More from Mohammed Ali
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Nearly 2/3 of Americans say they won’t buy new iPhone because of inflation
Apple revealed its new iPhone on Monday, Sept. 9, fit with artificial intelligence and cameras that just keep getting better. The iPhone 16 even has a camera control button on the edge. Sales start this month, but how many Americans will be racing to get the latest gadget? Sixty-three percent of Americans said they would… -
New report warns the US faces a maternal health care crisis
The U.S. is facing a maternal health care crisis. According to a new report by the March of Dimes, 1 in every 3 U.S. counties does not have a single obstetric clinician. The March of Dimes is a nonprofit that focuses on improving the health of mothers and babies. To make matters worse, it said… -
Biden unveils largest rural energy spend since 1936, but experts have concerns
The White House announced what it describes as the largest investment in rural electrification since the 1930s. President Joe Biden unveiled plans to provide more than $7.3 billion in financing to rural electric cooperatives across 23 states. These funds will support the generation of clean energy for approximately 5 million people, benefiting 20% of the… -
UK approves 9 new offshore wind farms in record day for British clean energy
The United Kingdom is set to become home to some of Europe’s largest offshore wind farms, with contracts now secured to build the continent’s largest and second-largest projects. In total, nine offshore developments have been approved this month, marking a sharp increase from the same period last year when no energy companies were willing to… -
Harris shifts fracking stance amid White House bid: ‘My values have not changed’
Democratic presidential nominee Kamala Harris recently clarified her position on fracking. Her position shifted since the onset of her last White House bid. “As vice president, I did not ban fracking,” Harris said during an interview with CNN. “As president, I will not ban fracking.” This stance marks a notable shift from her earlier position… -
Access denied: Less than 1 in 4 infertile couples in US can access IVF
On the campaign trail this week, former President Donald Trump pledged to make in-vitro fertilization free if elected in November. Trump spoke about his plan during a rally. “I’ve been looking at it and what we’re going to do is, for people that are using IVF – which is fertilization – the government is going… -
Dying with medical assistance is latest form of ‘health tourism’: Report
Living with a terminal illness can be miserable both mentally and physically, even with advances in modern medicine and technology. That is why many who face the end of their natural lives look to do so on their own terms. However, in the U.S. that is rarely an option. A new report from KFF, formerly… -
US government invests billions to boost domestic semiconductor production
The U.S. government is making significant investments to increase domestic semiconductor production, a critical component in nearly all modern electronics. This push comes as part of a broader effort to reduce reliance on foreign manufacturing and regain a competitive edge in this industry. In 1990, the United States accounted for over a third of the… -
Study finds some EVs are dropping in value by up to 50% annually
Electric vehicles (EVs) are losing value at a faster rate than their gas-powered counterparts, according to a recent investigation by the magazine “Wired.” While all vehicles depreciate over time, certain EV models are experiencing particularly sharp declines, with some losing hundreds of dollars in value every day. For most gas-powered cars, the average annual depreciation… -
Starbucks snags Chipotle’s CEO, giving stock much-needed caffeine boost
Starbucks’ stock shot up more than 22% on Tuesday, Aug. 13, when the company announced it is swapping out CEOs. Laxman Narasimhan is out effective immediately, while the coffee giant poached Chipotle CEO Brian Niccol to turn things around like he did for the burrito business. Niccol has been CEO of Chipotle since 2018. He will… -
California launches electric trains as US lags behind world in rail electrification
Around two decades after the concept was first proposed, California is launching two new all-electric commuter trains on its state-owned Caltrain rail line. The move comes as other nations have made significant strides in electrifying their railroads, while the U.S. is largely lagging behind. “This is many, many years in the making,” San Francisco Mayor… -
How falling mortgage rates could impact housing affordability this year
Mortgage rates hit the lowest level in more than a year, which is a little like putting the cart before the horse, but lenders know the horse is coming. That horse is the Federal Reserve cutting interest rates, which experts believe will happen in September. What will all of this mean for housing affordability? Watch the… -
Why the Sahm Rule creator says the recession rule is wrong this time
Recession fears have dominated headlines since Friday’s jobs report, where the rising unemployment rate triggered a recession indicator known as the Sahm Rule. The rule has an incredible track record of signaling the start of a recession, yet this time is an outlier, according to the rule’s creator. The Sahm Rule states a recession in the…