With hundreds of billions of dollars in new federal infrastructure spending under the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act, companies are eager to cash in. And states are scrambling for their piece of the pie. “We have funding that goes to projects that come from every state, city,
Not since the New Deal has the U.S. government poured this kind of money into rebuilding America’s infrastructure. Companies and states are clamoring for their piece of that federal jackpot. That helps explain why infrastructure is the major topic of conversation in economic development circles this year, and why it also looms large in CNBC’s
A coach design team built a Mercedes 300SL that is more Tesla Model 3 than anything else – at least underneath the body. Tesla powertrains are popular in retro-builds, where people convert old cars to electric powertrains. Many early salvaged Tesla Model S vehicles were used for that very purpose. Now, we are starting to
An oil pumpjack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images News | Getty Images Crude oil futures rose Thursday as inflation eased, bolstering hopes that the Federal Reserve will cut interest rates later this year. Inflation as measured by the consumer price index dropped 0.1%
David Paul Morris/Bloomberg via Getty Images Inflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief for consumers’ wallets. The consumer price index, a key inflation gauge, rose 3% in June from a year ago, down from 3.3% in May, the U.S. Labor Department reported Thursday. The
Police have released an image of a suspect still on the loose after human remains were found in two suitcases left by Clifton Suspension Bridge. In a press conference, detectives from Avon and Somerset Police said the suspect was taken to the bridge by a taxi, and that the taxi driver is working with officers
Imagine being Sir Keir Starmer. In less than seven days, he has not only become the most successful politician at the ballot box since Tony Blair thanks to his landslide victory, but then jetted off to Washington for a huge international summit and his first audience with the US president in the Oval Office. Politics
England fans hoping to see the Euro 2024 final in Berlin against Spain are facing steep price hikes, with some flights costing three times what they normally would. Hotels and flights take-off The cost of a hotel for Sunday night is showing as double the usual price and a one-way flight on Sunday morning costs
Everyone seems to know the score, they’ve seen it all before… Or have we? Now England have got through the group stage, it’s time for the nation to start getting its hopes up way too early – yes, there are still a few hurdles to overcome before the Euro 2024 final, but no matter –
A news website in Wales has claimed the minister sacked over allegedly a leaking text from the first minister was not the source for their story. Nation Cymru posted an article in May claiming that in 2020 then-health secretary Vaughan Gething had told a ministerial chat he would delete all their messages so they could
Jul 11, 2024, 05:41 AM Open Extended Reactions England coach Steve Borthwick has made one injury-enforced change to his team for the second and final Test of the series against New Zealand at Eden Park in Auckland on Saturday. Prop Fin Baxter made his Test debut in last week’s 16-15 loss to the All Blacks
The waiting list for routine hospital treatment in England has risen for a second consecutive month, latest figures show – as the new health secretary announced an investigation into the state of the NHS. An estimated 7.6 million treatments were waiting to be carried out at the end of May, relating to 6.38 million patients.
A total of 1.6 million children are now affected by the two-child benefit cap as the Labour government faces pressure to lift it. The Conservative government introduced the cap, which prevents parents from claiming child tax credit or Universal Credit for more than two children for those born after April 2017. Politics live: Streeting orders
The European Union flag displayed on a mobile phone screen in front of the Apple logo on July 2, 2024. Anadolu | Anadolu | Getty Images LONDON — EU antitrust regulators on Thursday accepted commitments from Apple to allow access to its tap and go payments technology to rivals, bringing an end to a four-year
After topping Hyundai in European sales last year, Kia expects a “bumpy trajectory of EV sales” in Europe. A part of this is due to its new EV3, launched in Korea last month for just over $30,000. Once it lands in Europe, Kia expects the low-cost EV3 to boost its market share in the region.
Adam Rittenberg, ESPN Senior WriterJul 10, 2024, 06:48 PM ET Close College football reporter. Joined ESPN.com in 2008. Graduate of Northwestern University. Open Extended Reactions LAS VEGAS — After another offseason of roster change, Colorado expects to improve with less “poison” in its program, safety Shilo Sanders said. Sanders, the son of Buffaloes coach Deion
The special relationship between the US and UK is forged on shared history, common values, and diplomatic ties that are far deeper and enduring that any one president or prime minister. But there was no doubt that President Joe Biden seemed particularly pleased to welcome the new British Prime Minister Keir Starmer to the Oval
TM Roh, head of Samsung’s mobile division, discusses the artificial intelligence featues as part of Galaxy AI at the Galaxy Unpacked event in Paris, France on July 10, 2024. Arjun Kharpal | CNBC PARIS — Samsung will launch an upgraded version of its voice assistant Bixby this year based on its own artificial intelligence models,
Tesla has already found a few buyers in Chinese state-owned companies after official government approval. Earlier this week, we reported that the provincial Jiangsu government approved the Tesla Model Y made in China as a government vehicle, meaning that state–owned companies could purchase it as a business vehicle. This is a big deal because state-owned
Who said the EV market was cooling off? Not for BMW. The luxury automaker is outpacing rivals, including Porsche, Audi, and Mercedes, as electric vehicle sales continue climbing. BMW extended its lead after EV sales surged in Q2. BMW continues outpacing rivals as EV sales surge in Q2 As luxury rivals Mercedes, Porsche, and Audi