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A federal tax break worth up to $7,500 for new EVs and up to $4,000 for used ones expires Sept. 30, but new Internal Revenue Service guidance says shoppers can still qualify if they sign a binding contract and make a payment before the deadline, even if the car is delivered later.Previously, eligibility was tied to the delivery date. That meant even if a buyer signed a contract before Sept. 30, they could lose the credit if shipping delays pushed delivery into October.The tax break is still only claimed once the buyer takes possession of the vehicle, but the qualifying…

Federal Reserve Board Governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, her attorney said Tuesday.”President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” the lawyer, Abbe Lowell, said in a statement, a day after Trump cited allegations of mortgage fraud by Cook in firing her.”His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis,” Lowell said.”We will be filing a lawsuit challenging this illegal action.”White House spokesman Kush Desai, in a statement, said, “The President exercised his lawful authority to remove a governor on…

Bayer Leverkusen have announced the signing of the five-time Champions League winner Lucas Vázquez on a two-year contract.Vázquez, 34, was available as a free agent after leaving Real Madrid this summer.The wide player — who has featured predominantly at right-back in recent seasons — won a total of 23 trophies in a decade at the Bernabéu, becoming one of the LaLiga club’s captains.Vázquez’s contract at Leverkusen will run until June 30, 2027, and he will wear the No. 21 shirt, the Bundesliga club said.Lucas Vázquez will play under Erik ten Hag at Bayer Leverkusen. Jörg Schüler/Bayer 04 Leverkusen via Getty Images”We…

SAN JUAN, Puerto Rico (AP) — A plan to restructure more than $9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders terminated their deal with a federal control board overseeing the U.S. territory’s finances.The deal would have allowed Puerto Rico’s government to pay creditors $2.6 billion instead of the full $8.5 billion that some bondholders are demanding.BlackRock Financial Management and other investment funds had agreed to the board’s deal and its subsequent amendments two years ago. But they walked away after the Trump administration terminated all but…

Investors wondering what President Donald Trump’s move to fire Federal Reserve Governor Lisa Cook might mean for financial markets today can look back half a century for some insight. President Richard Nixon, aiming to clinch a second term in the White House, pressured then-Fed Chair Arthur Burns to loosen monetary policy before the 1972 election. Tape recordings of Oval Office discussions show Nixon, who went on to resign in 1974 for abuses tied to the Watergate scandal, used both direct and indirect actions to coerce Burns . More than 50 years later, Nomura currency strategists led by Craig Chan said…

NEW YORK (AP) — A conservative election researcher whose faulty findings on voter data were cited by President Donald Trump as he tried to overturn his 2020 election loss has been appointed to an election integrity role at the U.S. Department of Homeland Security.Pennsylvania activist Heather Honey is now serving as the deputy assistant secretary for election integrity in the department’s Office of Strategy, Policy and Plans, an organizational chart on its website shows.The political appointment, first reported by Democracy Docket, shows how self-styled election investigators who have thrown themselves into election conspiracy theories since 2020 are now being celebrated…

The new diamond on Taylor Swift’s wedding ring finger reflects her vintage-loving heart in a brilliant cut dating to 18th-century candlelight.A close-up of the sparkler Tuesday was among five photos that accompanied Swift’s engagement announcement with beau Travis Kelce on Instagram. The ring was designed by Kindred Lubeck, a representative for the pop star confirmed.The diamond is an old mine brilliant cut, said Tree Paine, Swift’s publicist. She provided no further details.Lubeck, who is based in New York and operates Artifex Fine Jewelry, is the daughter of Jay Lubeck, a well-known goldsmith in Neptune Beach, Florida. Swift showed off her…

The logo for Cracker Barrel Old Country Store is seen on a sign along Interstate 80.Paul Weaver | SOPA Images | Getty ImagesCracker Barrel Old Country Store will scrap its controversial rebranding plan, the family restaurant chain announced Tuesday.The company also communicated the plan directly to the White House, prompting congratulations from President Donald Trump, who had called for the move earlier Tuesday.”We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,” the company said in a…

In an aerial view, a container ship arrives at the Port of Oakland on August 1, 2025 in Oakland, California. Justin Sullivan | Getty ImagesThe Trump administration’s latest escalation of the trade war with China has drawn several parallels to its origins back in 2018.However, there is a significant difference: the degree to which U.S. companies looked to avoid rising tariffs by racing to bring in more and more products from China ahead of them.When comparing the peak of frontloading that occurred in 2018 compared to 2025, U.S. shippers imported more than double the percentage of Chinese exports this year,…

RIVERSIDE, Calif. (AP) — The parents of a missing 7-month-old boy in Southern California have been charged with murder.The Riverside County District Attorney’s office charged Jake Haro, 32, and his wife Rebecca Haro, 41, in the death of their son Emmanuel, according to court papers filed Tuesday. They are also charged with filing a false police report, which is a misdemeanor.The Haros were scheduled to be arraigned later Tuesday. It wasn’t immediately known if they had lawyers.The boy hasn’t been found, and authorities said they believe he is dead.Last week, the couple urged the public to help find their son.…