Exclusive: Car prices are surging. Elizabeth Warren blames corporate greed
CNN
New car prices are skyrocketing at the fastest pace on record. And Senator Elizabeth Warren says a lack of competition in the semiconductor industry is at least partially to blame.
The world is in the midst of an epic computer chip shortage, one largely driven by Covid outbreaks and skyrocketing demand.
The chip shortage has forced Ford (F), General Motors and other auto companies to slash their production. Car dealerships don't have enough new vehicles to meet demand, setting off a wave of new and used car sticker shock.
President-elect Donald Trump on Friday named former NFL player and White House official Scott Turner to lead the Department of Housing and Urban Development.
President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.
Venezuelan authorities are investigating opposition leader Maria Corina Machado for alleged treason after she expressed support for a US bipartisan bill that seeks to block Washington from doing business with any entity that has commercial ties with the government of Venezuela’s President Nicolas Maduro.
President-elect Donald Trump has selected Russell Vought as his pick to lead the Office of Management and Budget, he said in a Truth Social post.
President-elect Donald Trump on Friday announced Republican Rep. Lori Chavez-DeRemer of Oregon as his pick to serve as the next secretary of the Department of Labor.
Tulsi Gabbard, Donald Trump’s pick to lead the intelligence community, was briefly placed on a Transportation Security Administration list that prompts additional security screening before flights after her overseas travel patterns and foreign connections triggered a government algorithm earlier this year, three sources familiar with the matter told CNN.
The Supreme Court agreed Friday to wade into a fight over Congress’ ability to delegate power to federal agencies — opening the next chapter in a decadeslong effort by conservatives and business interests to reduce the power of the federal government.
At least three professional sports leagues warned their teams this week that organized and skilled groups are targeting the homes of athletes for break-ins, including while the players are away at games. The warnings came after reports of burglaries at the homes of players in the NBA and the NFL.
The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military.
A Norwegian man working as a security guard for the US Embassy in Oslo was arrested this week on allegations of spying for Russia and Iran.
Gorilla at Calgary Zoo died after worker mistakenly activated wrong door, zoo officials say