Business

GM letting some EV owners sell electricity back to the US power grid

General Motors on Tuesday announced it’s releasing a software update that allows some electric vehicle (EV) owners to send power back to the electric grid. The update allows owners of GM’s vehicle-to-home energy system, which allows the EV to power the home during a blackout, the expanded capability of sending…

GSA sells Old Post Office Building in Washington, once home to Trump hotel

The General Services Administration (GSA) on Wednesday announced the sale of the Old Post Office Building located at 1100 Pennsylvania Avenue in Washington, D.C. The building was previously the Trump International Hotel from 2016 to 2022 until the Trump family firm sold the leasing rights for $375 million. The hotel…

LARRY KUDLOW: Trump’s secret oil stash could steady Fed interest rates

So lo and behold, Project Freedom to reopen the Strait of Hormuz has been operating surreptitiously after all this past month. According to President Trump’s disclosure today, our military has secretly helped more than 200 commercial ships with more than 100 million barrels of oil through the Strait. This was…

ETF assets are surging. Here’s how they differ from mutual funds

Investors have a growing list of exchange-traded funds (ETFs) and mutual funds that they can choose from as they consider ways to structure their investment portfolios, though there are important differences between the two types of funds. ETFs have grown rapidly as an investment category in recent years since they…

Honda recalls more than 880,000 vehicles over rear suspension failure risk

Honda is recalling more than 880,000 SUVs and pickup trucks in the U.S. because a key rear suspension part can rust and fail, increasing the risk of a crash. The recall covers 880,514 vehicles, including certain 2016-2022 Honda Pilot, 2017-2023 Honda Ridgeline, 2019-2023 Honda Passport and 2014-2020 Acura MDX models,…

California city votes to permanently ban data centers in first-of-its-kind measure

Voters in a Southern California city overwhelmingly approved a ballot measure that permanently prohibits data centers within city limits, underscoring growing local resistance to the infrastructure powering the artificial intelligence boom. Monterey Park voters approved Measure NDC by a margin of 10,321 votes to 1,362 votes, or 88.34%, according to…