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US Economy

LG Energy Solution obtains IRA-compliant battery minerals

TL/DR - LG Energy Solution (LGES) has signed an agreement with lithium supplier Liontown to secure Inflation Reduction Act (IRA) compliant battery minerals. The convertible note subscription agreement extends LGES's existing five-year offtake agreement by an additional 10 years, providing 700kt of spodumene concentrate over the first five years…

Fleming: Rebates, Credits Can Aid Home Improvements

TL/DR - The Biden-Harris administration's "Investing in America" agenda is reducing costs for American families through the Inflation Reduction Act, which supports clean energy and climate action. The Act facilitates tax credits for home improvements that save energy and increase business for local manufacturers, contractors, and stores, leading…

Q&A: Ed Case, US House 1st District Candidate

TL/DR - Ed Case, a Democratic candidate for U.S. House 1st District in Hawaii, discussed key issues of his campaign, including high costs of living, gun violence, political polarization, financial stability of safety net programs, climate change, foreign policy, and military presence in Hawaii. Case proposed strengthening supply chains,…

750,000 Americans Eligible for Medicare Rebate

TL/DR - The US government has started offering savings on prescriptions for 64 different medications under Medicare Part B, which could help more than 750,000 Americans. Approved as part of the Inflation Reduction Act by the Biden administration, the Medicare rebate program aims to lower drug costs amid high inflation and will be available until…