Slate EV Truck’s Final Price Revealed at $26,400 Including Destination Fee
Slate has confirmed a destination fee of $1,450 for its electric pickup, raising the total price to $26,400 and sparking debate over its cost competitiveness.
Latest news
Energy & Climate
Defense & Security
US Reinstates Blockade on Iranian Ports to Pressure Tehran Amid Strait of Hormuz Tensions
The US will reimpose a blockade on all Iranian ports, aiming to cripple Tehran’s economy in response to attacks in the Strait of Hormuz and stalled nuclear talks.
Crypto & Fintech
CleanSpark Secures $6.6 Billion Data Center Lease to Expand Beyond Bitcoin Mining
CleanSpark signed a 20-year lease for a major data center project, signaling its shift from bitcoin mining to high-performance computing for large-scale AI and cloud clients.
Crypto & Fintech
China Proposes Tougher Legal Standards for Crypto Money Laundering Cases
China’s top prosecutors recommend treating cryptocurrency mixers and privacy coins as evidence of laundering intent, shifting proof burdens and adopting blockchain data in court.
Markets & Macro
Fed Chair Warsh Affirms Commitment to Central Bank Independence Amid Trump Pressure
In his first congressional hearing, Federal Reserve Chair Kevin Warsh pledged to uphold the Fed’s independence despite President Trump’s attempts to influence monetary policy and leadership.
Corporate Power
Wells Fargo Boosts Wealth Unit Productivity with New AI-Driven Advisor Platform
Wells Fargo’s Wealth & Investment Management launched a new AI-powered suite to enhance financial advisors’ productivity, supporting client service and growth amid strong economic conditions.
Energy & Climate
Walmart Surges to Second Place in US EV Fast-Charger Installations in Q2
Walmart rapidly expanded its electric vehicle fast-charging network in the second quarter, adding hundreds of new ports and ranking just behind Tesla nationwide.
AI & Tech Regulation
RBI calls on banks to adopt AI and bolster cybersecurity measures
The Reserve Bank of India urged public and private banks to integrate artificial intelligence, enhance cybersecurity, and prioritize customer-centric operations during its latest engagement with banking leaders.
Defense & Security
U.S. Scientist Detained in China Faces Secret Trial as Diplomatic Efforts Continue
Youlin Chen, a Chinese-born American scientist held in Beijing on espionage charges, remains detained amid opaque legal proceedings as the U.S. seeks his release.
Markets & Macro
U.S. Inflation Drops to 3.5% Driven by Sharp Decline in Gas Prices
U.S. inflation slowed to 3.5 percent in June as gasoline prices fell nearly 10 percent, providing temporary relief amid lingering uncertainties in energy markets.