It’s 60% cheaper to rent a home than buy in top 50 US metros: study
A recent study found that as of February, there was a shockingly large difference in the odds of renting a home versus buying one in all of the top 50 metropolitan areas in the United States. For so-called “starter homes” in these popular cities (which some argue don’t exist anymore due to exorbitant borrowing rates […]
EVs will be cheaper to produce than gas-powered cars within 3 years, market research firm says
Battery electric vehicles (BEVs) will be cheaper on average to produce than gasoline-powered cars by 2027, according to market research firm Gartner. Gartner predicted in its report: Published on ThursdayProduction costs are expected to fall much faster than battery costs, which account for about 30-40 percent of an EV’s purchase price. According to the Environmental […]
Tesla rival Rivian halts Georgia plant, launches cheaper SUV
Rivian Automotive announced Thursday that it is canceling plans for a $5 billion factory that has yet to be built in Georgia. On the same day, the company launched a budget electric car designed to rival Elon Musk’s Tesla. Production of the next R2 model, an electric midsize SUV that can spin to 60 mph […]
Panera Bread to launch cheaper sandwiches, abandon dinner in ‘largest menu transformation ever’
Panera Bread plans to expand its salad and sandwich options in its “biggest menu transformation ever,” including many items under $10, as it moves away from its dinner menu, the company announced Thursday. The popular chain, which recently won an exemption from California’s new $20 an hour minimum wage law, has added nine new menu […]
Will Super Bowl tickets get cheaper?
(NEXSTAR) – With two days left until Super Bowl 15 between the 49ers and the Chiefs, some fans are holding out hope for last-minute ticket deals. But heading into the weekend, prices for the cheapest seats were still much closer to five digits than three. As of this writing Friday, prices for “bargain” tickets for […]
Make used electric cars cheaper and tackle battery fears, peers tell ministers | Electric, hybrid and low-emission cars
A House of Lords committee said ministers needed to intervene to boost the used electric vehicle market and ease “uncertainty and concern” about battery health. Members of the Environment and Climate Change Committee called on the government to step up efforts to encourage the adoption of electric vehicles, amid consumer concerns about car prices, battery […]