costs

Insurance costs 20% more for China's massive new EVs than gasoline vehicles

Insurance costs 20% more for China’s massive new EVs than gasoline vehicles

In China, new-energy vehicles typically receive green license plates—it’s usually easier for residents to apply for them than the blue license plates of traditional gasoline-powered vehicles. Video | Visual China Group | Getty Images BEIJING — While Chinese companies churned out new electric vehicles, local insurers consider them more expensive to insure. Overall, premiums for …

Insurance costs 20% more for China’s massive new EVs than gasoline vehicles Read More »

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Shares of Ford Motor Co fell more than 4 percent in an extended session on Monday after the automaker said inflation and parts shortages would lead to more vehicles than expected in its backlog, reminding Wall Street that the automaker’s supply chain hurdles are far from over. Ford F, +1.43% The company said it expects …

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished Read More »

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished

Shares of Ford Motor Co fell more than 4 percent in an extended session on Monday after the automaker said inflation and parts shortages would lead to more vehicles than expected in its backlog, reminding Wall Street that the automaker’s supply chain hurdles are far from over. Ford F, +1.43% The company said it expects …

Ford shares fell more than 4% as supply costs increased by $1 billion as parts shortage leaves more cars unfinished Read More »

New Hampshire energy leaders express concern over high energy costs as winter approaches

New Hampshire energy leaders express concern over high energy costs as winter approaches

Energy leaders from across New Hampshire gathered Monday for an energy summit amid growing concerns about rising energy prices as the weather gets colder. Experts at the 10th New Hampshire Energy Summit predict an expensive winter in the Granite State, but they say it all depends on how cold it actually gets. “It’s the most …

New Hampshire energy leaders express concern over high energy costs as winter approaches Read More »

Overwatch 2 Battle Pass Details: What's Included, Costs, and Everything You Need to Know

Overwatch 2 Battle Pass Details: What’s Included, Costs, and Everything You Need to Know

Overwatch 2 marks a major change for the series with its Battle Pass mode as its centerpiece, billed as a move that “delivers more content to the game on a more regular basis while helping more players experience the Overwatch world than ever before.” a way. While the original Overwatch offered free updates to players …

Overwatch 2 Battle Pass Details: What’s Included, Costs, and Everything You Need to Know Read More »

Kouri's Pub has an expansive open-air beer garden, allowing customers to relax in the shade while enjoying the outdoor weather.

Peoria restaurateurs face staffing shortages and rising costs

Finding enough staff has been a struggle for Dan Kouri, co-owner of Lariat Steakhouse, Kouri’s Grill & Bar and Sonic restaurants. Lariat has 70 percent of its employees operating, he said. “That’s really what everyone is saying, the labor market in Peoria is very tight,” said Curry, who is also president of the Heart of …

Peoria restaurateurs face staffing shortages and rising costs Read More »

Former Trump energy secretary says EU effort to rein in energy costs is like a Ponzi scheme

Former Trump energy secretary says EU effort to rein in energy costs is like a Ponzi scheme

Some of the steps European governments are taking to reduce electricity costs can be described as “Ponzi schemes,” said Dan Brouillette, who was energy secretary in the Trump administration. “One of the easiest policy levers, if you want to, is that you can pass a bill, appropriate funding and provide funds to citizens to pay …

Former Trump energy secretary says EU effort to rein in energy costs is like a Ponzi scheme Read More »

Bank of America's New Home Loan Program Allows Borrowers to Buy Homes in Select Cities with a 0% Down Payment and No Transaction Costs

Bank of America’s New Home Loan Program Allows Borrowers to Buy Homes in Select Cities with a 0% Down Payment and No Transaction Costs

Select’s editorial team independently reviews financial products and writes articles we think readers will find useful. We get commissions on many offers from our affiliate partners, but not all offers on Select come from affiliate partners. Bank of America is launching a new mortgage product that will allow first-time homebuyers to buy a home with …

Bank of America’s New Home Loan Program Allows Borrowers to Buy Homes in Select Cities with a 0% Down Payment and No Transaction Costs Read More »

Bed Bath & Beyond to close 150 stores and lay off 20% of staff to cut costs

Bed Bath & Beyond to close 150 stores and lay off 20% of staff to cut costs

While Bed Bath & Beyond got a boost early in the pandemic, when many people were spending more time at home, the gains didn’t last long and revenue continued to decline. Michael M. Santiago/Getty Images hide caption toggle title Michael M. Santiago/Getty Images While Bed Bath & Beyond got a boost early in the pandemic, …

Bed Bath & Beyond to close 150 stores and lay off 20% of staff to cut costs Read More »

Germany's borrowing costs set for biggest monthly rise since early 1980s

Germany’s borrowing costs set for biggest monthly rise since early 1980s

German government bond yields climbed at their fastest pace in decades in August, reflecting red-hot inflation data and rising interest rates. Yields on two-year government bonds issued by Europe’s largest economy have surged 85 basis points this month. That would be the biggest monthly gain since 1981, according to Refinitiv data. Meanwhile, the 10-year benchmark …

Germany’s borrowing costs set for biggest monthly rise since early 1980s Read More »