On Monday, the U.S. Department of Commerce proposed a new national security measure that would ban software originating from China in internet-connected vehicles across the United States. This rule, if implemented, would target vehicles capable of collecting data from drivers, passengers, and U.S. infrastructure. The proposal aims to prohibit the import and sale of systems designed, developed, manufactured, or supplied by “entities” with close ties to China or Russia. This would include banning connectivity features like Bluetooth, cellular, satellite, and Wi-Fi in vehicles from these countries. If the rule is adopted, it would take effect starting with model year 2027…
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An electric RV that lacks the range to get you beyond your current ZIP code is about as useful as an umbrella full of holes—there’s not much point. However, with the automotive industry’s growing focus on electrification, RV manufacturers are seeking ways to join the movement. Thor Industries, the parent company of Airstream, is stepping into the game with a new plug-in hybrid motorhome that promises to take you far beyond your immediate surroundings. The Thor Test Vehicle (a rather straightforward name) is the result of a collaboration between Thor and EV manufacturer Harbinger. Described as the world’s first hybrid…
Image source: Getty Images The FTSE 100 is crammed with great value UK dividend stocks paying high rates of passive income, but why stop there? Smaller companies can also offer stunning yields and some are mega-cheap, including this hidden FTSE 250 gem. OSB Group (LSE: OSB) caught my eye a few weeks ago. I would have bought it there and then, but I’m fully invested and didn’t have cash to spare. I’m not giving up on it, though. OSB is a specialist mortgage lender that funds buy-to-let, self-employed, adverse credit, and commercial mortgages using retail deposits from its savings franchises…
The 2025 Ram 1500 received a significant refresh, showcasing sleeker front-end styling and, more importantly, a new powertrain. The familiar Hemi V-8 has been replaced by a twin-turbocharged inline-six engine, available in two versions, producing either 420 or 540 horsepower. Now, Ram has announced updates for its 2025 heavy-duty (HD) lineup, offering a first look through a series of images. As with the half-ton models, the updated Ram HD maintains its rugged, handsome appearance but with a more streamlined and modern front end. The bulky headlights of the outgoing model have been redesigned into two thinner elements integrated into the…
(Reuters) -Southeastern U.S. states started a massive cleanup and recovery effort on Sunday after winds, rain and storm surges from Hurricane Helene snuffed out power for millions, destroyed roads and bridges and caused catastrophic flooding from Florida to Virginia. The storm caused at least 60 deaths, according to state and local officials in South Carolina, Florida, Georgia, North Carolina and Virginia. Officials feared still more bodies would be discovered across several states. Damage estimates ranged from $15 billion to more than $100 billion, insurers and forecasters said over the weekend. Property damage and lost economic output will become more clear…
It’s understandable if the Chrysler Voyager minivan has slipped from memory. Launched in 2020, it was positioned as a more budget-friendly alternative to the Chrysler Pacifica, taking over the base L and LX trims of the latter. The Voyager also kept the older design before the Pacifica received its facelift in 2021. By 2022, the Voyager became exclusively available to fleet buyers. However, Chrysler has now confirmed that the Voyager will return to the retail market for 2025, with a starting price of $41,690. Priced $2,455 lower than the most affordable 2025 Pacifica Select, the Voyager comes with a respectable…
US Secretary of Defense Lloyd Austin speaks during a press briefing at the Pentagon in Washington, DC, on July 25, 2024. Saul Loeb | AFP | Getty ImagesThe U.S. military said on Sunday it was increasing its air support capabilities in the Middle East and putting troops on a heightened readiness to deploy to the region as it warned Iran against expanding the ongoing conflict.The announcement came two days after President Joe Biden directed the Pentagon to adjust U.S. force posture in the Middle East amid intensifying concern that Israel’s killing of the leader of Iran-backed Hezbollah could prompt Tehran to…
(Bloomberg) — In 2002, the metals industry was jolted into uproar, after a US warehouse owner announced it would start charging a fee to safely buckle up each cargo being trucked from its depots in the London Metal Exchange’s storage network.Most Read from BloombergOvernight, traders trying to access metal backing the LME’s futures contracts were hit with tens of thousands of dollars in extra costs for work that took a matter of minutes. If any refused to pay, their metal stayed put, meaning the warehouse could keep charging rent. After furious complaints, Metro International Trade Services was reprimanded by the…
If you focus only on returns and covariances over a one-year investment horizon, you may conclude that commodities have no place in an investment portfolio. The efficiency of commodities improves dramatically over longer investment horizons, however, especially when using expected returns and maintaining historical serial dependencies. We’ll demonstrate how allocations to commodities can change across investment horizon, especially when considering inflation. Our analysis suggests that investment professionals may need to take a more nuanced view of certain investments, especially real assets like commodities, when building portfolios. This is the third in a series of posts about our CFA Institute Research…
Nissan is on a mission to ease our collective frustration by tackling the problem of left-lane hogging, one car at a time. We’ve all experienced the impatience that builds up when a slower vehicle lingers in the left lane. Fortunately, Nissan’s new ProPilot 2.1 driver-assistance technology aims to curb this issue by gently encouraging drivers to move back to the right lane after overtaking. This feature is part of the Lane Change Assist system integrated into the latest ProPilot hands-free setup, which functions on certain compatible single-lane highways. When a driver manually completes an overtaking maneuver with the system engaged,…