UAW strike, EV tax credit, Amazon’s satellite: Top stories

📆 10/6/2023 8:55 PM
📰 YahooFinanceCA

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The United Auto Workers strike against the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA) — will not expand, as union president Shawn Fain announced that GM will put its EV battery plants under the main UAW agreement. Starting next year, electric vehicle buyers will be able to get the EV tax credit under the Inflation Reduction Act off the sticker price at the dealership, instead of waiting to receive the tax returns. Buyers are able to receive $7,500 off for new EVs or $4,000 off for used EVs. Amazon (AMZN) has joined the space race, launching its first satellite. Yahoo Finance's Julie Hyman breaks down some of the top stories of the day. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

) — will not expand, as union president Shawn Fain announced that GM will put its EV battery plants under the main UAW agreement.

Rebecca Loos has broken her social media silence after David Beckham and his wife Victoria addressed the alleged affair for the first time in his new Netflix documentary...Mike Segar/ReutersA federal judge has gifted Donald Trump a step toward getting his classified documents case delayed until after the 2024 presidential election. On Friday, U.S.

America is now paying more in interest on its record $33 trillion debt than on national defense — here's who holds the IOUsI was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever. It Seems Like Travis Kelce's Ex Isn't Happy About Brittany Mahomes' New Friendship With Taylor Swift. Here's Why.

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Why are car buyers preferring Hybrids over EVs?The U.S. auto market is seeing a growing preference for hybrid vehicles over fully electric vehicles. Hybrid sales have doubled since 2020 from Global Data, now outpacing pure EVs in the U.S. While pricier upfront, Idaho National Lab reported hybrids can save consumers money long-term on fuel costs. Yahoo Finance's Rachelle Akuffo and Akiko Fujita examine what's driving the hybrid demand surge. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live
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