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It’s a new year, which means it’s time for a new list of vehicles to get kicked from federal tax credit eligibility. Just like last year, EVs must be made in North America and have critical battery materials and at least 60 percent of their battery components sourced from “friendly” countries to qualify for the full $7,500 tax credit for EVs, but things just got tougher. For 2025, 60 percent of critical minerals must come from either U.S. soil or from countries America has free trade agreements with, up from 50 percent in 2025. This has the effect of shrinking…

Two states—New York and California—have recently enacted legislation implementing protections for independent contractors. Here, we compare and contrast these statutes and offer practical strategies for employers to comply with these regulations. The New York State Freelance Isn’t Free Act On November 22, 2023, New York Governor Kathy Hochul signed into law the Freelance Isn’t Free Act (NYS FIFA), a statute that provides protections and recourses for “freelance workers,” also known as independent contractors, compensated on an IRS 1099 form. New York City has had a similar law in effect since 2017 (NYC’s Freelance Isn’t Free Act), but the NYS FIFA…

New York CNN  —  Millions of Americans have watched their net worth spike since the pandemic, powered by meteoric gains in the stock market. Wall Street’s blockbuster returns — the strongest back-to-back years since the boomy Clinton years of the late 1990s — have boosted confidence and encouraged consumers to keep spending at will. Now, there are growing worries in some corners that things may be getting out of hand, that the price tag on some stocks has become untethered from reality. The fear is that this could set the stage for a market drop so painful that it endangers…

SPOKANE, Wash. (AP) — Nolan Hickman had 13 points and No. 19 Gonzaga cruised to an 81-50 victory over Portland on Thursday night in the Community Cancer Fund Classic at Spokane Arena.Ryan Nembhard added 10 points and nine assists for the Bulldogs (11-4, 2-0 West Coast Conference). Dusty Stromer scored 12, Braden Huff had 10 points and Michael Ajayi pulled down 15 rebounds.Redshirt freshman Vincent Delano was the only player in double figures for the Pilots (5-11, 0-3) with 12 points. Delano shot 6 for 16 from the field and Portland was held to 33.3% overall.Ben Gregg had four of…

The Indian Rupee attracts some sellers in Friday’s early European session.  The ongoing USD strength and worries about India’s economic slowdown continue to undermine the INR.  The US December ISM Manufacturing PMI will be closely monitored.  The Indian Rupee (INR) extends its downside on Friday after closing at its weakest level on record for the eighth consecutive session. The local currency remains under pressure as the heavy US Dollar (USD) demand in the non-deliverable forward (NDF) market has widened the arbitrage with the Indian onshore market. Additionally, the discouraging growth rate in India, a wider trade deficit, and a slowdown in…

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4 Mistakes Freelancers Make When Setting Their Ratesgetty Have you ever felt that setting freelance rates is like a high-stakes guessing game? Freelancers in the U.S. earn serious cash, with salaries ranging from $31,000 to $275,000 a year. With a pay scale as broad as that, nailing down the right number can feel like throwing darts blindfolded. And let’s face it, one wrong move could leave you overworked and underpaid. The truth is that many freelancers stumble right out of the gate when setting rates. These early missteps make it harder to make money, forecast income, and grow your business.…

GBP/USD soured on Thursday, dipping below 1.2400 for the first time since April. January just started but Cable is already on pace to end the month on a sour note. US PMI figures on Friday will round out the week’s economic calendar. GBP/USD struck a soft chord on Thursday, dumping over one percent on the outset of the new trading season and piercing through the 1.2400 handle for the first time in almost ten months. Market volumes remain thin following the midweek New Year’s holiday, but the orders coming through are on a decidedly risk-off stance. Economic data on the…

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Actress Rio Yamashita, 32, announced on January 1 that she has signed with the talent agency Content Three. After working as a freelancer for some time, she shared the news on her Instagram, stating, “I am now part of Content Three. I’ve been working solo for a while, but with the agency’s support, I hope to dedicate myself even more to my acting career. I look forward to working hard together with everyone from the agency and ask for your continued support.” Content Three also made an official announcement, expressing gratitude for Yamashita’s previous supporters and affirming their commitment to…