The U. S. car industry has had a wild ride since 2020. Factories shut down, parts ran out, and prices shot up. Now, in 2026, things aren't looking much smoother. Car bosses are planning for the worst while hoping for the best. Prices are a big worry. The average car now costs about $50, 000. That's
The Los Angeles City Council has extended its partnership with FilmLA for another five years. This decision came despite calls from advocacy groups for changes to the city's permitting process. The groups argue that the current system is too complex and costly, which has contributed to a decline in
The United States faced a significant credit rating downgrade. This is not the first time this has happened. The last two times were in 2011 and 2023. This time, it was Moody's turn to lower the rating. They dropped the US credit rating from Aaa to Aa1. This change sent shockwaves through the f
The stock market in the U. S. had a rollercoaster ride after a sudden announcement about tariffs. It took just a few weeks for the market to bounce back to where it was before the shock. This happened after a president announced much higher tariffs than expected on almost all U. S. trading partners.
The world's financial markets took a hit on a Friday. This was after a night of heavy selling on Wall Street. The reason? The ongoing trade battle between the United States and China. This fight has been going on for a while. It's making investors nervous. They're not sure what will happen next. Thi
The US has set a deadline for countries to make trade deals before new tariffs hit. The US has given countries a short time to make deals before new tariffs start. The US president has said that countries can avoid higher tariffs if they make changes to their trade rules. This has caused a rush
A recent poll shows that most people in Western Europe are prepared to hit back if the US starts imposing big tariffs on their goods. This move is expected to happen soon, with the US president planning to introduce various tariffs on imports from major trading partners. These tariffs could range fr
