Ford and GM Rally After Treasury Announces Car Loan Interest Tax Deduction
Auto stocks surge after Treasury Secretary Bessent announces implementation of Trump's 'No Tax on American Car Loan Interest' policy allowing $10,000 annual deductions.
1198 articles found for "tax"
Treasury Implements Auto Loan Interest Tax Break: Ford and GM Hit 52-Week Highs
Treasury Secretary Bessent announced implementation of Trump's auto loan interest tax deduction, allowing up to $10,000 in annual deductions. Ford and GM shares jumped to new 52-week highs.
Student Loan Forgiveness Is Taxable Again: The 'Tax Bomb' That Could Cost Borrowers Thousands
A key tax exemption for forgiven student debt expired on December 31, 2025. Borrowers who qualify for forgiveness could now face tax bills exceeding $12,000.
Uber, Lucid, and Nuro Unveil Global Robotaxi at CES 2026: 20,000 Self-Driving Vehicles Coming
The three companies revealed a production-ready robotaxi based on the Lucid Gravity SUV. Autonomous on-road testing has begun, with rides available in late 2026.
Tesla Launches Budget 'Standard' Trims as Federal EV Tax Credit Ends
With the $7,500 federal EV tax credit gone, Tesla introduces cheaper Model 3 and Model Y Standard versions starting at $36,990 to compete with Chinese rivals.
The January Snapback: How Tax-Loss Harvesting Creates One of the Market's Most Reliable Seasonal Patterns
The January Effect may create opportunities as stocks hammered by year-end tax-loss selling rebound. Here's how investors can position for the seasonal pattern.
The EV Tax Credit Era Ends: What Electric Vehicle Buyers Need to Know in 2026
Federal clean vehicle tax credits ended September 30, 2025 under Trump's One Big Beautiful Bill. Here's what EV buyers should consider now that the $7,500 incentive is gone.
The Student Loan 'Tax Bomb' Has Arrived: What Borrowers Need to Know About 2026's New Reality
As of January 1, 2026, student loan forgiveness through income-driven repayment plans is taxable again. Borrowers with $57,000 in forgiven debt could face a $12,000 tax bill.
Tesla's Robotaxi Narrative Takes Center Stage: Why Wall Street Says Vehicle Deliveries Are 'Losing Importance'
After Tesla's Q4 delivery miss, major analysts including Barclays and Wedbush are pivoting focus to Full Self-Driving and robotaxi as the key metrics for 2026.
The EV Tax Credit Cliff: How Ford and GM Are Navigating the Post-Subsidy Reality
With the $7,500 federal EV tax credit expired, Ford and GM face a dramatically different landscape. Here's how Detroit's giants are pivoting.
Social Security's 2026 Overhaul: What the 2.8% COLA and New Tax Breaks Mean for 75 Million Americans
Social Security benefits rise 2.8% in 2026, adding $56 monthly for average retirees. Plus, a new $6,000 tax deduction helps seniors keep more of their benefits.
The Senior Bonus Deduction: How Retirees Can Claim Up to $12,000 in New Tax Savings
The One Big Beautiful Bill Act created a new $6,000 tax deduction for seniors 65+. Here's how to maximize this benefit and reduce your 2025 and 2026 tax bills.