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The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
NEW YORK (AP) — The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Dec 19, 2024 2:37 AM
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AP News in Brief at 12:04 a.m. EST
Wisconsin school shooter had 2 guns and got messages from man accused of plotting his own attack MADISON, Wis.
Dec 18, 2024 10:04 PM
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AP News in Brief at 11:04 p.m. EST
Wisconsin school shooter had 2 guns and got messages from man accused of plotting his own attack MADISON, Wis.
Dec 18, 2024 9:04 PM
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US retreats from massive air bag recall and says industry comments show need for more investigation
DETROIT (AP) — U.S. auto safety regulators have backed away from seeking a giant recall of nearly 50 million air bag inflators and will investigate further after the auto industry raised questions about whether all of the inflators are defective.
Dec 18, 2024 5:53 PM
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China's getting a big electric car battery swapping boost in 2025. Would that work across the globe?
Detroit (AP) — China will soon see a massive expansion of electric vehicle battery swapping, as global battery maker CATL said Wednesday it is investing heavily in stations there next year.
Dec 18, 2024 3:28 PM
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US retreats from massive air bag recall and says industry comments show need for more investigation
DETROIT (AP) — U.S. auto safety regulators have backed away from seeking a giant recall of nearly 50 million air bag inflators and will investigate further after the auto industry raised questions about whether all of the inflators are defective.
Dec 18, 2024 1:17 PM
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EPA grants California authority to ban sales of new gas cars by 2035. Action faces reversal by Trump
WASHINGTON (AP) — The Environmental Protection Agency on Wednesday granted two requests from California to enforce strict standards for vehicle emissions, including a rule aimed at banning sales of new gasoline-powered cars in the state by 2035.
Dec 18, 2024 12:42 PM
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The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
NEW YORK (AP) — The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Dec 18, 2024 12:23 PM
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What a merger between Nissan and Honda could mean for the automakers and the industry
BANGKOK (AP) — Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger.
Dec 18, 2024 9:40 AM
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China's CATL is planning a major expansion of battery swapping for electric vehicles
XIAMEN, China (AP) — The world's largest maker of batteries for electric vehicles said Wednesday it will get into battery swapping in China in a big way starting next year.
Dec 18, 2024 8:59 AM
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