If you were one of the millions of Americans who travelled by plane over the Thanksgiving break – perhaps heading home for a family gathering – you may also be among the most disgruntled air travellers in the world. Fact is, US airports are lagging way behind other countries in the world rankings, losing out to their Asian counterparts, as well as some European hubs.
After the scandal surrounding the recent VW emissions episode, consumer confidence is being tested once again with the news that some Samsung TVs in Europe appear to record lower energy outputs during official tests than they do in real-world use. The alleged discrepancies were found in unpublished lab tests by EU-funded research group ComplianTV which logged consistently higher energy consumption rates for the company’s models in the field than in lab conditions.
Energy for free?
What if you could supply all the energy need for your home from a set of rechargeable batteries? Well it seems that this futuristic vision could be more than just an eco-pipedream in the wake of Tesla’s announcement that it intends to enter the domestic energy market with low-cost solar batteries for homes, businesses and utilities.
In its latest meeting, the Federal Reserve noted improvements in both U.S. economic strength and broad labor market while inflation remains in check. The current environment allows the Fed to reduce its monthly pace of asset purchases while maintaining low rates–good signs for the corporate titans of Wall Street and the average Joes of Main Street.