How top-selling electric vehicles will be affected by new tax credit

While the proposed expansion of EV tax credits sounds like good news for the automakers, several requirements have now been introduced that have the automakers claiming 70% of EVs and PHEVs (plug-in hybrid EV) will not qualify for the credit, and it could get worse from there.

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  Automakers say U.S. Senate bill will jeopardize 2030 EV targets

  Reuters
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  Tesla, EV Makers Stand to Get Billions for Factories From Senate Bill

  The Wall Street Journal

‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today's economy. Here are 3 stocks she likes now

The super investor still sees opportunities ahead.

‘I am quite embarrassed and remorseful’: SoftBank CEO plans widespread cost cuts as tech investments suffer, leading to a $23 billion loss

“When we were turning out big profits, I became somewhat delirious, and looking back at myself now, I am quite embarrassed and remorseful,” SoftBank’s CEO admitted at a press conference on Monday.

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  SoftBank plans Vision Fund job cuts after record net loss

  Reuters
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  With Record losses, SoftBank Pledges Another Return to ‘Discipline’

  The Wall Street Journal

How Much Should I Have in My 401(k) at 50?

Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.