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Wednesday, August 4, 2021
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Economy

Economy

Biden proposes change in “Buy American” rules to increase US-made product content

Jason Unrau - 0
The Biden Administration wants more taxpayer spending to go toward American-made products and has issued a proposed rule change to that end. If it’s passed, it will require any government spending to include at least 60% US-made components immediately. The proposal also stipulates future increases to that threshold: 65% by 2024 and 75% by 2029. […]
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Economy

How could a new infrastructure bill impact EV stocks?

Kimberly Hurley - 0
President Biden has plans to unveil a $2.5 trillion infrastructure proposal this week, which would be one of the largest infrastructure ventures the US...
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Economy

Jonathan Smoke, Chief Economist at Cox Automotive breaks down the latest Dealer Sentiment Index

CBT News - 0
Recently, Cox Automotive published its quarterly Cox Automotive Dealer Sentiment Index for Q2. The index measures dealer sales expectations and how they perceive current...
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Economy

Amazon leads the way with commitment to 14 more renewable energy projects

Jason Unrau - 0
Amazon has announced 14 new projects using renewable energy to offset and/or reduce their emissions.  The projects are spread across locations in the US,...
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Economy

Fuel shortage on east coast spurs Americans to consider EVs

Jason Unrau - 0
After the Colonial Pipeline was the subject of a ransomware cyberattack by cybercriminal organization DarkSide. While the event was resolved with a multi-million-dollar payment from...
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Economy

New batch of stimulus checks issued to 1.8M recipients, and they could be car buyers

Jason Unrau - 0
As part of the American Rescue Plan Act, stimulus checks are being issued to eligible recipients by the Treasury Department and Bureau of the...
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Economy

Memorial Day road trip predictions show return to pre-pandemic travel in US

Jason Unrau - 0
It’s estimated that Americans will be driving this Memorial Day weekend at higher rates than even before the pandemic began. Arrivalist is predicting that...
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Economy

Americans are optimistic about travel plans as traffic volumes return to normal

Jason Unrau - 0
In most jurisdictions, the number of cars on the road today looks very close to how it appeared prior to March 2020. According to...
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