Electric vehicles have been with us since the dawn of automobiles; several early models a century ago were electrically powered. But the technology involved – in power generation, in batteries, in electric drive motors and power trains, in chassis and body design and materials – is coming into its own now. Today’s electric cars share the same styling as gasoline vehicles, can match or exceed legacy vehicles’ performance, and are rapidly gaining in reliability and battery charge… Source link

Stock futures opened slightly higher Wednesday evening as investors mulled the Federal Reserve’s latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further. Contracts on the S&P 500 gained. Earlier, the blue-chip index rose for the first time in five sessions and shook off some of its steep losses from the start of this week. The index is still on track to post a weekly decline of nearly 1%, however, to… Source link

Google today announced a change to its online ads, which will now display new disclosures that allow web searchers to see not just who the advertiser is and why the ad was served to you, but also what other ads the advertiser has run with Google, starting with the most recent. The changes are a part of Google’s broader revamp of its ads business in the face of increased regulatory scrutiny and a broader shift across the tech industry to technologies that promote transparency and… Source link

A U.S. government agency created to counter Chinese infrastructure-fueled influence across the world is ramping up international vaccine distribution efforts, Yahoo Finance has learned. Coming on the heels of the U.S.-hosted COVID-19 summit, the U.S. International Development Finance Corporation (DFC) on Wednesday announced that it would be providing $383 million in financing to help nine countries secure vaccine doses. “The President is leading the world to elevate the world’s ambition to end… Source link

Discord is starting to test YouTube integration, just weeks after Google-owned YouTube forced two popular Discord music bots offline. YouTube integration has started appearing in a small number of Discord servers today as part of what appears to be a new test of a collaboration between Discord and YouTube. The feature is called Watch Together, and as the name implies, it allows Discord members to watch YouTube videos together. A test of a similar Discord feature started 10 months ago… Source link

President Joe Biden very often cites research from Moody’s when he is trying to make a point on the U.S. economy.  He should use the latest from Moody’s Mark Zandi to emphasize any point being made to fellow politicians on both sides of the aisle on the need to get a debt ceiling deal done ASAP.  “Shutting the government down would not be an immediate hit to the economy, but a default would be a catastrophic blow to the nascent economic recovery from the COVID-19 pandemic,” said Zandi, the… Source link

James Martin/CNET Google hopes to give its users more transparency before clicking on or buying… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Facebook (FB), the world’s largest social network with nearly 3 billion daily active users, is once again awash in controversy. But that won’t deter it from continuing to gain users or generating revenue. After a series of articles by The Wall Street Journal revealed Facebook was either… Source link

For many Americans, social security benefits are a major source of income after retirement. In 2021, an average of 65 million Americans will receive monthly social security benefit checks totaling over $1 trillion paid during the year, according to the Social Security Administration. fstop123 / Getty Images See: How Does Social Security Get Calculated?Find: 5 Social Security Benefits You Can Claim Online While the average retiree receives $1,557 per month in benefits, the maximum you can… Source link

If history is any guide, then investors shouldn’t sell all their stocks and move into cash and gold amid fear of another government shutdown.  “History shows that U.S. government shutdowns generally have not meaningfully impacted equity returns,” points out David Kostin, Goldman Sachs chief U.S. equity strategist, in new research. Kostin crunched the numbers, and they support his view.  The S&P 500 posted median returns of -0.1% on the dates of budget authority expiration, 0.1% during the… Source link