Tesla on Saturday once again cut prices on several of its models for the U.S. market, as part of around-the-world price cuts. Given the cuts, anyone considering the Model 3 and Model Y in the U.S. may want to take a fresh look at the numbers. The base price of the Model Y rear-wheel drive has dropped $2,000 versus last week, to $44,630, while the
(The Center Square) – A financial transparency expert is downplaying news that Illinois has received another credit adjustment from a credit reporting agency. Moody’s Investors Service revised the Illinois’ outlook from “stable” to “positive,” citing continued improvement in fund balance and budget reserves. Moody's added that the positive outlook hinged on the possibility of continued growth in state revenue. "We’ve had nine consecutive credit upgrades and we...
Businesses consider several factors when deciding where to invest, and it’s no secret that one of the most important considerations is taxes.
S&P Global said in a statement that Israel's long-term foreign and local currency sovereign credit rating was slashed from AA- to A+, with geopolitical tensions being cited as the reason for the d
Even with tougher solar programs, going solar in Nevada can be incredibly beneficial.
Hawaii taxpayers could be seeing phased state income tax cuts that over eight years amount to the biggest reduction in state history.
In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies throughout 2023. While businesses initially weathered the storm with government support measures during the pandemic, the subsequent withdrawal of these initiatives combined with macroeconomic pressures drove insolvency rates to new heights. The economic downturn resulted […]
Iranian commentators and media anticipate a gloomy year ahead for the country’s economy, largely attributing the outlook to government inefficiency and the immense pressure of US sanctions.
The Kansas Senate was unable to secure enough votes to override Governor Laura Kelly’s veto of a bipartisan tax cut package. The House had voted 104 to 15 to override the veto, which had the necessary majority,
Boeing has been under heavy regulatory scrutiny and lowered production of
Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's production and cashflow. The ratings agency, which reaffirmed its "BBB-" long-term issuer default rating, said it could stabilize the outlook if Boeing liquidates over 100 of its pre-2023 built 737 MAX and half of its 787 inventories by early 2025, along with increasing production of its MAX jets towards 38 per month. Fitch's downgrade follows...
(The Center Sqquare) – As legislators return for the final weeks of session, the budget will be top of mind, but there may also be more tax credits to consider. At a recent Senate Revenue Committee, a tax credit for the music industry was discussed. State Sen. Sara Feignholtz, D-Chicago, said it’s needed, especially after the pandemic. “This sort of sector of musicians really suffered and is still lagging in their recovery,” she told the Senate Revenue Committee....