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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

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

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

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 - 3 days ago

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 ...

Automakers Are Hot for Extended-Range EVs. They Hope Buyers Like Them Too

The tech, a waypoint between fully electric cars and gas-powered ones, has shown up in more and more US—and Chinese—vehicles. Can EREV tech get more drivers into electrics?

Tech - Wired - November 3

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Business - MarketWatch - November 8

What Will Trade, Migrants, Climate Change, and EVs Look Like Under Trump 2.0?

Here’s a review of policy plans and campaign promises central to the new president’s second-term agenda.

Business - Inc. - November 6

When Eve and Eve Bit the Apple

In this essay from 2016, a writer struggles to reconcile her love for a woman with being “a good Christian girl.”

Lifestyle - The New York Times - November 1

How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.

Will enrolling in a credit card debt management program hurt your credit?

Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?

How will a late credit card payment impact my credit score?

Just one delinquent credit card payment could have a big impact on the health of your credit. Here's how.

Will my credit score drop if I pay a credit card debt collector?

Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.

Volvo Global Sales Boosted by EVs

The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.

Business - The Wall Street Journal - November 4

The Race to Create the Perfect EV Tire

With billions sold each year, the battle is on to make the ideal electric car tire—one that offers the holy trinity of increased range, eco credentials, and less noise. The results could benefit ...

Tech - Wired - November 15

EV targets 'will not be weakened' despite pressure

Transport Secretary Louise Haigh says the rules will remain, but car firms warn they are too strict.

The EV Buyer’s Guide to an Uncertain Future

The Trump administration is likely to make big changes to US federal electric vehicle incentive programs. Buy or lease now, probably.

Tech - Wired - Yesterday

How to qualify for a credit card hardship program this November

If you can't pay your credit card bills, a hardship program could provide relief, but you'll need to qualify first.

The cautionary tale of Goldman and Apple’s credit card

Retail banking is not only harder than it looks but also heavily regulated by watchdogs who take their duties very seriously

Business - Financial Times - October 30

Can I get a HELOC with a 580 credit score?

Tapping into your home equity with a poor credit score could be tough— but it may not be impossible. Here's why.

How will filing for bankruptcy impact my credit score?

Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.

FTC sends $2.5 million to Credit Karma customers

The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

Tucker Carlson credits demons for the invention of nuclear technology

Ex-Fox News host makes bizarre claim on Steve Bannon’s podcast, days after saying a demon attacked him in his sleep. Demons that Tucker Carlson claimed attacked him as he slept were also ...

World - The Guardian - November 4

State Street says it is ‘shopping’ for a private credit manager

Money manager tries to catch up with rivals as investors shift into unlisted assets

Business - Financial Times - November 5

‘Positive’ medical debt credit reporting is a Trojan horse

Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.

Politics - The Hill - November 6

Credit Agricole's Shares Fall After Mixed Results

Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.

Business - The Wall Street Journal - November 6

What Trump's campaign credits its success to

President-elect Donald Trump's campaign told reporters about the strategy it says largely contributed to its success. CBS News' Jake Rosen has the details and Aaron Navarro reports on Vice ...

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

Cop29: what are carbon credits and why are they so controversial?

Once heavily scorned because of fraud and poor outcomes, carbon trading is likely to be high on the agenda in Baku. For the next two weeks, countries will gather on the shores of the Caspian Sea in ...

World - The Guardian - November 10

How to Choose the Right Travel Credit Card

Fees, sign-up bonuses and whether the card is aligned with a particular hotel brand or airline are all factors in the decision.

Business - The New York Times - November 15

Apple upgrades Ireland’s credit rating outlook

Good craic

World - Financial Times - November 15

Fitch Downgrades Spirit Airlines’ Credit Rating

Spirit Airlines is working on alternatives to improve its liquidity.

Business - Inc. - November 16

Bolts escape, credit culture shift under Harbaugh

The defense and QB Justin Herbert buoyed the Chargers as they avoided another late-game meltdown to beat the Bengals on Sunday night, a scenario that illustrated how different the team is under ...

Sports - ESPN - 5 days ago

JPMorgan’s Chase UK bank launches first credit card

Digital-only bank makes first foray into lending after amassing more than £20bn in deposits

Business - Financial Times - 5 days ago

5 hidden costs of carrying credit card debt

These hidden costs are just as damaging — if not more so — than credit card interest and fees.

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the same, according to credit expert.

Business - CNBC - October 31

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Business - MarketWatch - November 7

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