More from Dan Reardon
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‘Revenge of the Electric Car’ director Chris Paine on the state of EVs
After the Nissan LEAF became the world’s first mass-market electric car in 2010, it took the United States a decade before one million electric vehicle (EV) sales were made nationwide. It took the country just two more subsequent years to repeat that total, and now in 2023, the U.S. is projected to reach one million… -
Here’s how much Americans will spend on Halloween costumes, candy and more
Celebrating Halloween this year is big business. Americans are expected to spend a record $12.2 billion to prepare for trick-or-treaters, according to the National Retail Federation. Here are the numbers behind the Halloween season in this week’s Five For Friday. #5: Spooky Spending More Americans than ever — nearly 3 out of 4 — will… -
Rising interest rates, car prices trigger peak in US auto loan delinquencies
Americans are falling behind on their car payments at a rate not seen in about 30 years. The National Automobile Dealers Association has warned that a combination of recent “surging interest rates” and “higher vehicle prices” will continue to “put further pressure on vehicle affordability” going forward, hampering the ability of consumers to purchase a… -
Deep sea mining could boost clean energy tech; environment, China concerns loom
Deep sea mining is poised to boost worldwide production of clean energy technology, but the potential harm it could do to the ocean environment in the process has still yet to be determined. Small rocks known as polymetallic nodules cover vast areas of the ocean floor, and their contents could be worth trillions of dollars,… -
5 reasons why it’s the worst year for housing in decades
Buying a home can be an ordeal, and the housing market is especially rough right now. Just what factors are causing the biggest headaches? Here are five reasons 2023 has been the worst year for housing in decades in this week’s Five For Friday. #5: Rent If you have to put off buying your dream… -
ERCOT’s ‘Ring of Fire’ warning: Coming eclipse will impact Texas power grid
The moon will partially obscure the sun this Saturday, Oct. 14, creating a rare ring of light for those in its path from Oregon to Texas. While the annular eclipse is sure to be a spectacle, it will also have an unwanted effect on the already-strained Texas power grid. Throughout the summer, the Electric Reliability… -
Tech guru Hillel Fuld talks about Hamas terrorist attacks in Israel
Saturday, Oct. 7, was the single deadliest day for the Jewish people since World War II. More than 700 people in Israel are dead: Jews, Arabs, Europeans, Americans and others. In a nation as small as Israel, there can’t be an attack like this without every resident being personally impacted in some way. Hillel Fuld… -
UAW strike tops $5.5 billion in economic losses, setting new record
Update on Monday at 12:55 p.m. Eastern: The ongoing United Auto Workers strike has set a current-century record for losses due to an auto industry strike. Anderson Economic Group announced Monday that through Oct. 5, total economic losses from the strike exceeded $5.5 billion. The previous record loss was $4 billion from the 2019 UAW… -
Tesla, Ford, other autos struggling to build, price EV trucks
In 2022, three out of the top five best-selling vehicles in the United States were trucks. With the White House’s efforts to electrify the nation’s automotive fleet well underway, automakers are looking to capitalize on the transition while catering to the wants of American consumers. But many have struggled with manufacturing and selling electric vehicle… -
Whale strandings fuel controversy: Are offshore wind farms to blame?
Whales have been washing up lifeless in a startling and now-common sight along the Eastern Seaboard, a cause for concern for local communities. Various residents and conservationists are pointing fingers at offshore wind farm surveys conducted as a precursor to building wind energy facilities in the Atlantic Ocean. “It’s very moving in a bad way… -
Meet Orion, the next-generation vessel that’s key to the US offshore wind push
As the United States aims to embrace the next generation of renewable energy, advanced technology takes center stage in propelling ambitious projects forward. Orion, a new vessel originating from Belgium that was christened last year, has been dispatched to the U.S. shores with the task of constructing a wind farm situated 35 miles off the… -
Offshore wind industry poised to alter US energy and ocean landscape
In the vast landscapes of the Midwest and Great Plains, wind energy has found a pathway for development. However, a new frontier for renewable energy is emerging on the horizon in the form of offshore wind turbines in the United States. The Biden administration has set an ambitious target to deploy up to 30 gigawatts… -
Janet Yellen in China as countries clash over trade, chips and espionage
Treasury Secretary Janet Yellen is on her first visit to China since taking the post in 2021. The trip comes as the world’s two largest economies remain at odds. Here are five ways tensions between the United States and China are affecting business in this week’s Five For Friday. #5: Executive visits Talks of decoupling…