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U.S. Economy Grew 2.3 Percent in Fourth Quarter
30 January 2025 at 08:56
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
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Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
24 January 2025 at 13:52
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.
Trump and Republicans Cannot Stop Electric Vehicles, Experts Say
11 January 2025 at 05:01
More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.
Tesla Shares Slip After First Annual Sales Decline
2 January 2025 at 16:03
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.
How Trump Could Upend Electric Car Sales
25 November 2024 at 12:56
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Three economists estimate that electric car sales could fall 27 percent if President-elect Donald J. Trump and Congress repeal a federal tax credit.
© Philip Cheung for The New York Times
Payments Are Going Digital, but Many Seniors Still Rely on Cash
7 December 2024 at 05:02
“We’re putting another burden on the elderly that we don’t have to,” one researcher said.
Cashless policies disadvantage a number of groups, including low-income people, the homeless, undocumented immigrants and older adults.
© Bridget Bennett for The New York Times
