U.S. to Raise Tariffs on $16 Billion of China Goods on Aug. 23

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The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the world’s two biggest economies. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as of Aug. 23, the U.S. […]

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Cars Keep Getting Better. That Makes Disruption Harder.

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On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his colleagues said “improve” or “improvements” 14 times in describing everything from Tesla’s production lines to […]

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Freaked-Out Americans Desperately Seek to Escape the News

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Last week, Jen Wrenn, a children’s literacy advocate in San Diego, attended her first political protest after reading about the Trump administration policy of separating small children from their immigrant parents at the border. She had heard Deadline. “A character like Fred takes us back to how we treat each other.” Last fall, the American Psychological […]

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Electric Buses Are Hurting the Oil Industry

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About 279,000 barrels a day of fuel won’t be needed this year China adds a London-sized electric bus fleet every five weeks Source: Bloomberg New Energy Finance For every 1,000 battery-powered buses on the road, about 500 barrels a day of diesel fuel will be displaced from the market, according to BNEF calculations. This year, […]

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