United States Economy

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A New Law Supercharged Electric Car Manufacturing, but Not Sales

Leave a Comment / Automobile Service and Charging Stations, Automobiles, Batteries, Biden, Joseph R Jr, China, Consumer Behavior, Electric and Hybrid Vehicles, Environment, Factories and Manufacturing, Ford Motor Co, General Motors, Global Warming, Hyundai Motor Co, Kia Motors Corp, Law and Legislation, Manchin, Joe III, Metals and Minerals, Michigan, Personal Finances, Regulation and Deregulation of Industry, Road Trips, Southern States (US), Tax Credits, Deductions and Exemptions, Tesla Motors Inc, United States Economy, United States Politics and Government

A New Law Supercharged Electric Car Manufacturing, but Not SalesPresident Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Jim Tankersley, Ana Swanson, Jack Ewing and Coral Davenport

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U.A.W. Starts Strike Small, but Repercussions Could Prove Far-Reaching

Leave a Comment / Automobiles, Biden, Joseph R Jr, Electric and Hybrid Vehicles, Executive Compensation, Factories and Manufacturing, Fain, Shawn, Ford Motor Co, General Motors, Inflation (Economics), Michigan, Missouri, Ohio, Organized Labor, Shortages, Shutdowns (Institutional), Stellantis NV, Strikes, United Automobile Workers, United States Economy, United States Politics and Government, Wages and Salaries

U.A.W. Starts Strike Small, but Repercussions Could Prove Far-ReachingThe union targeted three factories: one run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Jack Ewing

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Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

Leave a Comment / Artificial Intelligence, Computers and the Internet, Economic Conditions and Trends, Labor and Jobs, McKinsey & Co, Productivity, United States Economy

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study SaysThe report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Yiwen Lu

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Chip Makers Turn Cutthroat in Fight for Share of Federal Money

Leave a Comment / Advanced Micro Devices Inc., Commerce Department, Computer Chips, Computers and the Internet, Factories and Manufacturing, Intel Corporation, Lobbying and Lobbyists, Taiwan Semiconductor Manufacturing Company Ltd, Tax Credits, Deductions and Exemptions, United States Economy

Chip Makers Turn Cutthroat in Fight for Share of Federal MoneySemiconductor companies, which united to get the CHIPS Act approved, have set off a lobbying frenzy as they argue for more cash than their competitors.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Ana Swanson and Don Clark Powered by WPeMatico

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Amazon Reports Almost No Profit and Slowing Growth

Leave a Comment / Amazon.com Inc, Cloud Computing, Company Reports, Delivery Services, E-Commerce, Inflation (Economics), Jassy, Andrew R, Labor and Jobs, United States Economy

Amazon Reports Almost No Profit and Slowing GrowthThe company indicated the reduced growth and tight margins would continue in the first three months of this year.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise Powered by WPeMatico

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Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts

Leave a Comment / Alphabet Inc, Economic Conditions and Trends, Google Inc, Layoffs and Job Reductions, Online Advertising, Pichai, Sundar, United States Economy, Workplace Environment

Google Employees Brace for a Cost-Cutting Drive as Anxiety MountsThe tech giant has so far taken steps to streamline without mass layoffs, but employees are girding for deeper cuts.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Nico Grant Powered by WPeMatico

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Amazon, Lyft and Other Tech Companies Announce Job Cuts and Hiring Freezes

Leave a Comment / Amazon.com Inc, Company Reports, Hiring and Promotion, Labor and Jobs, Layoffs and Job Reductions, Lyft Inc, Musk, Elon, Stripe Inc, Twitter, United States, United States Economy

Amazon, Lyft and Other Tech Companies Announce Job Cuts and Hiring FreezesAmazon said it was pausing corporate hiring, while Lyft and Stripe said they were cutting jobs.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kalley Huang Powered by WPeMatico

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Economists Pin More Blame on Tech for Rising Inequality

Leave a Comment / Acemoglu, Daron, Artificial Intelligence, Computers and the Internet, Income Inequality, Innovation, Labor and Jobs, Productivity, United States Economy

Economists Pin More Blame on Tech for Rising InequalityRecent research underlines the central role that automation has played in widening disparities.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Steve Lohr Powered by WPeMatico

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Cities Try to Lure Factories as U.S. Pushes to Fix Chip Shortage

Leave a Comment / Adler, Steve (1956- ), Area Planning and Renewal, Arizona, Austin (Tex), Chandler (Ariz), Computer Chips, Computers and the Internet, Corporate Taxes, Factories and Manufacturing, Intel Corporation, Labor and Jobs, New York State, Politics and Government, Restoration and Renovation, Samsung Group, Semiconductor Industry Assn, Taiwan Semiconductor Manufacturing Company Ltd, Tax Credits, Deductions and Exemptions, Texas, Travis County (Tex), United States Economy, Williamson County (Tex)

Cities Try to Lure Factories as U.S. Pushes to Fix Chip ShortageMany local governments see a silver lining in the shortage of semiconductor chips that has contributed to a slowdown in the global economy.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David McCabe Powered by WPeMatico

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What Will It Take for Electric Vehicles to Create Jobs, Not Cut Them?

Leave a Comment / Economic Policy Institute, Electric and Hybrid Vehicles, Factories and Manufacturing, Labor and Jobs, Law and Legislation, Organized Labor, Tax Credits, Deductions and Exemptions, United States Economy

What Will It Take for Electric Vehicles to Create Jobs, Not Cut Them?A report by a liberal think tank tries to quantify the potential employment gains and losses, concluding that subsidies will be crucial.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Noam Scheiber Powered by WPeMatico

What Will It Take for Electric Vehicles to Create Jobs, Not Cut Them? Read More »

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