Inflation Reduction Act of 2022

Plug Power Inc. (NASDAQ: PLUG) reported Wednesday fourth-quarter revenue that missed expectations but the company reaffirmed its 2023 sales forecast. The Plug Power Analyst: KeyBanc Capital Markets analyst Sangita Jain retained its Overweight rating and reduced the price target from $31 to $...

President Joe Biden is set to deliver his State of the Union on Tuesday at 9 p.m. EST. A preview of the address released by the White House showed that Biden is likely to clamor for measures that may not go down well with corporations and their shareholders as well the wealthiest individuals....

President Joe Biden said Thursday he would veto any bill passed by the newly Republican-led House of Representatives that would significantly reduce IRS funding and raise taxes on middle-class Americans. What Happened: Biden spoke about the economy and the White House's efforts to combat...

The Health Care Select Sector SPDR Fund (NYSE: XLV) ended 2022 with a modest loss of 2.08%, a relative outperformance vis-a-vis the broader S&P 500 Index, which shed close to 20%. What Happened: CNBC “Mad Money” host Jim Cramer on Tuesday took to Twitter to suggest there could be...

Today's runoff election in Georgia between incumbent Democrat Senator Raphael Warnock and Republican Herschel Walker is expected to have a direct effect on the stock market. For example, Republicans have indicated a plan to repeal President Joe Biden's Inflation Reduction Act of...

Now that President Joe Biden signed the Inflation Reduction Act, the agriculture industry is anticipating roughly $20 billion in subsidies over the span of 10 years to encourage farmers and ranchers into using environmentally friendly practices to reduce carbon emissions. Although...

With the support of Senator Kyrsten Sinema, Democrat lawmakers were able to secure sufficient votes for a new tax that will be introduced as part of the Inflation Reduction Act of 2022. The bill will now include a 1% tax on corporate stock buybacks. The tax is expected to alter the way companies...