Author: Money Mechanics

Tesla is expanding its robotaxi service to Dallas and Houston, according to a social media post from the company. The post says simply that “Robotaxi is now rolling out in Dallas & Houston 🤠” and includes a 14-second video showing Tesla vehicles driving without human monitors or drivers in the front seat. The company now offers robotaxi service in three cities, all of them in Texas, after launching in Austin last year and starting to offer rides without safety drivers in January 2026. In a February filing, Tesla said that its Austin robotaxis have been involved in 14 crashes since…

Key Takeaways Consumer theory is a part of microeconomics that examines spending decisions based on personal preferences and budget constraints.Key assumptions of consumer theory include rational decision making, utility maximization, non-satiation, and decreasing marginal utility.Understanding consumer behavior helps businesses forecast product demand and informs government policy to influence economic outcomes.While consumer theory offers a framework for predicting spending patterns, actual decision making can be influenced by emotions and unfamiliarity with products.Limitations of consumer theory stem from its assumptions, which may oversimplify real-world consumer choices due to uncontrolled variables. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.At the first investment meeting for a pension fund client I ever attended, the head of investments went through the asset allocation of the portfolio. He talked about fixed interest, property, equities and unquoted stocks. Then he turned to cash. “This is our most dangerous holding,” he declared.I thought he was just being provocative to prod dozing trustees. He certainly woke me up. But over the years I have come to see the sense of his comments.One of the biggest long-term risks…

In-brief analysis March 3, 2026 Data source: U.S. Department of Energy, Office of Fossil Energy and Carbon Management, and company press releasesNote: Development of Lake Charles LNG was suspended on December 18, 2025. Prospective=approved, proposed, or under construction; LNG=liquefied natural gas; Exp=expansion U.S. developers signed sale and purchase agreements (SPA) for 40 million tons per annum of liquefied natural gas (LNG) in 2025 from planned export facilities, according to U.S. Department of Energy (DOE) and company website data. This LNG volume equals 5.2 billion cubic feet per day (Bcf/d), the…

(By Oil & Gas 360) – Queensland’s Taroom Trough is quickly emerging as one of the most closely watched new oil developments in the developed world, not just for its resource potential, but for how aggressively it is being positioned for development. After decades without a major new onshore oil province, Australia may be on the verge of bringing a new basin into production. This time, the focus is not just on discovery, but on speed, coordination, and investment. Located in southern Queensland, the Taroom Trough spans a large, underexplored area now being advanced by a consortium of operators. Early results…

The electric vertical takeoff and landing (eVTOL) market has the potential to be huge. Flying air taxis could ease congestion in major cities and be an exciting new way for people to get around. Getting in early and investing in up-and-coming companies in the space may lead to significant returns later on. Joby Aviation (NYSE: JOBY) is one of the big, early players in the eVTOL space today. Its market cap is around $9 billion, but its valuation has been coming down; this year, its shares have fallen by 30% and are down about 56% from their 52-week highs. With…

In-brief analysis March 5, 2026 This TIE has been updated to correct data and sources. U.S. electricity net generation reached a record in 2025 based on data from our Electricity Data Browser. In 2025, the United States generated 4.43 thousand terawatthours (TWh) of electricity, up 2.8% from 2024 generation, which previously had been the highest annual total in our Monthly Energy Review Data Browser dataset dating back to 1949. This growth contrasts with the trend of relatively flat electricity generation between the mid-2000s and early 2020s. Net generation is related to electricity demand. Much of…

A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026, in Tehran, Iran.Majid Saeedi | Getty ImagesPolicymakers around the world are closely watching developments in the Middle East as they gauge the most prudent response to the economic fallout of the war. CNBC spoke to more than 30 central bankers, politicians and policymakers at the IMF World Bank meetings in Washington, DC, this week, who weighed in on the U.S.-Iran war and their biggest economic concerns. The interviews came before Iran’s Friday declaration that the Strait of Hormuz is completely…

Streaming may be the new normal, but there’s still a place for live TV in our homes. Big events like the Super Bowl or the Oscars are best watched live, while local channels provide access to news and movies without an expensive cable plan. A TV antenna is an affordable alternative to access over-the-air (OTA) channels available for free. The trick is choosing the right antenna for your location and setup. OTA TV offers a wider variety of choices than you might not remember if you haven’t used a rabbit-ear antenna. These days, most of your local TV stations offer…

(Image credit: Getty Images)It doesn’t matter if you’ve been with your partner for decades or just a few years — there are important topics every couple needs to discuss. Communication styles, family goals and dreams for the future are a few common topics, but what about discussing your finances and the best ways to handle them?The top stressor for relationships is money, and many couples will avoid the topic altogether or start hiding purchases from each other. More than half think significant debt is a good enough reason for a divorce.While it might be uncomfortable to bring up, having open…