Category: limit
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US may hit new debt limit as early as Jan 14, Yellen says
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Written by Jasper Ward and Kanishka Singh WASHINGTON (Reuters) – The U.S. Treasury may need to take “extraordinary measures” by January 14 to prevent the United States from defaulting on its debt, U.S. Treasury Secretary Janet Yellen told lawmakers in a letter on Friday. Yellen urged lawmakers in the US…
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US House passes bill targeting China that would limit EV tax credits By Reuters
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By David Shepardson WASHINGTON (Reuters) – The U.S. House of Representatives narrowly approved legislation on Thursday to tighten rules limiting Chinese content in vehicles eligible for U.S. electric vehicle tax credits. The House voted 217-192 to approve the bill, which has not been taken up in the Senate, to tighten…
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Gen Z is embracing ‘underconsumptioncore’ to limit spending and alleviate anxiety
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Finally, it’s cool to still be wearing the clothes you bought in middle school and showing off your tiny apartment with no art on the walls. Don’t call it bankruptcy, Gen Z says; call it “underconsumption“.” The viral hashtag on TikTok is full of young people bragging about the ways…
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Analysts say Supreme Court’s Chevron ruling may limit action on climate, EVs
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imaginima/iStock via Getty Images The recent ruling by the US Supreme Court striking down the Chevron Doctrine creates Legal and regulatory uncertainty regarding regulated facilitiesThis could make it harder for the federal government to address climate change, Moody’s credit rating agency said last week. “lack of “The lack of clarity…