EV tax credits could soon vanish. Is now the time to buy?

California plans to blunt any GOP efforts to scrap U.S. tax rebates for electric vehicles. But with uncertainty ahead, experts say current savings may not last.

Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says

Trump and Republicans on Capitol Hill will likely slash Biden-era tax breaks for electric vehicles in 2025 to raise money for a tax cut package.

Business - CNBC - November 20

Act now for $7,500 EV tax credit: Experts say there's a risk Trump will axe funding in 2025

Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and ...

Granholm warns that cutting EV tax credits would be ‘ceding’ to China

Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for electric vehicles (EVs) would benefit China. “You eliminate these credits, ...

Politics - The Hill - November 15

Newsom says California will intervene if Trump kills $7,500 EV tax credit

California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers ...

Politics - The Hill - Yesterday

Despite Trump Threat to Tax Credits, Auto Industry Continues Shift to EVs

Carmakers won’t reverse their $160 billion investment in vehicles that don’t use fossil fuels, while EV startup Rivian gets financing for a Georgia factory.

Business - Inc. - 20 hours ago

Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety

One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.

Business - MarketWatch - November 12

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

Business - MarketWatch - November 14

Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming administration does away with a federal tax credit for electric vehicles.

When will Trump and congressional Republicans end the $7,500 EV tax credit? One estimate says Jan. 1, 2026.

It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.

Business - MarketWatch - 17 hours ago

As bitcoin trades above $90,000, is now the time to buy?

Bitcoin reached an all-time high above $89,000 on Monday, amid enthusiasm that digital assets may face a more friendly regulatory environment after Donald Trump, who is considered pro-crypto, won ...

Business - MarketWatch - November 13

Celebrating too soon? NFL players have been dropping the ball for some time now

NFL players have dropped the ball before, especially when it comes to missing out on touchdowns while wanting to celebrate

Sports - ABC News - November 1

Newsom Challenges Trump on Electric Vehicle Tax Credits

Gov. Gavin Newsom said California would fill the void for residents if the Trump administration killed a $7,500 E.V. tax credit.

Top stories - The New York Times - Yesterday

Planning a Roth IRA conversion? Trump’s win and GOP trifecta could buy you more time to act.

The chances are “‘pretty high” that income-tax rates will stay where they are after 2025, one expert said.

Business - MarketWatch - November 16

I’m a 26-year-old property investor. Is now a good time to refinance — or should I flip houses before buying more?

“I’ve been investing in real estate since I was 20.”

Business - MarketWatch - November 2

Will Newsom's expanded tax credit program save California's film industry?

Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?

Entertainment - Los Angeles Times - October 28

Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits

The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.

Business - Inc. - November 15

Women's baseball players could soon have a league of their own again

Seventy years since the last professional women’s baseball league, another one hopes to give women a chance to shine in baseball

Sports - ABC News - November 13

Testimony could wrap soon in trial of man accused of killing Laken Riley

Witness testimony could come to an end as soon as Tuesday in the murder trial of Jose Ibarra, the man accused of killing Georgia nursing student Laken Riley. CBS News producer Jared Eggleston has ...

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Will credit card interest rates increase now that inflation is climbing?

Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.

A tough week for stocks may soon force us to act. Here's where we would look to buy first

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - November 15

Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say

Even with Trump win and a Republican majority, plans to nix taxes on Social Security benefits may still face hurdles.

Business - CNBC - November 6

A New Victrix Pro KO Leverless FIght Stick Is Coming Soon, Preorders Available Now

As leverless fight stick controllers have become popular among fighting game players, more companies have entered the market with their own all-button models. The newest challenger in the space is ...

Tech - GameSpot - 2 days ago

What's the Best iPhone to Buy or Avoid Right Now? (2024)

The iPhone 16 range is here, along with Apple Intelligence. Here are all the details on Apple's current iPhone lineup to help find the right model for you.

Tech - Wired - October 29

JB Smoove on hosting new game show "Buy It Now" for budding entrepreneurs

Emmy-winning comedian JB Smoove, known for Curb Your Enthusiasm, is bringing his humor to "Buy It Now," a Prime Video game show where entrepreneurs have 90 seconds to pitch products to a live ...

‘Buy now, pay later’ group Affirm launches in the UK

Move comes as British government looks to bring the popular borrowing method under FCA rules

Business - Financial Times - November 4

Buy now, pay later provider Klarna says it filed confidentially for U.S. IPO

Klarna, which is known for its popular buy now, pay later business, has confidentially filed IPO documents with the U.S. SEC.

Business - CNBC - November 13

1980s vs. now: Here's where it's much harder to buy a home

Browsing real estate listings is enough to make you wish you invented a time machine so you could have bought a house a generation ago. This article may also have that effect.

Politics - The Hill - November 15

You Can Now Buy Lab-Grown Foie Gras

A lab-grown alternative to fattened duck liver offers a controversial future for the cultivated meat industry: as a luxury product for the few.

Tech - Wired - November 19

Many parents voted for Trump. His top priority should be expanding the child tax credit, advocates say.

Parents — specifically, male parents — voted for President-elect Donald Trump this election cycle in an ongoing show of support for the Republican Party by voters with children, according to exit ...

Business - MarketWatch - November 7

Trump wants to provide a tax credit for caregivers. Here's what experts say about the proposal

At a recent campaign rally, President-elect Donald Trump said "it's about time" caregivers are recognized. Here's what we know about his tax credit proposal.

Business - CNBC - November 13

California Wants to Offer Electric Vehicle Rebates if Trump Eliminates $7,500 Federal Tax Credit

Gov. Gavin Newsom said greenhouse-gas credits would fund EV rebates.

Business - The Wall Street Journal - Yesterday

What Trump's election to the White House could mean for EVs

Republicans, led by Trump, have largely condemned EVs, claiming they are being forced upon consumers and that they will ruin the U.S. auto industry.

Business - CNBC - November 6

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