Tesla S Us Price Cuts Mean More Models Are Eligible for Federal Ev Tax Credit
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Troubled EV maker Fisker to cut some car prices by more than 30% to boost demand
Fisker Inc.’s stock got a slight reprieve Thursday after the troubled electric-vehicle maker announced large price cuts in an attempt to boost demand for its cars.MarketWatch - Business -
Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures
Tesla Inc. lost another bullish backer — one who said Monday that slowing demand, rising inventories and tightening liquidity should hurt the electric vehicle giant’s results over the next year.MarketWatch - Business -
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.The Wall Street Journal - World -
Fisker Slashes Prices on 2023 EV Models in Affordability Bid
Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash.The Wall Street Journal - World -
Fisker slashes prices on 2023 EV models to boost demand
Struggling electric-vehicle maker Fisker is cutting the suggested prices for some of its 2023 model-year vehicles, a bid to drum up demand for its cars as the startup struggles for cash.MarketWatch - Business -
Fisker Slashes Prices on 2023 EV Models in Affordability Bid
Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash.The Wall Street Journal - Business -
China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch
On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.CNBC - Business - China -
Xiaomi releases electric car $4K cheaper than Tesla's Model 3 as price wars heat up
Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.CNBC - Business -
Nissan looks to address 'extreme market volatility' with 30 new models, EV cost cuts
Nissan is targeting an additional 1 million unit sales in the next three years and a 30% reduction in electric vehicle production costs by 2030.CNBC - Business -
Tesla, Netflix and many other big companies pay more to executives than they do in taxes. It’s time to rein them in.
35 major U.S. corporations have paid less than nothing in federal income taxes. Instead, they collectively netted almost $2 billion in refunds.MarketWatch - Business -
Nissan Motor Plans to Sell More Than a Dozen New EV Models by 2026
The Japanese carmaker plans to start selling more than a dozen new electric-vehicle models, aiming to boost total car sales by one million units within three years.The Wall Street Journal - World -
Nissan Motor Plans to Sell More Than a Dozen New EV Models by 2026
The Japanese carmaker plans to start selling more than a dozen new electric-vehicle models, aiming to boost total car sales by one million units within three years.The Wall Street Journal - Business -
More than $1 billion in federal tax refunds unclaimed as deadline to file approaches
If you didn't file a tax return amid the worst of the Covid-19 pandemic and believe you're eligible for a refund, the Internal Revenue Service wants to hear from you.NBC News - Top stories -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
BYD Net Profit Rises as It Overtakes Tesla as Top EV Seller
BYD sold more than 526,000 fully electric vehicles in the fourth quarter, topping Tesla for the first time as the world’s largest seller of EVs on a quarterly basis.The Wall Street Journal - World -
BYD Net Profit Rises as It Overtakes Tesla as Top EV Seller
BYD sold more than 526,000 fully electric vehicles in the fourth quarter, topping Tesla for the first time as the world’s largest seller of EVs on a quarterly basis.The Wall Street Journal - Business -
EV News: Fisker Delisting, Tesla's Big Promo, and China's WTO Protest
A WTO dispute looms between the U.S. and China, while Elon Musk responds to softening demand at Tesla, and Fisker continues its slide.Inc. - Business - China -
I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.The New York Times - Business -
Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall
President Biden has called for $5 trillion in new taxes on corporations and high earners. But his record so far is as a net tax cutter.The New York Times - Business - Joe Biden -
Trump tax cuts set to expire – will you be affected?
With many of former President Trump's tax cuts due to expire next year, taxpayers may be wondering if there's anything they should be doing now to prepare.The Hill - Politics - Donald Trump -
California homeowners face an insurance crisis. What will it mean for home prices in the state?
Californians face yet another setback on the housing front as a major insurer pulls out of 72,000 home-insurance policies, citing costs.MarketWatch - Business - California -
Xiaomi Prices First EV Competitively, Seeks Pole Position in Crowded Market
Chinese smartphone maker Xiaomi has put a lower-than-expected price tag on its first electric vehicle as it joins the fiercely competitive race in China’s EV market.The Wall Street Journal - World -
Nissan looks for partnerships to cut electric vehicle costs
Chief executive says ‘we cannot do this alone’ as carmaker responds to threat from Chinese rivalsFinancial Times - World -
Home price growth is back at pre-pandemic levels. Here's what that means for buyers and sellers
While price growth is moderating and inventory is improving, overall housing costs remain high, experts say. Here's what to expect.CNBC - Business -
Home price growth is back at pre-pandemic levels. Here's what that means for buyers and sellers.
The rate at which home prices grow is slowing down.NBC News - Top stories -
Cocoa prices are soaring to record levels. What it means for consumers and why 'the worst is still yet to come'
Cocoa has more than tripled in cost over the past year and is up 129% in 2024.CNBC - Business -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Automakers beware: BYD can still afford to cut prices
EV giant has scope to sacrifice short-term profits to try to win a fierce battle for market shareFinancial Times - Business -
Should you use a personal loan to pay off credit card debt?
Want to pay off high-interest credit card debt with a personal loan? Find out if that plan makes sense here.CBS News - Top stories -
Federal Reserve Expected to Cut Rates, Lift Biden's Prospects
A midyear cut could lower borrowing costs and drop mortgage rates ahead of the election.Inc. - Business - Federal Reserve -
Matthews: Autocrats gonna mandate: health insurance, vaccines, EVs and more
We saw it with ObamaCare, COVID-19 vaccines, EVs and many other issues — e.g., the mandated use of ethanol in gasoline. And they may be coming for your gas stove next.The Hill - Politics -
Nio’s stock touches 52-week low after Chinese EV maker cuts sales estimates
U.S.-listed shares of Nio Inc. on Wednesday hovered around a 52-week low after the Chinese electric-vehicle maker cut its current-quarter sales estimates.MarketWatch - Business -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
2024 Fantasy Baseball Rankings: Top breakouts from proven model that nailed Bobby Witt Jr.'s strong season
SportsLine simulated the entire MLB season and identified Fantasy baseball 2024 breakoutsCBS Sports - Sports -
How to earn 5% or more on your tax refund now
Wondering what you should do with the money from your tax refund? Here's how you can earn 5% or more on it.CBS News - Top stories -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
A third of home sellers are dropping list prices in this market. They may have ‘misjudged the market,’ economist says.
Some markets have seen a big bump in newly built homes, which is affecting supply-and-demand dynamics.MarketWatch - Business -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
Elon Musk Pushes to Increase Use of 'Full Self-Driving' Software as Tesla Sales Cool
Elon Musk has said drivers with FSD enabled will get a one-month free trial starting in the coming days.The Wall Street Journal - World - Elon Musk -
Elon Musk Pushes to Increase Use of 'Full Self-Driving' Software as Tesla Sales Cool
Elon Musk has said drivers with FSD enabled will get a one-month free trial starting in the coming days.The Wall Street Journal - Business - Elon Musk