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Big news out of the federal government could be a big boon for certain automakers. The Treasury Department said yesterday it would delay releasing proposed guidance regarding the sourcing of EV batteries that are part of the Inflation Reduction Act’s (IRA) new $7,500 EV tax credit. The IRA’s rules regarding the EV tax credit require that $3,750 of the credit is only eligible if 40% of the value of the critical minerals in the battery have been “extracted or processed” in the U.S., or a… Source link

Netflix’s (NFLX) new ad-supported offering appears to be undergoing some growing pains. According to a new study by subscription analytics firm Antenna, cited by The Wall Street Journal, the streaming giant’s $6.99 ad-supported offering was the least popular tier of its service during the month November. The ad tier, which officially debuted in U.S. markets on November 3, accounted for just 9% of Netflix sign-ups during the month. About 57% of those ad-supported subscribers re-joined the… Source link

This site may earn affiliate commissions from the links on this page. Terms of use. Google is preparing to bring end-to-end encryption (E2EE) to Gmail accounts accessed via web browser—but not everyone will get to enjoy the new feature. According to an announcement from Friday, only Google Workspace users will experience new E2EE email protections when they’re swapping messages back and forth. Now through Jan. 20, Workspace Enterprise Plus, Education Plus, and Education Standard… Source link

Traditional guidance says not to spend more than 4% of your retirement savings in the first year to protect yourself from running out of money in your golden years. A new recommendation puts that figure at 3.8% with a 30-year time horizon, according to researchers at Morningstar Inc., a half-point higher than the 3.3% withdrawal they recommended in 2022 due to expectations for lower future investment returns. That means if you retire this year with a $640,000 portfolio invested 50% in stocks… Source link

Traditional guidance says not to spend more than 4% of your retirement savings in the first year to protect yourself from running out of money in your golden years. A new recommendation puts that figure at 3.8% with a 30-year time horizon, according to researchers at Morningstar Inc., a half-point higher than the 3.3% withdrawal they recommended in 2022 due to expectations for lower future investment returns. That means if you retire this year with a $640,000 portfolio invested 50% in stocks… Source link

Screenshot: Pranay Parab You may have noticed an increasing number of websites that now display a “Sign In With Google” pop-up every time you open the page. While it can be helpful if you use your Google Account to log into that site, you likely have plenty of sites (if not the majority) you don’t use “Sign in with Google” for, rendering these alerts useless. If you don’t want to use Google’s sign-in across all sites, there are a couple easy ways to block these pop-ups across… Source link

U.S. stocks turned higher in volatile trading Tuesday as investors attempted to thwart losses from stretching into a fifth day. A hawkish move by the Bank of Japan to adjust the cap on its 10-year government bond yield rattled markets in early trading, with investors worried aggressive monetary tightening by central banks around the world may cause a global recession. Last week, the U.S. Federal Reserve, European Central Bank, and others raised interest rates. The S&P 500 (^GSPC) inched up… Source link

Google is improving how Google search presents information in two languages, alongside developing its voice search feature to understand inquiries that use a mix of languages. Search results in the knowledge graph box and some sections like “Top stories” and “People also ask” will be displayed in both English and Hindi in Hindi-speaking regions of India, regardless of which language the user used to make the search. The new bilingual search function is available in India first with… Source link

Wells Fargo is predicting big things for Disney’s (DIS) sports network ESPN in 2023. In a new note published on Tuesday, Wells Fargo analyst Steve Cahall outlined the firm’s top predictions for the media business in 2023, and made a big call about the future of ESPN under Bob Iger’s leadership at Disney. “DIS will begin the spin-off process for ESPN & ABC including launching ESPN in streaming a la carte,” Cahall wrote. “Cost rationalization and balance sheet options are critical to reaching… Source link

A growing chorus of Wall Streeters covering Tesla’s stock are becoming more cautious on the name heading into 2023, adding to a brutal month and year. EvercoreISI analyst Chris McNally slashed his price target on Tesla’s stock to $200 from $300 on Tuesday, joining bearish takes in the past week from Goldman Sachs, Wedbush, and Oppenheimer. “While we continue to view Tesla as having a leading EV gross margin advantage from global scale, vertical integration, and US IRA [Inflation Reduction Act]… Source link