Lucid begins Arizona pre-production of electric SUV

Lucid Group Inc. said it is beginning pre-production of its Gravity electric crossover SUV at its Casa Grande manufacturing facility, marking a “significant milestone” for the company.Lucid CEO Peter Rawlinson on Tuesday posted a video on LinkedIn of the first Lucid Gravity SUV bodyshell descending from a roof conveyor to the company’s main production line…

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Fed’s next challenge: the unemployment boogeyman

If the economy were just a snapshot, Federal Reserve Chair Jerome Powell should put the current one on his mantle. Strong 2.8% second-quarter economic growth and calmer inflation are the soft landing conditions that should at least temporarily win the Fed some plaudits for its handling of the current inflationary cycle. If the economy were…

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