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Technology

Trump team puts EV tax credit on the block, Tesla is on board: Report

Ending the tax credit is not something the incoming administration can do via executive action—Congress controls government spending, and this would require new legislation. But the budget reconciliation process results in bills that cannot be filibustered, and Reuters says that the Trump transition team will likely use this route as part of a larger revamp […]

Business & Finance

AI-Powered Private Credit Will Shape The Future Of Lending

Creative engineering, vintage illustration of the head of a man with an electronic circuit board for … [+] a brain, 1949. Screen print. (Illustration by GraphicaArtis/Getty Images) Getty Images Good times are rolling in private credit: more flexible terms and fewer regulations have made it easier to access and underwrite businesses that have been left […]

Business & Finance

Does Africa need its own credit rating agency?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Africa’s debt problems were high on the agenda at last week’s IMF-World Bank meetings. Around 20 low-income African nations are either bankrupt or at high risk of debt distress. And across the continent, high interest […]