Tag: Washington news
The Fed sees its inflation fight as a success. Will the public eventually agree?
WASHINGTON -- With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all...
AI is helping shape the 2024 presidential race. But not in the way experts feared
WASHINGTON -- With the 2024 election looming, the first since the mass popularization of generative artificial intelligence, experts feared the worst: social media...
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
WASHINGTON -- The GOP-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say...
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
WASHINGTON -- The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials...
Oversight board says it will help speed up projects to fix Puerto Rico's electric grid
SAN JUAN, Puerto Rico -- A federal control board that oversees Puerto Rico’s finances announced Wednesday that it will step in to help...
Treasury rule would expand tax credits for installing electric vehicle chargers
WASHINGTON -- The Biden administration is moving to clarify how homeowners and businesses can receive lucrative tax credits for installing electric vehicle chargers.A...