Ryanjlane | E+ | Getty ImagesRebates tied to home energy efficiency and created by the Inflation Reduction Act may start flowing to many consumers within months. The federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories and tribes, which must apply for the funding. The...
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IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world's busiest shopping districts.Nikada | E+ | Getty ImagesThe International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven "surprisingly resilient" despite...
VW workers in Tennessee vote to join UAW in historic win for Detroit union
Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024. Kevin Wurm | The Washington Post | Getty ImagesVolkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an automaker...
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Workers deliver drinks to a pub in the City of London, UK, on Tuesday, April 16, 2024. Bloomberg | Bloomberg | Getty ImagesInflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on Wednesday, but a set of higher-than-expected figures spurred investors...
If you’re investing in the AI theme for the long haul, here’s how to pick the winners
Fotografielink | Istock | Getty ImagesArtificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022.Since then, investors have poured money into all things related to AI as they hunt for the next big winners. In 2023, a group of major technology players dubbed...