President Donald Trump approved new fuel economy standards that roll back the stricter policies set by the Biden administration, which aimed to increase fuel efficiency and promote electric vehicle adoption. The previous rules required automakers to achieve about 50 miles per gallon by 2031, encouraging more electric and hybrid vehicles. Trump's change is intended to lower car prices and support production of more profitable trucks and SUVs, though the exact new standards have not been detailed. This move fulfills Trump's campaign promise to ease regulations that incentivize electric vehicles, potentially slowing the shift toward cleaner transportation.
Trump's new fuel economy standards offer context for readers. For those following Consumer Cyclical stocks, here is Pluang's market snapshot as of Sep 27, 2026 04:01 WIB: Of 112 priced US stocks, 63 rose and 48 fell. DraftKings Inc (DKNG) gained 3.53% to USD 22.02 with a typical hold time of 55 days. VF Corp (VFC) rose 3.36% to USD 14.15, held typically for 64 days. MGM Resorts International (MGM) dropped 3.29% to USD 32.58, with 100% buy order activity and a 91-day hold time.
NEAR Protocol's token price rose 3.35% within an hour to $4.94 on Binance, driven by $250,000 in short liquidations across major exchanges. The token also showed a modest 0.47% gain over the previous 24 hours, reflecting increased market activity. NE...
Zcash (ZEC) surged 7.67% within one hour to $1,684 on September 26, boosting its 24-hour increase to 10.18%. This price jump was recorded on Binance’s spot market and reflects strong market momentum. The rally caused significant short liquidations to...
Uniswap (UNI) saw a sharp price increase of 3.47% within an hour, reaching $9.78 on September 26. This rise extended its 24-hour gain to 3.36%, with the token trading at $9.45 an hour earlier on Binance. UNI holds the 23rd spot by market capitalizati...
Tether held $114.96 billion in U.S. Treasury securities as of June 30, forming a significant part of its $187.75 billion reserve assets backing its stablecoin. Meanwhile, the Trump administration considered an overseas stablecoin initiative involving...
ApeFest 2026, held on October 17 in Charleston, showcases the Ape ecosystem's state amid a 99% drop in ApeCoin price and a thinning NFT market. ApeChain, a blockchain built on Arbitrum, sees reduced activity with $3.1 million locked value and 10,000 ...
