Hope Yen

Associated Press
Latest in Economics
B2B Digital-Assisted Selling at Its Best
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June 18, 2025
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Three Months After His Previous Tariff Push Terrified the World Economy, Trump Bets This Time Is Different
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Key Inflation Gauge Rises as Americans Cut Back on Spending
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Here's how to keep products moving, avoid unnecessary costs, and leverage data to hit every supply chain KPI.
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An electric vehicle is plugged into a charger in Los Angeles, on Aug. 25, 2022. People who want to buy an electric vehicle could get a bigger-than-expected tax credit come Jan. 1, 2023, because of a delay by the Treasury Department in drawing up rules for the tax breaks.
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Rule Delay Makes Big EV Tax Credit Possible Early Next Year
A key provision has been temporarily put on hold.
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Gas Price Hikes Fueling Electric Vehicle Conspiracy Theories
The electric vehicle appears to be the latest reiteration of baseless conspiracy theories.
March 10, 2022
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The effort comes at a challenging time for public transit.
March 7, 2022
Transportation Secretary Pete Buttigieg speaks to the media during a visit to the Georgia Ports Authority's Megarail facility, on Dec., 17, 2021 in Savannah, Ga. Clogged U.S. ports are being given access to nearly $450 million in federal money from President Joe Biden's new infrastructure law, part of the administration's recent stepped-up efforts to ease supply chain congestion and lower prices for American consumers.
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U.S. Ports to Receive $450M from Infrastructure Funds to Ease Congestion
The grants are aimed specifically at reducing bottlenecks.
February 23, 2022
The Biden administration is launching its long-awaited plan Feb. 10, 2022, to build out a network of 500,000 electric vehicle charging stations, pledging $5 billion to states that focus first on stops along interstate highways that could spur a new era of zero-emission travel coast to coast.
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States Get Go-Ahead to Build Electric Car Charging Stations
Construction could begin by this fall.
February 10, 2022
U.S. Transportation Secretary Pete Buttigieg speaks to the media during a visit to the Georgia Ports Authority's Megarail facility, Friday, Dec., 17, 2021 in Savannah, Ga. Buttigieg used the visit to highlight the coordination with the his department and the Georgia Ports Authority to improve its cargo flow.
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Buttigieg Doles Out $241M to U.S. Ports to Boost Supply Chain
The transportation money is being made available immediately to 25 projects in 19 states.
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U.S. Cites 'Crisis' as Road Deaths Rise 18% in First-Half of 2021
It was the biggest six-month increase since the department began recording fatal crash data in 1975.
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Senate Majority Leader Chuck Schumer, D-N.Y., addresses the urgent need to counter climate change in the US with transformational investments in clean jobs, during an event at the Capitol in Washington, Wednesday, July 28, 2021.
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Climate Bid Faces Tricky Path Over Money for Electric Cars
New legislation provides $7.5 billion to build a national network of charging outlets.
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Construction project manager Gabrielle Ferro, second right, speaks with U.S. Secretary of Transportation Pete Buttigieg, during a tour of an underground tunnel for the expansion of the Hartsfield–Jackson Atlanta International Airport plane train tunnel at the Hartsfield–Jackson Atlanta International Airport on Friday, May 21 in Atlanta.
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White House Gives GOP June 7 Deadline for Infrastructure Deal
As of Sunday, the two sides remained far apart.
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In this May 20, 2020, file photo, Sen. Tom Carper, D-Del., speaks as the Senate Homeland Security and Governmental Affairs committee meets on Capitol Hill in Washington. Sen. Carper is urging U.S. anti-pollution standards that would follow a deal brokered by California with five automakers and then set targets to end sales of new gas-powered vehicles by 2035. In a letter sent late Thursday, April 29, 2021, to the Environmental Protection Agency, Carper says the administration must move forcefully in the auto sector to achieve Biden’s plan of slashing America’s greenhouse gas emissions in half by 2030.
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Senator Pushes for More Forceful Auto Regulations
He says the administration must be more aggressive with the auto sector to achieve President Biden’s plan of slashing emissions.
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House Speaker Nancy Pelosi of Calif., walks from the House floor, during the vote on the Democrat's $1.9 trillion COVID-19 relief bill, on Capitol Hill on March 10 in Washington.
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Pelosi Pledges Swift Work on Infrastructure Package
President Biden proposed $2 trillion in clean energy, public transit, and road and bridge projects during the campaign.
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U.S. Infrastructure Gets C- Grade
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In this April 16, 2020 photo, work continues on a bridge on the Interstate Highway 75 project in Troy, MI.
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Beyond Virus Relief, Biden Team Prepares Wider Economic Package
Biden and his team have begun discussions on the possible outlines of an infrastructure package with members of Congress.
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In this file photo, Transportation Secretary nominee Pete Buttigieg speaks during a Senate Commerce, Science and Transportation Committee confirmation hearing on Capitol Hill in Washington.
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Senate Confirms Buttigieg as Transportation Secretary
He is expected to play an important role in overseeing stronger fuel economy standards, as well as the president's push for a $2 trillion infrastructure plan.
February 3, 2021