The Wall Street Journal: Yellen says Japan and EU could get in on $7,500 EV tax credit through new trade deals
To qualify for the full $7,500 tax credit, among other requirements, 40% of the value of the minerals in an electric vehicle’s battery must come from a country that has a free-trade agreement with the U.S. That amount is set to rise to 80% after 2026.
Date: | Jan. 25, 2023 1:30 PM ET |
Link: | Read more at MarketWatch |
Source: | MarketWatch.com - Top Stories - marketwatch.com |
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Why the $7,500 EV tax credit may be tougher to get starting in March
The IRS expects to issue guidance on the clean vehicle credit in March. Experts think the rules around car batteries will limit who can get the credit.
Jan. 25, 2023 - US Top News and Analysis - Business -
Janet Yellen Expects EV Subsidy Rules to Prompt New Trade Deals
The Treasury secretary says Japan and the European Union would need new pacts covering mineral sourcing for electric-vehicle batteries.
Jan. 24, 2023 - WSJ.com: World News - World -
The Wall Street Journal: Yellen dismisses minting $1 trillion coin to avoid federal default
Treasury Secretary Janet Yellen said the Federal Reserve likely wouldn’t accept a $1 trillion platinum coin if the Biden administration tried to mint one to avoid breaching the debt limit, dismissing an idea that has been floated to
Jan. 22, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Yellen told Biden she plans to stay on as Treasury secretary
Janet Yellen told President Biden late last year that she planned to stay on as Treasury secretary and Mr. Biden welcomed the decision
Jan. 11, 2023 - MarketWatch.com - Top Stories - Business - Joe Biden -
The Wall Street Journal: SEC floats ban on Wall Street activities linked to 2009 financial crisis
U.S. regulators propose banning a Wall Street practice that lawmakers said was partly to blame for the 2008 financial meltdown.
Jan. 25, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: This new offensive in Russia’s war on Ukraine is cartological
Crackdown on maps that fail to identify Ukraine's Crimean Peninsula as part of Russian Federation comes amid reports that the Biden administration is growing more open to helping Ukraine recapture Crimea.
Jan. 24, 2023 - MarketWatch.com - Top Stories - Business - Ukraine -
The Wall Street Journal: Electric vehicles made up 10% of all new cars sold last year
Analysts warn that repeating last year’s strong EV performance in 2023 could be difficult as economic worries weigh on consumers
Jan. 16, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Toyota mulls new manufacturing platform just for EVs
Toyota is looking at rolling out an EV-dedicated manufacturing platform as it looks for the formula for making EVs profitably.
Jan. 13, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: U.S. and allies planning new sanctions on Russian oil industry
The U.S. and its allies are preparing their next round of sanctions on Russia’s oil industry
Jan. 11, 2023 - MarketWatch.com - Top Stories - Business - Russia -
The Wall Street Journal: FAA says contractor unintentionally caused last week’s air-traffic outage
The Federal Aviation Administration said Thursday that a contractor working for the air-safety regulator had unintentionally deleted computer files used in a pilot-alert system, leading to an outage that disrupted U.S. air traffic last week.
Jan. 19, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: FDA rejects Eli Lilly’s proposed Alzheimer’s treatment, says more data needed
The setback could delay a potential commercial introduction of the highly anticipated drug by at least several months, if the Food and Drug Administration eventually decides to approve it.
Jan. 19, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: PayPal CEO says two billion people live outside the financial system
“We have a good financial system…but I don’t think it’s doing the job that it needs to do, which is being an inclusive economy that brings everybody in together,” Mr. Schulman said.
Jan. 17, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Southwest seeks to revamp scheduling system after holiday meltdown, CEO says
Southwest Airlines Co. has hired an outside consulting firm and is working to strengthen a crew scheduling system after a meltdown roiled its operations during the holidays, Chief Executive Bob Jordan said in an interview.
Jan. 12, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Twitter says it will allow more political ads, undoing 2019 ban
Twitter Inc. said it plans to expand the political advertising it allows on the social-media platform after banning most political ads in 2019, in the latest policy change by new owner Elon Musk.
Jan. 3, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Southwest Airlines says it has returned to ‘a normal schedule’
Southwest Airlines Co. returned to more normal operations this weekend, contending with some weather challenges as it sought to regain credibility with regulators and travelers following the carrier’s meltdown over the holidays.
Jan. 2, 2023 - MarketWatch.com - Top Stories - Business -
McConnell tears into Manchin on Senate floor for trying to cut EV tax credits
McConnell tears into Manchin on Senate floor for trying to cut EV tax credits lead
Jan. 26, 2023 - Congress - Politics - Senate -
Manchin takes aim at Treasury delay for EV tax credit restrictions
Sen.
Jan. 25, 2023 - Just In | The Hill - Politics -
Automakers fear 2023 EV tax credits may confuse car buyers
The answer to that question is one factor determining whether some vehicles qualify for the EV tax credit.
Jan. 14, 2023 - Home - CBSNews.com - Top stories -
Tesla’s U.S. price cuts mean more models are eligible for federal EV tax credit
Tesla cut prices on its most popular electric cars by as much as 20%. For U.S. buyers, that means more models qualify for tax incentives that kicked in Jan. 1
Jan. 14, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Spotify recovers after second outage this month
Streaming service Spotify Technology SA experienced an outage for the second time this month, temporarily disrupting service for thousands of users.
Jan. 26, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Meta pays Buzzfeed nearly $10 million to generate content for Facebook, Instagram
Facebook parent Meta Platforms Inc. is paying BuzzFeed Inc. millions of dollars as part of an effort to bring more creators to the social-media giant’s platforms, according to people familiar with the situation.
Jan. 25, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Justin Bieber sells his music rights for about $200 million
Pop star Justin Bieber has sold his music rights to Blackstone Inc.-backed Hipgnosis Songs Capital.
Jan. 24, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: Rupert Murdoch scraps plan to merge Fox and News Corp
Rupert Murdoch called off his effort to merge the two parts of his media empire, News Corp and Fox Corp., saying the transaction “is not optimal” for shareholders of the companies at this time.
Jan. 24, 2023 - MarketWatch.com - Top Stories - Business -
The Wall Street Journal: U.S. leans toward providing Abrams tanks to Ukraine
The Biden administration is leaning toward sending a significant number of Abrams M1 tanks to Ukraine and an announcement of the deliveries could come this week
Jan. 24, 2023 - MarketWatch.com - Top Stories - Business - Ukraine -
The Wall Street Journal: Google execs to get lower bonuses in cost-cutting move following layoffs
Google Chief Executive Sundar Pichai said top executives would take pay cuts following the largest round of layoffs in the company’s history.
Jan. 23, 2023 - MarketWatch.com - Top Stories - Business - Google