Category Economics

Auto cost of ownership

The cheapest gas car in the US retails for around $15,000, while the lowest-cost electric car will run you roughly double that. An EV maybe be cheaper to own over a long period on a monthly basis.

Tesla and ESG

“In a blog post Wednesday, the S&P explained why it kicked Tesla out of its ESG index earlier this month.It said that Tesla’s “lack of a low-carbon strategy” and “codes of business conduct,” along with racism and poor working conditions…

Russian sanctions

“I’m actually quite confident, but for a silly reason. There is no official pronouncement of what it means to breach sanctions. Nobody ever said anything about whether rubles payments breach sanctions or not, how these payments are organized. So it’s such…

US consumer debt

“Consumer debt and credit rose 1.7% in the first quarter to $15.84 trillion, a new record. The increase, which stemmed largely from housing debt, came amid surging inflation and rising rates. Student loan debt climbed by $14 billion in the…