Credit

Tesla and Ford Race to Sell More EVs Before the Tax Credit Goes Away

Tesla and Ford have a simple message for EV buyers after President Donald Trump’s Big Beautiful Bill passed — buy, buy, buy.Automakers are racing to capitalize on a last-minute scramble from customers looking to snap up EVs before the crucial $7,500 tax credit expires later this year.With Trump’s tax and…

Jamie Dimon Scored a Win in the Debate Over Private Credit Risks

The CEO of America’s largest bank has long been skeptical of the rise of private credit, even as JPMorgan Chase jumps on the nonbank lending bandwagon in an effort to compete.”I think that people who haven’t been through major downturns are missing the point about what can happen in credit,”…

Airlines Warn Credit Card Legislation Could End Frequent-Flier Rewards

Airlines, labor unions, and manufacturers have written to senators warning that a bill about credit cards being proposed by senators could damage the aviation industry by weakening airline loyalty programs.United Airlines, American Airlines, Southwest Airlines, Airbus, and Boeing are among the signatories of Monday’s letter.The campaign, led by the trade…