Lithium Prices Continue Slide Amid Declining EV Demand

The price of lithium batteries is dropping as demand for electric vehicles continues to fall. The price of the commodity is down more than 30 percent in 2023, ending a two-year rally that pushed the price of the key battery material to new heights. In addition, prices for other metals that go into batteries, such as cobalt and nickel, are also sliding. The reversal comes as electric auto makers such as Tesla and Ford cut vehicle prices to attract more customers. 

More In Business

Trump threatens to cut Musk’s government contracts over feud

President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud.

Tesla stock plunges as Musk’s feud with Trump spooks investors

Tesla plunged closed down more than 14% as a disagreement over the U.S. president's budget bill turned nasty.

Ground beef sold at Whole Foods may be tainted with E. coli, USDA says

U.S. agriculture officials are warning that packages of ground beef sold at Whole Foods markets may be contaminated with E. coli bacteria.

Amazon planning $10B investment in NC AI campus

Amazon is expanding its cloud computing infrastructure and artificial intelligence activities into a rural North Carolina county.

Why Century21 Real Estate CEO Says Home Prices Are Finally Set to Drop

Mike Miedler, CEO of Century21 Real Estate, on why home prices are expected to drop. And what else you need to know about the real estate market right now!

SukuPay CEO on Becoming the First Crypto Infrastructure Embedded in a Major Latin American Bank App

SukuPay CEO, Yonathan Lapchik, discusses the app's historic milestone, becoming the first crypto infrastructure in a leading bank app in Latin America.

McDonald’s is bringing back snack wraps on July 10

McDonald’s says it's bringing back a fan favorite menu item it discontinued nearly a decade ago.

Dave’s Hot Chicken sold to Subway owner in a $1 billion deal

Dave’s Hot Chicken said Monday it has been acquired by private equity firm Roark Capital in a deal valued at $1 billion.

Tribeca Festival 2025: Where Innovation Meets Storytelling in the Heart of NYC

Tribeca Enterprises President, Chris Brady, reveals what film fans can get expect at this year's festival. Watch!

At-home health tests proliferate across a variety of conditions

Self-administered at-home tests are available for everything from thyroid function to HIV to cervical cancer.

Load More