To a large extent, the electric vehicle market in the United States runs on Democratic policies. There are federal tax credits for car buyers. Subsidies for battery manufacturing. Cheap loans to build electric car factories. Grants for chargers. Regulations that push automakers to sell more vehicles with no tailpipe emissions. …
The next big fight over offshoring is playing out in Washington, and this time it involves artificial intelligence. The Biden administration, in its final weeks in office, is rushing to issue new regulations to try to ensure that the United States and its close allies have control over how artificial …
Banks are on a winning streak, one that’s poised to intensify as President-elect Donald J. Trump takes office. Biden-appointed regulators at the Federal Reserve and other agencies presided over a relatively fruitless era of bank oversight. They tried to enact stricter rules for the nation’s biggest banks, hoping to create …
The air is laced with cigarette smoke and Cantonese profanities as half a dozen taxi drivers hang out by their fire-engine-red cabs on a quiet corner of the gritty Prince Edward neighborhood of Hong Kong. It is the afternoon handover, when day shift drivers pass their taxis to those working …
