Inflation Reduction Act

TL/DR - Over the past month, the Biden administration has spent $37 billion of the $110 billion in grant funds from the Inflation Reduction Act (IRA) on climate-related projects. The funds have been used to support efforts such as replacing natural gas boilers in ice cream factories with climate-friendly ones, assisting a manufacturing plant that…

TL/DR - The article discusses the impact of price changes on the sales of electric vehicles (EVs) in the U.S. It mentions that when the prices of items like cars are lowered, their sales improve. However, due to changes in tax credits and other factors, the cost of EVs has increased, resulting in a decline in their sales. Impact of Price…

TL/DR - Funds from the Inflation Reduction Act will support renewable energy and fertilizer production projects for farmers and ranchers in the US, according to Secretary of Agriculture Tom Vilsack. The $124 million investment from federal legislation will partly fund the Rural Energy for America Program to help farmers and small businesses…

TL/DR - Several corporate giants including Amazon, SpaceX, and Trader Joe’s are challenging the constitutionality of the National Labor Relations Act (NLRA), which has allowed workers to bargain collectively for nearly 90 years. In addition, pharmaceutical companies like Bristol Myers Squibb, Novartis, and Novo Nordisk are opposing the Biden…