The Inflation Reduction Act Is Very Good At One Thing: Making Billionaires Richer

Welcome to the $400 billion green subsidy gravy train. The nation’s biggest solar panel maker, First Solar, sells $3.5 billion a year of its “thin-film” solar panels made with exotic “cadmium tellurid...

Chinese E-Commerce Tycoon Colin Huang Loses $3.1 Billion In One Day As Imminent Price War Spooks Investors

Pinduoduo founder Colin Huang (Photo by Qilai Shen/Bloomberg) © 2017 Bloomberg Finance LP E-commerce giants JD.com and Pinduoduo are on the cusp of a new price war, with the former pledging more than ...

Demonstration Of New Housing Subsidy Might Yield Results

Evaluation of how a new subsidy for housing costs will be key to learning if it will help people … [+] with urgent housing needs. getty Recently, the Department of Health and Human Services (DHH...

Europe’s Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy

Oliver Zipse, CEO of BMW is also president of ACEA. He is standing in front of a BMW i4 electric car … [+] (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images European carmakers ...

BingX`s New Copy-trading Subsidy Vouchers Will Allow Users To Recover Losses

BingX, the most popular social cryptocurrency exchange, has set a record by becoming the first cryptocurrency exchange to integrate copy trade subsidy vouchers. These are intended to reimburse consume...

Saudi Air Connections Take Off, Thanks To Government Subsidy Scheme

A Saudi Arabian Airlines Boeing 787-9 Dreamliner leaving Malaga Costa del Sol airport, Spain on … [+] August 21, 2022 (Photo: Fabrizio Gandolfo/SOPA Images/LightRocket via Getty Images) SOPA Ima...

SpaceX Misses Out On $888.5 Million Government Subsidy For Starlink

Topline The Federal Communications Commission has denied SpaceX’s application to receive $888.5 million in funding to bring its Starlink satellite broadband internet service to rural areas, the agency...

China EV Sales Set To Double As Nio Stock, Xpeng Rally On Subsidy Hope

Xpeng (XPEV), Nio (NIO) and Li Auto (LI) are gearing up to report China EV sales for July before Monday’s U.S. stock market open. Chinese EV giant BYD (BYDDF) also reports July sales in early Au...

Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote — is there still time to tag along?

Nancy Pelosi’s husband just bought over $1 million of this chip stock right before a $52 billion subsidy vote — is there still time to tag along? If Keith Gill, wallstreetbets, and GameStop are names ...

Mexico Fuel Subsidy Is Now Costing More Than Oil Export Profits

(Bloomberg) — Mexico’s gasoline and diesel subsidies are now costing the government more than double the extra profit the oil producer gets from higher crude prices, according to estimates by Bl...