More from Ali Caldwell
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EV infrastructure startup bringing ultra-fast charging ‘trees’ to New York City
Electric vehicle (EV) infrastructure startup Gravity Inc. is set to expand its network of the nation’s fastest charging stations throughout New York City. This plan aims to address one of the major challenges in urban EV adoption: finding sufficient space for charging infrastructure. Gravity’s patent-pending solution comes in the form of what it calls charging… -
Europe may raise tariffs on Chinese EVs, but Beijing wants to cut a deal instead
The European Commission is expected to announce a new tariff hike on electric vehicle (EV) imports from China, a move that could cost Chinese automakers billions of dollars. However, Beijing may be open to negotiating a compromise in order to soften the blow to its EV sector, which right now stands as the largest in… -
China’s overproduction of solar panels drives silver demand to 12-year high
The global demand for silver jumped in recent years, driven by increased of solar panel production. China produces more solar panels than the rest of the world. This surge led to a significant rise in silver prices, which have increased 35% this year, reaching a 12-year high. According to the Silver Institute, a nonprofit that… -
China’s rare earth dominance fueled by human rights abuses in Myanmar
China has dominated the global rare earth supply chain and is now using Myanmar, a nation plagued by political instability, violence and corruption, to obtain more of these resources. Its practices are known to cause harm to locals and the environment in the process. Due to the widespread proliferation of these materials to be used… -
The (ones raising) kids are not alright
Each year the Federal Reserve asks Americans about their financial well-being. In the latest survey released the week of May 20, the share of adults that reported being financially OK was mostly unchanged from last year with one notable exception: parents. No, the parents are not alright, according to the latest Fed survey. The share… -
Slow build up of EV chargers in the US may actually be a good thing
The United States is experiencing a shortage of electric vehicle (EV) chargers as the number of EVs on the roads continues to grow. While EV adoption has increased in recent years, the infrastructure to support these vehicles has not kept pace. In 2016, there was one EV charger for every seven electric vehicles in the… -
Biden admin to end mining leases in the nation’s largest coal-producing region
The Biden administration announced it will stop offering new coal leases in the Powder River Basin. The region produces nearly half of America’s coal supply, which powers about a fifth of the nation. This decision marks the administration’s most decisive action yet toward phasing out the coal industry in the United States. The White House… -
Biden has only weeks to safeguard policies from potential Trump victory
President Joe Biden has eight months remaining on his presidential first term. However, he has only weeks to safeguard his key policies and regulations from a potential Donald Trump victory in November. “The Biden administration is right now trying to rush out in final form all of the regulations that he’s been working on for… -
Billionaires discuss how to shut down Columbia protests in group chat: Report
A group of billionaires privately pressed New York City Mayor Eric Adams to break up campus protests at Columbia University in April, according to The Washington Post. The newspaper’s report is based on conversations from a private WhatsApp group chat filled with wealthy business moguls. Real estate magnate Barry Sternlicht reportedly initiated the chat through… -
How much sway does Fed’s interest rate policy have over residual inflation?
The latest consumer price report released on Wednesday, May 15, showed a slight easing of inflation in April. It was led by lower grocery prices and declining auto prices, both new and used. The Bureau of Labor Statistics said overall consumer prices rose 3.4% on the year and 0.3% on the month, with shelter and… -
GameStop stock roars back on Monday with help from Roaring Kitty posts
The face of 2021’s meme-stock craze is back with a post on X. The single meme sent GameStop’s stock surging, eventually halting trading due to volatility. Keith Gill, better known as Roaring Kitty on YouTube and social media, returned to the platform previously known as Twitter for the first time in nearly three years Sunday,… -
Wind energy could get even greener by replacing steel with wood
The wind energy industry may be on the verge of becoming even more environmentally friendly. Even though wind turbines create almost zero pollution once they are up and spinning, the processes of constructing and deconstructing them can still be fairly carbon-intensive and produce a lot of waste. Some in the industry are now turning to… -
Record-breaking $10B clean energy deal to help Microsoft power AI at data centers
Microsoft has agreed to a deal which the company describes as the largest single electricity purchase agreement signed between two corporate partners. Partnering with Brookfield Asset Management, Microsoft is investing more than $10 billion to provide power for its artificial intelligence operations at data centers. The funds will go toward building solar farms, wind turbines…