Huge change for California’s car culture – no more gas?

Published

2 years ago

August 25, 2022

California is moving closer to banning the sale of new cars only running on gasoline by the middle of next decade

The state’s Air Resources Board is expected to make the announcement this week, and comes as the Governor moves to clean up the state’s auto fleet.

It’s a major step in the car-loving state’s fight against climate change.

The proposed regulation will set strict deadlines for meeting that goal, forcing automakers to step up production of cleaner vehicles, starting in four years from now.

The state’s move doesn’t ban the sale of any used vehicles. And owners of old-fashioned gas guzzlers will still be able to drive California’s roadways.

But thanks to its extensive highway network, California has huge sway over the entire auto industry.

ASX positioned for strong start after positive stock rebound

Published

9 hours ago

September 10, 2024

ticker NEWS

The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

1 day ago

September 9, 2024

ticker NEWS

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

1 day ago

September 9, 2024

ticker NEWS

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending