Nov 17, 2022 | Artificial Intelligence, Featured, Finance, US Economy
An artificial intelligence tool could help governments decide whether or not to bail out a bank in crisis by predicting if the intervention will save money for taxpayers in the long term. The AI tool, developed by researchers at University College London (UCL) and...
Aug 18, 2022 | Climate, US Economy
On the surface, the Inflation Reduction Act that President Biden signed into law on Tuesday may sound like a massive government spending program. Indeed, it promises to put nearly $370 billion in federal funding behind the energy transition. But, if you dig deeper,...
Aug 18, 2022 | Electric Vehicles, Featured, US Economy
The new law changes which electric vehicles will qualify for the Clean Vehicle Credit; now, only electric vehicles with final assembly in North America will qualify for the $7,500 tax credit. Manufacturers that have reached the 200,000 electric vehicle...
Jun 15, 2022 | Electric Vehicles, Featured, US Economy
Major automakers are asking Congress to lift the cap on how many people would be offered tax credits if they buy a hybrid or fully electric vehicles. In a letter to leaders of the Senate and House of Representatives on Monday, the chief executives of Ford, Toyota, GM...
May 26, 2022 | Featured, US Economy
The automotive industry is still struggling to produce and deliver enough new cars to meet the demand from customers. In the United States, and probably in many other markets around the globe, this shortage has a negative impact on the prices of new and used cars...
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