The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new guidance issued Tuesday,
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.
Teachers, firefighters, police and others who earn a separate pension for government work will now get their full Social Security benefits.
The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also received pension income.
The change is estimated to raise the credit scores by an average of 20 points and could lead to 22,000 additional mortgages being approved every year, according to the bureau. Vice President Kamala Harris said in a statement announcing the rule that it would be “lifechanging” for millions of families.
The Japanese company expressed its outrage at Biden's decision to halt its takeover of U.S. Steel on Friday.
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The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.
President Joe Biden on Sunday called on incoming Democratic lawmakers who will govern in the minority to always be mindful of other people’s perspectives — even when they may be wrong.
With the new Congress set to certify President-elect Donald Trump’s election victory on Monday, a remarkable political comeback will be complete.
Hyundai Motor Group's five electric vehicle (EV) models will be subject to the U.S. tax credit program for EV purchases this year for the first time, industry sources said Thursday. According to the sources,
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.