Exclusive: Car prices are surging. Elizabeth Warren blames corporate greed
CNN
New car prices are skyrocketing at the fastest pace on record. And Senator Elizabeth Warren says a lack of competition in the semiconductor industry is at least partially to blame.
The world is in the midst of an epic computer chip shortage, one largely driven by Covid outbreaks and skyrocketing demand.
The chip shortage has forced Ford (F), General Motors and other auto companies to slash their production. Car dealerships don't have enough new vehicles to meet demand, setting off a wave of new and used car sticker shock.
Dr. Anthony Fauci said he sees a direct link between the rise in death threats made against him and his family and public figures connecting him to Covid-19 conspiracy theories, which he noted happened earlier Monday during a contentious House hearing about the government’s response to the pandemic.
The public lashing Dr. Anthony Fauci faced on Capitol Hill Monday was illustrative of his enduring unpopularity with the GOP’s conservative base. Yet even as Republicans seek to capitalize on that dislike of the infectious disease expert, former President Donald Trump’s past elevation of Fauci is a potential vulnerability as he fights off an insurgent independent campaign from Robert F. Kennedy Jr.
The Trump campaign and the Republican National Committee raised a combined $141 million in May for former President Donald Trump’s reelection effort, the campaign said Monday – a dramatic boost in fundraising over the previous month’s haul as the Trump team works to erase President Joe Biden’s longstanding financial advantage.