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Rivian to Get $6 Billion Federal Loan for EV Factory

The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.

Business - The New York Times - Yesterday

Biden gives $6.6B conditional loan to EV-maker

Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-maker The Biden administration has preliminarily said ...

Politics - The Hill - 17 hours ago

Biden administration preliminarily OKs $6.6B loan to EV maker Rivian

The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle maker Rivian for a plant in Georgia. The administration said the loan would support the ...

Politics - The Hill - 23 hours ago

Rivian to use Biden administration loan to boost competitiveness of its EVs

Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.

Business - MarketWatch - 22 hours ago

Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused

President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory

Tech - ABC News - 18 hours ago

Trump and student loans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump's win means for student loan forgiveness Advocates are now focusing ...

Politics - The Hill - November 8

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

Is a $100,000 home equity loan worth it?

A $100,000 home equity loan could be worth opening for a wide swath of homeowners. Here's why.

Looking for a Last-Minute Loan? Try Shopify

Shopify Capital might come in handy over the holidays for the 2 million businesses that use the e-commerce platform.

Business - Inc. - October 30

Will home equity loan interest rates fall in November?

Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.

Everything you need to know about student loans

How do I get my student loan payments, what can I borrow and when do I have to start paying it back?

Trump’s Win Puts Student Loan Forgiveness Into Question

Trump and Republicans have been very critical of student loan forgiveness.

Business - Inc. - November 8

Former students urged to check for loan refunds

New figures show university graduates could be eligible for refunds worth nearly £200m.

Thames Water wins bondholder approval for £3bn emergency loan

Three-quarters of top ranking lenders approve expensive plan to avert cash crunch

Business - Financial Times - November 13

Is a HELOC or home equity loan better with inflation rising?

With inflation rising again, homeowners considering using their home equity should review both options carefully.

‘Question loan charge tax officials under oath’

MPs pledge independent inquiry into much-criticised policy

World - Financial Times - November 15

How will the Trump presidency affect student loan forgiveness?

President-elect Donald is returning to the White House after defeating Vice President Harris, but what will his second term mean for the millions of Americans with student loan debt?

Politics - The Hill - November 18

EU pledges $96M loan to Cameroon to boost infrastructure

The European Union says it will lend 91 million euros to Cameroon over the next three years to boost the West African country’s infrastructure and attract foreign investment

World - ABC News - November 19

Is a home equity loan safe right now?

Home equity loan interest rates have declined in 2024, but is this a safe way to borrow money right now?

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 - 5 days ago

Trump’s plans threaten the EV transition

An abrupt change of course on US subsidies would come at a time when demand is already slowing in developed economies

World - Financial Times - 15 hours ago

How to get a low home equity loan rate this November

There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.

Deteriorating Loans Stress Regional Banks’ Office Building Portfolios

The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.

Business - Inc. - October 29

Republicans unveil emergency bill to fund tapped-out disaster loan program

Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...

Politics - The Hill - October 29

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Rival creditor group offers Thames Water emergency loan at lower rate

The UK’s largest water and sewerage provider is struggling with a £19bn debt load

Business - Financial Times - October 31

HELOCs vs. home equity loans: Everything to consider right now

Not sure if a HELOC or home equity loan is your best recourse? Here's everything homeowners should consider now.

How far will home equity loan interest rates drop in November?

Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.

Banks face growing risk as double defaults on commercial loans mount

A bank practice known as ‘extend and pretend’ has delayed a write-off reckoning but may hide a growing systemic risk

World - Financial Times - November 7

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

How low will home equity loan interest rates drop in November?

There are a few events in November that could help push home equity borrowing rates lower, experts say.

When will home equity loan rates fall below 8%?

Home equity loan rates have been dropping. But when will they fall below 8%? Here's what to consider now.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - November 7

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