New Tax Credit Requirements to Limit Qualified Electric Vehicles for Tax Breaks

Beginning April 18, a new set of requirements that qualify certain electric vehicles for tax credits are set to change. Cheddar News reporter Chloe Aiello talks a change in tax code and what Americans purchasing EVs can expect. "The bill also requires eligible vehicles to be assembled in North America, which Reuters reported, eliminates about 70 percent of EVs currently on the market," she said.

More In Business

Fizz, Fame & Fortune: Poppi’s Billion-Dollar Journey with Co-Founder Allison Ellsworth

Poppi Co-Founder Allison Ellsworth shares how the prebiotic soda went from Shark Tank to a $1.95B PepsiCo deal—gut health, grit, and big brand moves.

Finally! Fed Slashes Rates, What It Means for You and Your Money

Unpacking Jerome Powell’s surprise rate cut with Tematica Research CIO Chris Versace—what it signals, who wins, who loses, and what smart investors do now.

Jerry quits Ben & Jerry’s, saying it has stifled his voice on issues

Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled

FDA takes aim at Hims & Hers, weight loss drugs in new advertising blitz

The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.

McDonald’s will invest $200 million in regenerative cattle ranches

McDonald’s said Monday it plans to invest $200 million over the next seven years to promote regenerative agriculture practices on cattle ranches.

How much for matcha? Prices for the popular powdered tea soar

The world’s fondness for matcha is about to be tested by steep price increases.

The Fabric of Success: BrilliA’s CEO on Innovation, IPO, and Market Leadership

Kendrew Hartanto, CEO of BrilliA (NYSE: BRIA), shares how the company stitched its path to IPO and redefined leadership in women’s undergarments.

Big Business This Week: Oracle soars as it cashes in on the AI boom

Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?

Why are Marvel movies losing more money, lately?

Ever since Disney paid $4 billion for the Marvel franchise in 2009, their movies have been making less and less money. What’s going on?

Klarna shares jump 30% on Wall Street debut

Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..

Load More