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The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you

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.
What a merger between Nissan and Honda could mean for the automakers and the industry

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.
China's CATL is planning a major expansion of battery swapping for electric vehicles

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.
Lion Electric applies to Quebec court for protection from creditors under CCAA

Lion Electric applies to Quebec court for protection from creditors under CCAA

MONTREAL — The Lion Electric Co. has applied to the Superior Court of Quebec for protection from creditors under the Companies' Creditors Arrangement Act.
Barcelona subway recycles energy from braking into power to charge electric cars

Barcelona subway recycles energy from braking into power to charge electric cars

BARCELONA, Spain (AP) — The Barcelona subway grinds to a halt, the doors slide open and commuters pour out to go about their daily business.
Edmunds: These are the best full-size trucks for daily driving and off-roading

Edmunds: These are the best full-size trucks for daily driving and off-roading

Full-size trucks are hugely popular thanks to their ability to get tough jobs done. This characteristic equally applies to those times when paved roads end and off-road hardware becomes essential to getting to your given destination.
Lion Electric defaults on debt, plans to seek creditor protection under CCAA

Lion Electric defaults on debt, plans to seek creditor protection under CCAA

MONTREAL — Seized with a liquidity crisis, the Lion Electric Co. said Tuesday it expects to seek protection from creditors under the Companies' Creditors Arrangement Act.
Quebec adopts rule banning sale of most new gas-powered vehicles by 2035

Quebec adopts rule banning sale of most new gas-powered vehicles by 2035

QUÉBEC — The Quebec government has adopted regulations banning the sale of most new gasoline-powered vehicles as of 2035.
Why is tech giant SoftBank investing over $100 billion in the US?

Why is tech giant SoftBank investing over $100 billion in the US?

BANGKOK (AP) — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years.
Pope in autobiography reveals an apparent bombing plot during his 2021 visit to Iraq

Pope in autobiography reveals an apparent bombing plot during his 2021 visit to Iraq

ROME (AP) — Pope Francis turned 88 on Tuesday and marked the occasion with revelations that he almost didn’t make it.
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