US Economy

TL/DR - The article criticizes Treasury Secretary Janet Yellen for her role in implementing economic policies that have allegedly harmed the American middle class. It argues that although Yellen acknowledges inflation has decreased, it remains higher than before the pandemic and she omits her contribution to the inflation through advocating for…

TL/DR - The Greater Cincinnati region could significantly improve its air quality, create jobs, achieve carbon neutrality, and save taxpayer money by tapping into the federal funding from the Inflation Reduction Act. The Climate Pollution Reduction Grant (CPRG), part of the act, could provide up to $500 million for solar panel installation on…

TL/DR - LG Energy Solution's Q4 ended with slower than expected results due to weaker EV demand. The company's operating profits rose by 42% year-over-year to $258 million, which was significantly lower than the predicted $464.1 million, and revenue declined by 6.3%. Despite the disappointing results, LG continues its $1.7 billion expansion in…

TL/DR - The New York State Energy Research and Development Authority (NYSERDA) filed a report on the impacts of the federal Inflation Reduction Act on the state’s solar program, NY-Sun. NYSERDA proposed using previous funding to support the generation of an additional 557 MW to 1,254 MW of solar capacity under six different scenarios. Despite…