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California Consumer Spending Cools as Homes, Cars Put on Hold

High interest rates, inflation, and uncertainty around the Trump administration’s economic policies are weighing on California consumer spending, as many residents postpone big-ticket purchases...

Korean Auto Sales Slip 1% in October, Ending 13-Month Growth Streak

U.S. Korean car sales declined in October, breaking a 13-month growth streak as the federal EV tax credit ended and battery-electric demand cooled. Hyundai,...

$7,500 Electric Vehicle Tax Credit Ends in September, Buyers Must Rush to Save

The $7,500 electric vehicle tax credit, introduced under the 2022 Inflation Reduction Act (IRA), is set to end on September 30 as part of...

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