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Former Transportation Secretary Pete Buttigieg argues that the Trump administration’s rollback of fuel-economy standards will increase driver costs and disadvantage U.S. automakers globally.
UK household energy bills are forecast to rise by 16% in January, adding £276 to typical annual costs at the coldest time of year, marking the largest increase in four years.
Holiday retail sales are projected to exceed $1 trillion for the first time, growing 4.5% year-over-year, though inflation accounts for most gains and consumers increasingly seek discounts and value.
UK household income grew 1.1% in the first half of the year while GDP growth was revised upward to 0.5% in the second quarter, prompting optimism about economic resilience.
Stellantis CEO Antonio Filosa reconfirmed the company’s 2026 financial guidance and turnaround targets as U.S. shares hit an all-time low, down roughly 60% this year.
EDF Energy’s boss says approving new North Sea oil and gas projects poses no contradiction to climate goals, joining renewable energy leaders backing the Rosebank and Jackdaw developments.
