that began during the pandemic and are finally abating. General Motors posted a 21.2% increase, while Toyota sales rose 12.2%. Kia sales rose 13.8%.

Persons: ”, Ivan Drury, Drury, General Motors, Power, Ford Organizations: DETROIT, Detroit, Industry, Federal Reserve, General, Toyota, Honda, Nissan, Hyundai, Kia, Ford, Analysts, United Auto Workers, General Motors, Stellantis Locations: U.S

☆ US new auto sales likely rose in Q3, but UAW strikes may pose speed bump
▼ + stars: | 2023-10-02 | by ( Shivansh Tiwary | ) www.reuters.com time to read: +2 min

But that may change after the United Auto Workers (UAW) union launched unprecedented, coordinated strikes against GM, Ford (F.N) and Stellantis (STLAM.MI) last month. "The production disruptions caused by the strike will have ramifications for potential sales levels moving through the fourth quarter," S&P Global Mobility said in a note. The automakers haven't disclosed a financial hit from the strikes so far and September sales are likely to be unscathed given the inventory built up in anticipation of the strike. U.S. new vehicle sales likely rose 17% to 3,941,700 units, whereas, the September seasonally adjusted annualized rate is expected to be 15.4 million units, consultants J.D. Automakers are expected to report quarterly sales in the coming days.

Persons: Carlos Barria, autoworkers, haven't, J.D, GlobalData, Shivansh, Shounak Dasgupta Organizations: REUTERS, General Motors, Toyota, United Auto Workers, UAW, GM, Ford, P Global Mobility, Detroit Three, Detroit, Thomson Locations: Port of Richmond, San Francisco , California, Edmunds, Bengaluru

☆ A big EV purchase decision that's not about the car model you buy
▼ + stars: | 2023-09-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +3 min

As all-electric vehicles become more popular and incentives for renewable energy proliferate, many early EV adopters may be reconsidering their home charging needs. The decision to upgrade from a standard Level 1 charger to a Level 2 charger at home is on many owners' minds. It can be an important decision given that about 80% of all charging takes place at home, according to Department of Energy estimates. You might not need Level 2 charging capabilities at home, however, since they can often be found at retail establishments, workplaces, restaurants and grocery stores. Another option is a Level 2 at-home charging station that's permanently mounted, which can allow users to customize charging schedules to better control charging.

Persons: Brian Wilkerson, I'm, Mark Barrott, Plante Moran Organizations: of Energy, Ford Pro, Ford Motor Company, EV, of Transportation

☆ Best High-Yield Savings Accounts for October 2023
▼ + stars: | 2023-09-28 | by ( Martha C. White | ) www.wsj.com time to read: +18 min

With the Federal Reserve steadily raising interest rates to fight inflation, high-yield savings account payouts have steadily risen, too. After years of near-zero returns, the average savings account rate has risen to 0.45%, according to the Federal Deposit Insurance Corp. Their new High-Yield Savings account offers a 3.5% APY, but you need a hefty $5,000 deposit to open the account. Unlike some high-yield online savings accounts, you earn a high APY—currently 5%—on every dollar in your account. You can conduct immediate electronic transfers between your brokerage account and savings account, and manage both savings and investment activities on a single platform.

Persons: Martha C, it’s, JPMorgan Chase, Wells, Wells Fargo, Ally, Synchrony, UFB, —, Achilles, We’ve, Foster, Alliant, Morgan Stanley, Marcus, Goldman Sachs, Charles Schwab, Charles Schwab Bank Charles Schwab Organizations: Federal Reserve, Federal Deposit Insurance Corp, Capital, National, One’s, JPMorgan, JPMorgan Chase JPMorgan Chase &, Chase Savings, Ally, Synchrony, CIT, First Citizens, Bank, Axos Bank, Webster Bank, National Bank, Zelle, Alliance Data Systems, Comenity Capital Bank, FDIC, Foster Care, Navy, Navy Federal, Savings, Morgan Stanley Private, Morgan Stanley Private Bank, Bloomberg, Trade, Charles, Charles Schwab Bank, Best Bank, National Credit Union Administration, dateline Locations: Chase, Zelle, Ally’s, Utah, Chicago, U.S, .

Here are the key takeaways of an Associated Press investigation into the probe:WHAT DO THEY THINK HAPPENED? Investigators led by the federal bureau of Alcohol, Tobacco, Firearms and Explosives and Maui County have declined to comment on specifics of the probe. They included a heavily charred, hollowed 4-foot-tall stump of a utility pole, two heavily burned trees and the remains of an old car tire. Photos taken after the blaze show charred foliage in the utility’s right-of-way still more than 10 feet high. The utility instead sought to shift the blame to Maui County fire officials for what it believes was their premature, false claim that they had extinguished the first fire.

Persons: ”, Balagso, couldn’t, Munro Tulloch Organizations: Associated Press, Co, Alcohol, Tobacco, Firearms, Explosives, Press, AP, Electric Locations: Lahaina, Maui, Maui County

☆ Beaten down US solar sector may be primed for a rebound: Maguire
▼ + stars: | 2023-09-27 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

High interest rates that caused financing costs for panel installations to surge and enduring supply chain disruptions have stifled residential and corporate solar system orders through much of 2023, hammering sector sentiment. SunPower Corporation (SPWR.O), which for nearly 40 years has been one of the largest U.S. residential solar system installers, has been the downside leader in terms of key solar share prices, dropping by nearly two-thirds year-to-date. The company also expects its leasing business - where it leases instead of sells solar panels to households, and charges homeowners a monthly fee - to show continued growth following a 108% expansion in the second quarter. HOME GROWN PRODUCTIONFirms that specialize in the manufacture of key solar components have also seen steep stock price declines this year. Wall Street trackers are also upbeat on the outlook for First Solar (FSLR.O), which is one the few solar sector companies to have had share prices gain year-to-date.

Persons: Roth, Gavin Maguire, Jamie Freed Organizations: SunPower Corporation, Enphase Energy Inc, Reuters, Thomson Locations: LITTLETON , Colorado, California, U.S, United States, Ohio, Alabama

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