More from Heath Cary
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Is your Wi-Fi router a national security risk? US government weighs ban
TP-Link is the bestselling Wi-Fi router internationally and on Amazon. Now, the U.S. government is considering banning these devices over cyberattack risks. According to a Wall Street Journal report, investigators at three agencies, Commerce, Defense and Justice, are looking into these Chinese-made routers. In October, Microsoft said it was tracking “a network of compromised small… -
Study finds dozens of Miami area high-rises are sinking, raising concerns
New research published in the journal Earth and Space Science reveals that dozens of luxury high-rises in Miami are sinking. Researchers said some parts of the city’s metropolitan area are experiencing subsidence, or sinking, in nearly 70% of their buildings. Researchers conducted the study using data collected at the University of Miami between 2016 and… -
Trudeau facing calls to resign after finance minister quits in shocking way
Canada’s finance minister has resigned from Prime Minister Justin Trudeau’s cabinet, lambasting him on her way out. In her resignation letter, Chrystia Freeland made it clear that it was President-elect Donald Trump who drove them apart. Her resignation is sending shockwaves through Trudeau’s own Liberal Party in Canada, where many are questioning how long he can… -
Mark Zuckerberg’s Meta spends $1 million to mend fences with Trump
Mark Zuckerberg’s Meta is using $1 million to mend fences with President-elect Donald Trump. The social media company Trump has called a “true Enemy of the People” donated the sum to his inaugural fund. The company behind Facebook confirmed the donation to multiple outlets. The Wall Street Journal was the first to report it. It’s a… -
Colorado becomes US leader in EV market share, edging out California
New data revealed that Colorado surpassed California in the electric vehicle (EV) market share. During the third quarter of 2024, EVs accounted for 25.3% of new vehicle sales in Colorado, edging out California’s 24.3%. Colorado Gov. Jared Polis credited the achievement to the state’s robust rebate programs. Those programs complement federal EV incentives established under… -
NY Gov. Hochul pitches $500 inflation checks as her popularity suffers
New York Gov. Kathy Hochul, D, wants to send inflation checks to millions of New Yorkers. Under her proposed budget for next year, the state would send $500 checks to families making up to $300,000, while individuals making up to $150,000 would receive $300. “We’re told inflation is getting better,” Hochul said during the policy announcement.… -
Macy’s activist investor may be ‘most truthful’ about retailer’s future
Macy’s is facing off with an activist investor for the fourth time in a decade. Activist investment firm Barington Capital and private equity firm Thor Equities say the company needs to cut spending, expand luxury brands and leverage its real estate portfolio. The investors say the real estate Macy’s sits on is worth as much… -
Sweden’s renewable energy surplus threatens future of wind sector
Sweden, a global leader in renewable energy, faces an oversupply of clean electricity, becoming a problem for its wind power sector. The rapid expansion of wind turbines throughout the Nordic nation over the past two decades has resulted in power production exceeding the capacity of the national grid. Nearly 96% of the country’s electrical demand… -
EVs, hybrids see reliability improvements but trail behind gas models
Electric vehicles (EVs) are making progress in reliability, according to the latest findings from Consumer Reports. However, they still face significant challenges compared to traditional gas-powered cars. The publication’s most recent automotive report card revealed EVs had 40% more reliability issues than gas-powered vehicles, narrowing the gap from last year’s 79% disparity. Plug-in hybrids also… -
DC accuses Amazon of ‘secretly’ excluding zip codes from 2-day delivery
Amazon is accused of “secretly” excluding “historically underserved” areas of Washington, D.C., from high-speed delivery with Prime. The lawsuit brought by Attorney General Brian Schwalb alleges the e-commerce giant kept two zip codes from getting the fastest delivery service promoted with Amazon Prime while still charging those residents the full-price fee. This lawsuit claimed the… -
The retailers vying to win this year’s shortened holiday shopping season
The holiday shopping season officially kicked off on Black Friday, but this year, holiday sales are expected to grow at the slowest pace since 2018. While inflation has significantly slowed, compounded inflation over the years has families thinking twice about big purchases or multiple smaller purchases. The National Retail Federation (NRF) still projects Americans will spend… -
Trump’s proposed tariffs could violate his own trade deal with Canada and Mexico
Experts say President-elect Donald Trump’s vow to put 25% tariffs on Mexico and Canada violates the trade agreement he negotiated during his first term. The U.S.-Mexico-Canada Agreement, or USMCA for short, fulfilled Trump’s 2015 campaign promise to terminate and replace NAFTA, America’s longstanding free-trade agreement with its neighbors. Trump announced in a Truth Social post… -
Biden administration approves $6.6B loan to Rivian, which has billions in debt
The Biden administration has preliminarily approved a $6.6 billion loan to Rivian Automotive, an electric vehicle (EV) manufacturer that currently has billions of dollars in debt. These government funds are intended to aid the company in constructing a new production facility in Georgia, which could bring up to 400,000 vehicles to market and create an…