90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…
Russia battles floods as Ural river swells; Moscow hits ‘critical’ Ukrainian infrastructure
This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. Overnight attacks…
Biden’s China tariff threats are more bark than bite, economists say
The Biden administration this week sent several signals of a toughening U.S. economic strategy against China. On Wednesday, President Joe…
New EPA limits on ‘forever chemicals’ in drinking water could cost $1.5 billion per year to implement
The Environmental Protection Agency released long-awaited regulations Wednesday on some toxic “forever chemicals” found in drinking water. Known as PFAS,…
Russian billionaires taken off EU sanctions list; Ukraine accused of another nuclear plant drone strike
This was CNBC’s live blog tracking developments on the war in Ukraine. Officials at the Russian-controlled Zaporizhzhia nuclear plant in…
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its…
Yellen touts electric vehicle ‘boom’ as automakers tone down hype
Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, even as…
Why Amtrak is attempting to revive the Texas Central bullet train
The U.S., despite decades of research and studies, remains without authentic high-speed rail options. Since 1987, investors have attempted to…
Ukraine’s female soldiers are fighting on two fronts — against Russians, and sexism within their ranks
War, the military, combat, the frontline — all traditionally seen as a “man’s world” despite the many official and unofficial…
