The Biden administration seeks to terminate the tax-loss harvesting strategy for crypto investors which would help the White House save $31 billion over a ten year period. On Thursday, March 9, the Bi...
Tag: Subsidies
Intel: Chips Act subsidies may impede a return to former glory
The US has embarked on an ambitious and expensive project: rebooting a domestic manufacturing industry for leading-edge chips. A downturn in demand ratchets up the pressure. Intel imagines the push wi...
Shanghai pledges tax cuts, government subsidies for ailing small businesses as city sharpens focus on economic recovery in 2023
Shanghai, the financial and commercial hub of China, has pledged to roll out more relief measures to support ailing small businesses hit hard by past pandemic curbs, as the metropolis pursues a consum...
BYD Shares End Week Lower As Berkshire Hathaway Sells Again, China EV Subsidies Cut
Warren Buffett’s Berkshire Hathaway has trimmed its stake in China EV maker five times in the past … [+] three months, according to Hong Kong Stock Exchange filings. (Photo by Dimitrios Ka...
Biden’s EV subsidies are creating winners and some seriously sore losers at home and abroad
Japan’s Honda and South Korea’s LG have together earmarked upwards of $4 billion to build a battery factory in Ohio, which will employ 2,200 people. The multibillion-dollar big push comes mere months ...
Germany’s Inflation Hits Double Digits for the First Time Since WWII, Parliament Reveals $195B Subsidies Package to ‘Make Prices Drop’ – Economics Bitcoin News
Following the Covid-19 pandemic, the massive amount of stimulus, and amid the Ukraine-Russia war, Germany’s inflation has soared. Official data from Germany’s consumer price index (CPI) indicates that...
U.S., South Korea working to rectify problems on EV subsidies: Korea minister
South Korean and U.S. officials are working toward a “concrete proposal” to resolve their differences over electric vehicle subsidies, South Korea’s trade minister told CNBC. “...
Haiti Riots Triggered By IMF Advice To Cut Fuel Subsidies
PORT AU PRINCE, HAITI – SEPTEMBER 13: Demonstrators set fire during a protest against the rising … [+] gasoline prices in Port-au-Prince, Haiti, September 13, 2022. (Photo by Georges Harry...
Governments worldwide provide $536B in annual subsidies to this one industry — and billionaire investor Mario Gabelli is getting in on the action. Here’s how you can too.
Governments worldwide provide $536B in annual subsidies to this one industry — and billionaire investor Mario Gabelli is getting in on the action. Here’s how you can too. The stock market is a scary p...
EV Tax Credits: Big Changes For Electric Vehicle Subsidies — What You Need To Know
Changes to tax perks for buyers of electric vehicles are coming. But the new EV tax credits come with complex rules that will significantly restrict which vehicles qualify, leaving consumers and auto ...
FCC denies SpaceX Starlink for nearly $1 billion broadband subsidies
A Starlink satellite terminal, also known as a dish, setup in front of an RV. SpaceX The Federal Communications Commission on Wednesday denied SpaceX’s bid for nearly $1 billion in subsidies to ...
Big Wind And Big Solar Will Collect $113 Billion In Tax Credits This Decade, Manchin-Schumer Assures Billions More
The reconciliation bill now pending in Congress, known as Manchin-Schumer, (or Schumer-Manchin) … [+] assures that the lavish federal tax credits for wind- and solar-energy become permanent. (Th...
Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies
Topline House Speaker Nancy Pelosi (D-Calif.) revealed in regulatory filings Tuesday her husband Paul Pelosi sold millions worth of stock in chipmaker Nvidia at a loss a day before the Senate passed a...
The Biden-Harris Inflation Plan Is More Rhetoric Than Real
President Joe Biden and Vice President Kamala Harris share pleasantries. (Photo by Chip … [+] Somodevilla/Getty Images) Getty Images Since the latest inflation news was abysmal and because the p...
Italian government to give $46M in subsidies for blockchain projects
Italy is supporting blockchain projects by allowing them access to government subsidies. The Ministry of Economic Development in the country has announced that some blockchain projects will qualify fo...
Italian government will provide $46 million in subsidies for blockchain projects
The Ministry of Economic Development of Italy has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September. In a Tuesday a...
France Considers Giving Out Food Subsidies Amid Rising Prices
Topline France is considering handing food vouchers to middle- and low-income households to help them weather rising food prices, which have worsened following Russia’s attack on Ukraine, President Em...
ERCOT Market Design, Subsidies For Renewables, ‘Fails To Adequately Pay For Reliable’ Generation
A pedestrian walks through the snow in McKinney, Texas, U.S., on Tuesday, Feb. 16, 2021. … [+] Photographer: Cooper Neill/Bloomberg © 2021 Bloomberg Finance LP Many reports have been published a...
Solana (SOL) Price Subsidies Below $100 Downside Risk Intact
Solana’s (SOL) price remains under selling pressure for the second straight day. SOL faces multiple resistance pressure near $113.10. Investors could open fresh short positions below 50-DMA at $97.0. ...