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Bloomberg | Bloomberg | Getty ImagesRegardless of the outcome of the U.S. presidential election, there could be some clear winners for exchange-traded funds, or ETFs, experts say. Potential winners and losersIn the months ahead, some ETFs or funds could outperform depending on the election outlook. Exchange-traded funds have steadily gained popularity among investors, with ETF assets crossing the $10 trillion mark in September — a trend experts say is largely due to advantages like lower tax bills and fees relative to mutual funds. Exchange-traded funds are generally known for passive strategies, but there has also been a surge in actively managed ETFs, with the goal of beating the performance of broader markets. watch nowHowever, most financial advisors caution against making hasty changes to your investment portfolio based on the outcome of this election.
Persons: Donald Trump, Kamala Harris —, Kim Wallace, Anu Ganti, Dow, Kristina Hooper, Harris, Invesco's Hooper, Hooper, Trump, Biden, 22V's Wallace, Wallace Organizations: Bloomberg, Getty, U.S, Democratic, ETF.com, Dow Jones Indices, Big Tech, Trump, Congress, Exchange, Federal Locations: Washington, U.S,
Autonomous driving is at a pivotal juncture, with several companies vying for leadership in a sector that promises to revolutionize transportation. While Tesla (TSLA) has dominated the autonomous vehicle headlines with its Full Self-Driving (FSD) system, it may not be the best autonomous driving investment. Waymo: A leader in the autonomous race Waymo, a subsidiary of Alphabet , has long been a frontrunner in the autonomous driving sector. Tesla's FSD software relies primarily on optical cameras, supported by advanced AI algorithms to interpret the road environment. The value autonomous driving adds to stock Currently, Alphabet, GM, and Tesla are not generating meaningful revenue from autonomous driving or robotics technology.
Persons: GM's, Google's Waymo, Waymo, Tesla's, Cruise, Mary Barra, Elon Musk, Tesla, AVs, GM's supercruise, TSLA, Price, Mary Barra's Organizations: General Motors, PACE, Hyundai, Federal Motor Vehicle Safety, Cruise, Cruise's, National, Traffic Safety Administration, Ford, Elon, GM's, Tesla, GM, CNBC, NBC UNIVERSAL Locations: Phoenix, Los Angeles, AVs
Market analysts predicted choppy trading and sharp swings going into the US presidential election. AdvertisementMarket analysts are braced for volatility ahead of Tuesday's presidential election as traders shuffled their bets on a Donald Trump or Kamala Harris victory. The drivers of market performance — economic growth, corporate earnings, and innovation — ultimately outshine the impact of political changes. The Trump trade is a stronger dollar, weaker bonds/ higher bond yields and stronger crypto. With one day left of this campaign, the dollar is falling, and the dollar index is at a two-week low.
Persons: Donald Trump, Kamala Harris, , who'll, Naeem Aslam, Joshua Mahony, Harris, Hal Cook, Hargreaves, Kathleen Brooks, Trump Organizations: Service, Republican, Democratic, Federal Reserve, Zaye, Trump, FX Locations: Iowa, United States
CNN —Max Verstappen produced one of the all-time wet weather drives at the Sao Paulo Grand Prix on Sunday, climbing from 17th to first to all but seal his fourth consecutive F1 drivers’ championship title. In doing so, he extended his lead in the title race over challenger Lando Norris, who started in pole but finished sixth. Verstappen looks on during the Sao Paulo Grand Prix. Verstappen made a rapid start, moving up to 11th after just one lap, and to sixth by lap 11. Rain kicks up off the back of Verstappen's car as he competes during the Sao Paulo Grand Prix.
Persons: Max Verstappen, Red Bull, Lando Norris, Verstappen, Alessio Morgese, , ” Norris, , It’s, it’s, Norris, Lance, Clive Mason, George Russell, Franco Colapinto, Esteban Ocon, Pierre Gasly Organizations: CNN, Sao Paulo, Sao Paulo Grand Prix, McLaren, AP, Mercedes, Red Bull Locations: Sao Paulo Grand, Brazil, Las Vegas, Ocon
Insider Today: Big Tech battle royale
  + stars: | 2024-11-03 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda today:Related Video How Twitter panic took down Silicon Valley BankBut first: Takeaways from a big week in Big Tech. All about AI, all the timeGetty Images; Jenny Chang-Rodriguez/BIThe trillion-dollar giants of Big Tech reported earnings this week, beating estimates and committing billions to AI. The disappearing tech freebiesMint Images - David Arky/Getty, masterzphotois/Getty, Tyler Le/BIAfter years of upping the ante with everything from exercise classes to laundry services, tech companies are clamping down on freebies.
Persons: , we'll, Jenny Chang, Rodriguez, Sundar Pichai, execs, Mark Zuckerberg, Natalie Ammari, Tesla, James Yates, David Arky, Tyler Le, BI's Graham Flanagan, Matt Garman Organizations: Business, Service, Big, Big Tech, Apple Apple, underwhelmed, Apple Intelligence, Meta Meta, Nvidia, Microsoft Microsoft, United States Army, Amazon Locations: Big Tech, China, Italy, Spain, New Zealand, Hawaii
Apart from making up for a shrinking labor force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The plan in Switzerland involves an underground pathway, while the one being planned in London will be a fully automated system running on low-cost linear motors. Japan's shortage of truck drivers is worsening due to laws that took effect earlier this year that limit the amount of overtime drivers can log. The domestic transport capacity stands at about 4.3 billion metric tons, almost all, or more than 91%, by trucks, according to the Japan Trucking Association. As is true in most places, truck drivers have tough jobs requiring them to be on the road for days at a time, work that most jobseekers find unappealing.
Persons: Stanislav Kogiku, it's, Yuri Endo, Endo Organizations: Getty, Japan, Ministry of Land, Transport, Japan Trucking Association, Trucking Association Locations: Shinjuku , Tokyo, Tokyo, Osaka, Infrastructure, Tourism, Japan, Switzerland, Great Britain, London, U.S, United States
DisneyIt's time for Disney parks to swap pumpkins for poinsettias. In the thick of its busiest season, Disney's domestic theme parks have already begun to transition from Halloween decorations to Christmas colors. About two weeks before Halloween, Disney's crew begins installing "inconspicuous" elements for the holiday season, such as lighting rigs. Festive food options arrive just in time for the holidays at Disney's theme parks. At the Walt Disney World resort, Mickey's Very Merry Christmas Party launches Nov. 8 and Jollywood Nights start Nov. 9.
Persons: Ken Potrock, Mickey, Mickey's, Gavin Doyle, Doyle, , Jack Skellington, Santa Claus Organizations: Disney, Disneyland Resort, Walt Disney, Christmas Party Locations: Orlando , Florida, Anaheim , California, Florida, California, It's, Santa
NCRI identified 951 accounts that engaged in “coordinated inauthentic activity” associated with a pro-Harris campaign called #BlueCrew. Researchers have repeatedly documented how propagandists have used automated accounts, or bots, to spread false narratives on social media. NBC NewsNot all accounts that engage in coordinated inauthentic behavior are bots. “These highly inauthentic accounts do more than spread misinformation; they establish a self-reinforcing cycle,” the NCRI report says. “This means that a relatively small subset of orchestrated, inauthentic accounts is responsible for a disproportionately large share of the misleading information being circulated.
Persons: Donald Trump, , , Joel Finkelstein, netizens, BlueCrew, Trump, Butler, NCRI, Harris, Mike Johnson, Kamala Harris Organizations: Rutgers University’s Network, Research, Democratic, Trump, NBC, MSNBC Locations: Butler , Pennsylvania, Ohio, Russia, Iran, China, Springfield , Ohio
Alberto Saiz/AP A man walks around a cemetery on the outskirts of Valencia on Friday. Alberto Saiz/AP People clear debris from a shop in Chiva on Friday. Alberto Saiz/AP A member of the Military Emergencies Unit searches for victims in Letur on Friday. Alberto Saiz/AP A man stands among damaged vehicles in Valencia on Thursday. Mud still fills the streets in many areas, with the mayor of Valencia sharing images of community clean-up efforts on Friday.
Persons: David Ramos, Manu Fernandez, Nacho Doce, La Torre, Ana Escobar, Susana Vera, Alberto Saiz, Ismael Herrero, Shutterstock, Doce, Jose Jordan, Blanca Ruiz, Carlos Calmaestra, Oscar Del Pozo, Eva Defez's, Mateo Villalba Sanchez, Eva Manez, Víctor, Spain’s, , RTVE, Paiporta’s, María José Catalá, La Organizations: CNN, RTVE, Firefighters, Getty, AP, Reuters, La Torre, Military, Unit, AP Authorities, Wednesday, Europa Press, Spain’s El Mundo, Spanish, , Locations: Spain, Valencia, Torre, Benetússer, Chiva, Paiporta, La, Alfafar, Letur, La Torre, AFP, Godelleta, Utiel, Sedaví, L'Alcúdia, Spanish, Huelva, Andalusia, Orange
AdvertisementSummer is over, and this Sunday it's time to turn back the clocks, ending daylight-saving time for the year. "That's how fragile and susceptible your body is to even just one hour of lost sleep," sleep expert Matthew Walker, author of "How We Sleep," previously told Business Insider. Some lawmakers want permanent DST — others want standard time year-roundThe political debate over DST is fierce, unscientific, and deeply divided. In the 2018 midterms, voters opted to get rid of the annual clock change, to be in permanent daylight-saving time. Switching to permanent DST requires a green light from Congress, but states do not need federal approval to switch to permanent standard time.
Persons: , it's, Matthew Walker ,, That's, GOP Sen, Marco Rubio, Rubio, Akinbolaji Organizations: Service, American Medical Association, DST, Sleep Research Society, National Conference of State Legislatures, Protection, GOP, Senate, University of Minnesota Medical School Locations: Germany, Europe, Hawaii, Arizona, Indiana, Finland, California
AdvertisementThe days of European carmakers dominating China's luxury vehicle market are over. A study by AlixPartners found that Chinese automakers released 40 over-the-air software updates between March 2023 and February this year, compared with just two from legacy automakers. AdvertisementHard to quitDespite a challenging environment, Western premium automakers can ill afford to give up on China. As well as increased competition, European automakers face a geopolitical headache. AdvertisementTim Urquhart, principal automotive analyst at S&P Global Mobility, told BI the European Union's tariffs on Chinese automakers meant Beijing could impose levies on European car imports in retaliation.
Persons: , Aston Martin, James Bond, Chris Brownridge, BYD, Lutz Meschke, Max, Xiaomi, Steve Dyer, Dyer, AlixPartners, Mercedes, GAO, China's, Tim Urquhart, Urquhart Organizations: BMW, Mercedes, Benz, Porsche, Service, upstarts, Volkswagen, Royce, British, Bloomberg, Reuters, Getty, P Global Mobility Locations: China, British, London, Korea, Western Europe, Beijing
In today's big story, Big Tech is pulling back on the freebies for its employees . The perks help recruit and retain talent and keep employees working at the office. Some Amazon employees aren't buying it. It's not all bad news for Amazon employees, though. Some Amazon employees support Jeff Bezos' controversial WaPo decision.
Persons: , David Arky, Tyler Le, Insider's Lara O'Reilly, Rob Price, Hugh Langley, Sydney Bradley, It's, Matt Garman, Frederic J . BROWN, BI's Jyoti Mann, Ashley Stewart, Garman, Stave Huffman, Spencer Platt, Natalie Ammari, Tesla, Meta, Jenny Chang, Rodriguez, Harris, Trump, you'll, Jeff Bezos, Bezos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Microsoft, SEC, Big Tech, Meta, Citibank, Tech, Services, Getty, Amazon Web Services, Amazon, BI, Google, Semiconductor, Intel, Washington Post, Apple Locations: OpenAI, AFP, New York, London
Pennsylvania Voters Worry About the Toxicity of PoliticsIn a tight presidential race, Pennsylvania, with its 19 electoral votes, will very likely decide the winner. That’s clear in Berks County, which lies about 60 miles northwest of Philadelphia where flourishing Democratic suburbs melt into conservative, rural Pennsylvania. But nearly all of them worried that the growing toxicity of national politics had endangered that sense of community. She said many people she knew remembered Mr. Trump’s name on the stimulus checks that were sent out in 2020. “They’re pushing division.” Scroll to play video Muted Winston Reyes Winston Reyes Adam Nissley Adam Nissley Sara Torres Sara Torres Winston Reyes Winston Reyes Adam Nissley Adam Nissley Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli “I was a Democrat before, I voted Democrat.” “I was a Democrat before, I voted Democrat.” “I voted for Obama to start with.
Persons: Donald J, Trump, Biden, , Matthew, Turner Adrean Turner Brandon Moyer Brandon Moyer Ola, Ola, Sara Torres Sara Torres Eushanada Joof, Joof Ivan Shibley Ivan Shibley Ola, Joof Ivan Shibley Ivan Shibley Adam Nissley Adam Nissley Winston Reyes Winston Reyes Brandon Moyer Brandon Moyer Ruth Martelli Ruth Martelli Eushanada Joof, Joof Ivan Shibley Ivan Shibley Brandon Moyer Brandon Moyer Ola, Ola Creston Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Adam Nissley Adam Nissley Ivan Shibley Ivan Shibley Eushanada Joof, Joof Winston Reyes Winston Reyes, ” you’re, ” “, Kamala Harris, , we’ve, Tony Perez, Perez, , Sara Torres Sara Torres Adam Nissley Adam Nissley Winston Reyes Winston Reyes Adrean Turner Adrean Turner Adam Nissley Adam Nissley Eushanada Joof, Joof Brandon Moyer Brandon Moyer Ola, Ola Creston Ruth Martelli Ruth Martelli Adam Nissley Adam Nissley Sara Torres Sara Torres “, “ It’s, “ Trump, Kamala, ” Kamala, Xiomara Linda Guerrero “ It’s, Xiomara Linda Guerrero, Ross, Puerto Rico, Guerrero, Ola Creston Ola, Ola Creston Ola Creston Ivan Shibley Ivan Shibley Ola, Ola Creston Ola Creston Ivan Shibley Ivan Shibley Ola Creston Ola, Ola Creston Ola Creston Ivan Shibley Ivan Shibley Ola Creston Ola Creston Ivan Shibley Ivan Shibley Brandon Moyer Brandon Moyer Adam Nissley Adam Nissley Winston Reyes Winston Reyes Sara Torres Sara Torres Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes, there’s, “ You’re, Randy Bleyer, Winston Reyes Winston Reyes Adam Nissley Adam Nissley Sara Torres Sara Torres Winston Reyes Winston Reyes Adam Nissley Adam Nissley Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli “, Obama, ” “ Obama, ” “ Kamala Harris, “ Kamala Harris, Shavona Johnson, Creston Adrean Turner Adrean Turner Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli Adrean Turner Adrean Turner Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Ola, Creston Adrean Turner Adrean Turner Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli Adrean Turner Adrean Turner Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Ola Creston Ola, Sara Torres Sara Torres “, Roe, Wade, can’t, — it’s, ” it’s, You’re, Liz Groh “, Liz Groh Organizations: Mr, ” “ Liberal, , Trump, I’m, Republican, Pennsylvania, Berks County, Gas, Madison, Democrat, Immigrants, Walmart, America, Democratic Party, Blacks, state’s Department of Corrections, Republican Party Locations: Pennsylvania, Berks County, Philadelphia, Reading, Berks, , Boyertown, Pa, Joof Ivan Shibley Ivan Shibley Ola Creston, Creston, Ola Creston, “ Berks County, United States, America, ” “ Berks County, Spanish, Puerto Ricans, Puerto, New York, Ola Creston Ola Creston, Ola Creston Ola Creston Ivan Shibley Ivan Shibley Ola Creston, Ola Creston Ola Creston Ivan Shibley Ivan Shibley Ola Creston Ola Creston, Hazleton, It’s, , Creston Adrean Turner Adrean Turner Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli Adrean Turner Adrean Turner Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Ola Creston
AdvertisementThe cofounder of Zoox, an Amazon-backed robotaxi company, said he sometimes feels nervous when using Tesla's so-called Full Self-Driving mode. FSD is a key piece of Tesla technology that will be critical for the company's fully autonomous vehicle and robotaxi visions. Levinson said part of the problem with Tesla's approach to autonomous driving is its reliance on cameras. Related storiesNot everyone is a skeptic of Tesla's autonomous driving vision. AdvertisementLike Waymo, Zoox uses a combination of LiDAR, radar, and cameras for its autonomous driving system.
Persons: Jesse Levinson, , FSD, Tesla, Elon Musk, Levinson, Musk, Tesla's, it's, Andrej Karpathy, Karpathy, Zoox Organizations: TechCrunch, Service, Traffic, Administration, Waymo, PACE, Tesla, Las Locations: San Francisco, California, Texas, Market
Test drivers on Project Rodeo say they push the company's self-driving software to its limit. Business Insider spoke with nine current and former Project Rodeo test drivers and three Autopilot engineers in states including California, Texas, and Florida. Test drivers on Project Rodeo say they push the company's self-driving software to its limit. Tesla did not respond to a detailed list of questions about Project Rodeo and its self-driving technology. Paul Hennessy/SOPA Images/LightRocket/GettyTwo years later, test drivers were asked to train the system near pedestrians, test drivers said.
Persons: Elon Musk, Tesla, they're, Noah Berger, Missy Cummings, Cummings, Mark Rosekind, Patrick Pleul, Musk, Morgan Stanley, Adam Jonas, They're, FSD, John Bernal, Bernal, Paul Hennessy, Five, , It's, Cruise, Mario Tama, Philip Koopman, Koopman, Alex Roy, Roy Organizations: Business, BI, Stanford University, National, Traffic Safety Administration, NHTSA, Drivers, Tesla, YouTube, Department of Transportation, San, Cruise, Carnegie Mellon University Locations: San Francisco, California , Texas, Florida, Texas, crosswalks, Cruise, Phoenix, Arizona, Los Angeles , California
Here are the biggest calls on Wall Street on Thursday: Goldman Sachs reiterates Microsoft as buy Goldman says the stock remains extremely attractive following earnings on Wednesday. Bank of America reiterates as Meta as buy Meta remains a "top AI pick" following earnings on Wednesday. Deutsche Bank downgrades Kraft Heinz to hold from buy Deutsche says it sees "reduced growth" following earnings. BTIG upgrades Wingstop to buy from neutral BTIG said investors should buy the dip following earnings on Wednesday. "We are upgrading shares of Wingstop to Buy from Neutral with a $370 price target following the post-earnings selloff in shares yesterday."
Persons: Goldman Sachs, Goldman, Al, Oppenheimer, Wolfe, Bernstein, it's, JPMorgan downgrades Brinker, Morgan Stanley downgrades Biogen, Morgan Stanley, Deutsche Bank downgrades Kraft Heinz, KBW, Wells, Wells Fargo, L3Harris Organizations: Microsoft, Bank of America, Meta, JPMorgan, Chili's, Corp, Deutsche Bank, Deutsche, Walmart, Technologies, of America Locations: Robinhood, 4Q24, OW
Google Maps and its platforms rolled out a Gemini AI update that enhances its location services. Starting this week, the company's Gemini AI will be integrated into Google Maps in the US on Android and iOS. Google vice president Miriam Daniel told Business Insider that the presentation of the results in Google Maps and the Gemini app might look different, "but the fundamental core is somewhat the same." AdvertisementDrivers will be able to report incidents within Google Maps. The tech giant has been working on integrating AI into various platforms, such as AI Overviews in Google search results.
Persons: , Miriam Daniel, Susanne Franz, We're, Daniel Organizations: Google, Gemini, Drivers, Service, Waze, Android, Business
I moved from the US to South Korea in 2013, and there are some things I don't miss about America. Here are nine things I don't miss about living in the US. There's a large US military presence in South Korea, and many Americans have brought their tipping habits with them overseas. For example, in South Korea, I've seen candidates ride around in the bed of a truck blasting their campaign theme song. When I travel outside South Korea, I'm often stunned by the slow internet speeds and spotty public WiFi.
Persons: , I'm, I've, it's, I'd Organizations: Service, Korea, Korea's Locations: South Korea, Portland , Oregon, Daegu, North Korea, There's, Denver, Portland, Seoul, Busan, Korea
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCloud software is incredible driver of growth for the future: Wolters Kluwer CFOWolters Kluwer CFO Kevin Entricken discusses cloud software and artificial intelligence as drivers of growth, and what implications the U.S. presidential elections might have for the business.
Persons: Wolters, Kevin Entricken Organizations: Wolters
CFRA trimmed its Amazon price target to $219 a share on October 21, indicating 13% upside ahead. The firm has a "buy" rating on the stock and a $210 price target, which implies an 8.3% gain from current levels. The firm said investors have toned down margin expectations due to Amazon's spending in new investment areas, such as Project Kuiper. AdvertisementWedbush reiterated its "outperform" rating and $225 price target, implying a 16% gain from current levels. Morgan Stanley has a $210 price target for the stock, representing upside of about 8% from Wednesday's share price.
Persons: , Arun Sundaram, Sundaram, Justin Post, BofA, Scott Devitt, Wedbush, Morgan Stanley, Bullish, Brian Nowak Organizations: Service, CFRA, Bank of America, Amazon Web Services, 3Q, JPMorgan, Wedbush Securities
A resident walks next to a car lifted up in a street covered in mud in a flooded area in Picanya, near Valencia, eastern Spain, on October 30, 2024. At least 63 people have died in eastern Spain after flash floods swept away cars, turned village streets into rivers and disrupted rail lines and highways in the worst natural disaster to hit the European nation in recent memory. Emergency services in the eastern region of Valencia confirmed a death toll of 62 people on Wednesday. Rainstorms on Tuesday caused flooding in a wide swath of southern and eastern Spain, stretching from Malaga to Valencia. Floods of mud-colored water tumbled vehicles down streets at high speeds, while pieces of wood swirled in the water with household items.
Persons: Pedro Sánchez, Sánchez Organizations: Castilla La, Police, Spanish, Authorities Locations: Picanya, Valencia, Spain, Castilla La Mancha, Cuenca, Rainstorms, Malaga
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . My daughter, Julia, was 6 when she went trick-or-treating for the first time without me or my husband, Troy, on Halloween 2021. Eskridge with her daughter, Julia, then 6, at a neighborhood Halloween party in 2021. In 2022, Julia went trick-or-treating with two friends, one 7 and the other 8. The parent of the 7-year-old wanted to tag along, and although she was a bit disappointed, Julia went with the flow.
Persons: Kay Eskridge, , Julia, Troy, Jonetta, We'd, I'd, we'd, Nobody, Miss Dee, I've, we're, She'll Organizations: Service, Child Protection Services, Business Locations: Louisville , Kentucky, Troy
Ford CEO Jim Farley is a big fan of Xiaomi's SU7 EV — and it just got a major upgrade. The Chinese tech giant unveiled the SU7 Ultra, a high-performance electric car with a max speed of 350km per hour. AdvertisementFord CEO Jim Farley's favorite Chinese EV just got a major upgrade. Speaking on a podcast last week, Ford CEO Farley praised Xiaomi as an "industry juggernaut" and said he was a big fan of the SU7. AdvertisementWestern automakers like Ford are under pressure from Chinese electric car makers, which are expanding rapidly worldwide.
Persons: Jim Farley, , Jim Farley's, Xiaomi, Farley, Lei Jun, it's, I've, Tesla, Elon Musk Organizations: , Service, Ford, Citibank Locations: China, presale, Shanghai, Chicago
But some countries make motorists more nervous than others. A survey published in October shows drivers are most concerned about getting behind the wheel in India. With a score of 7.15 out of 10, India had the average highest score out of 49 countries in the survey. The survey is not based on statistical information, such as roadway safety or fatalities, but perceptions of drivability among non-locals. The top 10 list is a mix of countries across Asia, Africa and South America.
Locations: India, United Kingdom, United States, Canada, Australia, New Zealand, South Africa, Germany, France, Italy, Spain, Bengaluru, Mumbai, Pune, Asia, Africa, South America
It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.
Persons: Harris, ” Patrick De Haan, It’s, we’re, , De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States
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