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Ink Business Cash® Credit CardThe Ink Business Preferred® Credit Card is the bigwig of the Chase Ink family. Both Ink cards offer similar benefits, but the Ink Business Preferred® Credit Card offers two stand-out protections that the Ink Business Cash® Credit Card does not. Ink Business Cash® Credit CardConsider the Ink Business Unlimited® Credit Card to be the Ink Business Cash® Credit Card's fraternal twin. Ink Business Cash® Credit CardThere's one final card in the Chase Ink family to learn about: The Ink Business Premier® Credit Card. Ink Business Cash® Credit Card Frequently Asked QuestionsIs the Chase Ink Business Cash card worth it?

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Southwest Performance Business Credit Card ReviewChase offers five co-branded Southwest credit cards with varying annual fees and benefits. Southwest Performance Business Credit Card RewardsThe Southwest® Rapid Rewards® Performance Business Credit Card offers many key benefits and features. Southwest Performance Business Card Fees and Other CostsThe Southwest® Rapid Rewards® Performance Business Credit Card charges a $199 annual fee. Southwest® Rapid Rewards® Premier Business Credit Card vs. Southwest® Rapid Rewards® Performance Business Credit CardThe Southwest® Rapid Rewards® Premier Business Credit Card is the only other small business credit card in Southwest's current portfolio. Southwest Performance Business Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Performance Business Credit Card?

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The information for the following product(s) has been collected independently by Business Insider: Bank of America® Business Advantage Travel Rewards World Mastercard® credit card, Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card, Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card, Alaska Airlines Business Credit Card, Platinum Plus® Mastercard® Business Credit Card. Best Bank of America Business Credit CardsBank of America® Business Advantage Travel Rewards World Mastercard® credit card : Best for travel rewards: Best for travel rewards Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card : Best for flat-rate cash back: Best for flat-rate cash back Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card : Best for choosing your cash back category: Best for choosing your cash back category Alaska Airlines Business Credit Card : Best for airline miles: Best for airline miles Platinum Plus® Mastercard® Business Credit Card : Best for 0% intro APR offerBank of America Business Credit Card ReviewsBank of America® Business Advantage Travel Rewards World Mastercard® credit card: Best for travel rewardsThe Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is a solid choice for a no-annual-fee business card, earning an unlimited 1.5% back for every dollar spent. Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card: Best for flat-rate cash backThe Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Credit Card is another easy-to-use product for business owners. Platinum Plus® Mastercard® Business Credit Card: Best for 0% intro APR offerThe Platinum Plus® Mastercard® Business Credit Card is the final business credit card in our roundup, and the most underwhelming offer in Bank of America's business card lineup. Bank of America Business Credit Card Frequently Asked QuestionsCan I get more than one Bank of America business credit card for my business?

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Ink Business Preferred® Credit Card FeesThe Ink Business Preferred® Credit Card has a $95 annual fee, but if you can take advantage of the bonus categories and benefits, it's well worth it. Ink Business Preferred® Credit CardThe Ink Business Cash® Credit Card is a sibling card of the Ink Business Preferred® Credit Card with very similar benefits. Ink Business Preferred® Credit CardThe Ink Business Unlimited® Credit Card is also an extremely popular credit card for small business owners, especially those who value the simplicity of relying on a single card for all business expenses. Read more about this small business credit card in our Chase Ink Business Unlimited credit card review. Chase Ink Business Preferred Frequently Asked QuestionsIs the Chase Ink Business Preferred hard to get approved for?

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CNN —On a night Republicans projected bravado around their 2024 presidential ticket, Donald Trump started his prime-time address by displaying a rare vulnerability. The former president’s son Eric Trump delivered conservative red meat, much like his brother Donald Trump Jr. had a night earlier. Little mention of Biden (by name)Trump said Thursday night that he would use Biden’s name only once. Thursday night, CNN reported that many senior-ranking White House and campaign officials now privately believe that Biden must abandon his campaign for a second term – and soon. And especially so on its final night, when the politicians mostly gave way to right-leaning celebrities.

Persons: Donald Trump, Trump, “ I’m, ”, “, ” Trump, I’m, laud, Joe Biden’s, Tucker Carlson, Eric Trump, Donald Trump Jr, bemoaned, Corey Comperatore, Butler, Comperatore, Biden, it’s, Axelrod, Melania Trump, Melania, Hulk Hogan, Kid, Dana White, There’s, Hogan, Terry Bollea, couldn’t, he’s, “ He’s, ” Hogan, – Organizations: CNN, Republican National Convention, Democratic, Trump, Gold Star, Republican, Republicans, White, Biden, RNC, Fighting, ”, Democrats Locations: Pennsylvania, Milwaukee, Butler , Pennsylvania, Comperatore, Chicago, Trump, American

American Express Blue Business Cash Card OverviewThe Amex Blue Business Cash Card earns 2% cash back on all eligible purchases, on the first $50,000 spent per calendar year (then 1% back). Compare the Amex Blue Business Cash CardBlue Business Cash vs. the Blue Business Plus CardThe Blue Business® Plus Credit Card from American Express is very similar to the Amex Blue Business Cash Card, except instead of earning 2% cash back on the first $50,000 spent each year (then 1%), it earns 2x points on the first $50,000 in purchases each year (then 1 point per dollar). Ink Business UnlimitedIf you want to stick to a business credit card that earns cash back, a good alternative to the Amex Blue Business Cash Card is the Ink Business Unlimited® Credit Card. Chase Ink Business Unlimited ReviewAmerican Express Blue Business Cash Card Frequently Asked QuestionsWhat credit score do you need for the Amex Blue Business Cash Card? Why You Should Trust Us: How We Reviewed the American Express Blue Business Cash CardThe credit card experts at Personal Finance Insider evaluated the Amex Blue Business Cash Card in comparison to other American Express business cards and competing no-annual-fee business cards.

Persons: you'll, APRs, Cash, you've, it's, It's, doesn't Organizations: American Express, Cash, Card, Amex, American, Chase, Express, Finance

The information for the following product(s) has been collected independently by Business Insider: Capital One Spark Cash Select for Excellent Credit†, Capital One Spark Cash Select for Good Credit†, Capital One Spark Miles for Business†, Capital One Spark Cash Plus†. One of these cards, the Capital One Spark Cash Select for Excellent Credit†, is designed to deliver what every business needs: cash. Capital One Spark Cash Select for Excellent Credit OverviewFor nearly every purchase you make on the Capital One Spark Cash Select for Excellent Credit†, you'll earn 1.5% cash back. Capital One Spark Cash Select for Business Annual Fee and Other CostsThere is no annual fee with the Capital One Spark Cash Select for Excellent Credit†, which is excellent news for your business' bottom line. What's the difference between Spark Cash Select for Excellent Credit and Spark Cash Select for Good Credit?

Persons: Uber, You'll, it's Organizations: Business, Credit, Business †, Capital, Business Capital, American Express, Air Canada, British Airways, Wyndham, Purchase, Excel, Mastercard, Finance Locations: U.S

Best Travel Business Credit Card Overall: Ink Business Preferred® Credit CardThe Ink Business Preferred® Credit Card is a fantastic jack-of-all-trades business credit card for many small business owners. Best Business Credit Card for High Spenders: Capital One Venture X Business Card†The Capital One Venture X Business Card† is a newcomer on the business credit card scene that heavily rewards big spenders. Best Business Credit Card for Unlimited Flat-Rate Cash Back or Chase Ultimate Rewards®: Ink Business Cash® Credit CardThe Ink Business Cash® Credit Card is a no-annual-fee business credit card that earns generous cash back on business-related categories while providing useful perks such as purchase and extended warranty protection. Read our full Southwest Performance business credit card review to learn more about this business credit card. Business Travel Credit Card Frequently Asked QuestionsWhat makes a business credit card ideal for travel?

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☆ 8 of the biggest stock market crashes in history — and how they changed our financial lives
▼ + stars: | 2024-07-19 | by ( Rebecca Reisner | Richard Richtmyer | ) www.businessinsider.com time to read: +20 min

While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers. Here's a summary of eight of the most notable stock market crashes in history, their causes, and their fallout. Stock market crash FAQWhat happens when a stock market crashes? Numerous things can cause a stock market to crash, including:PanicNatural or man-made disastersEconomic crisesSpeculationCan a stock market crash be prevented? Unlike a bear market, stock market corrections are often short and usually work themselves out.

Persons: It's, Terry Marsh, Here's, Stocks, Carola Frydman, J.P, Morgan, —, Blair Hull, Alan Greenspan, Marc Chandler, Marsh, weren't, Tyler Muir, Thai bhat, Paula Bronstein, Stringer, Chandler, chipmaker, WebVan.com, Muir, The, Lehman Brothers, NICHOLAS ROBERTS, homebuyers, Bear, Lehman, Fannie Mae, Freddie Mac, Dodd, Frank Wall, Europe —, Italy — Organizations: Federal Reserve System, SEC, FDIC, Haas School of Business, University of California, Federal Reserve, United Copper Company, UCC, Kellogg School of Management, Northwestern University, Federal, System, Dow Jones, Gross, Federal Deposit Insurance Corporation, Securities and Exchange Commission, Dow, Nasdaq, Chicago, Black, Bannockburn Global Forex, UCLA Anderson School of Management, Getty, Asia, International Monetary Fund, chipmaker Qualcomm, The Sarbanes, Oxley, Investors, Financial, Bear Stearns, Lehman Brothers, Nikkei, US, Asset, Frank Wall Street Reform, Consumer, Consumer Financial, Dow Jones Industrial, Center, Budget, Stock, Corrections Locations: University of California Berkeley, AFP, Iran, Bannockburn, Japan, Thai, Asia, Thailand, Malaysia, Indonesia, South Korea, COVID, China, Europe, Italy, Chevron

The Signify Business Cash℠ Card by Wells Fargo is a no-annual-fee business credit card that simplifies earning and redeeming points and miles. The issuer is also starting from scratch with its small business cards — the new Signify Business Cash℠ Card by Wells Fargo is the only business credit card available through Wells Fargo right now. The American Express Blue Business Cash™ Card vs. the Signify Business Cash℠ CardThe American Express Blue Business Cash™ Card is a similar no-annual-fee competitor that can work well if you want to build a business relationship with Amex. Wells Fargo Signify Business Card Cardholder InsightsSome savvy individuals online have discovered that Wells Fargo appears to be introducing a line of Signify business cards, with the Signify Business Cash℠ Card potentially being just the first of several. Wells Fargo Signify Business Card Frequently Asked QuestionsWhat is the Wells Fargo Signify Business Cash Credit Card?

Persons: Wells, Wells Fargo, cardholders, You'll, — Organizations: Business, Mastercard, Theft, Capital, American Express, Express, Cash, American, Ink, Chase, Chase Sapphire, Chase Travel, United Airlines, Citi Locations: Wells Fargo, Wells, United States, Hyatt, Southwest, United

The IHG One Rewards Premier Business Credit Card has the highest potential value of any IHG credit card. IHG One Rewards Premier Business Credit Card RewardsIHG Business Credit Card welcome bonus offerThe IHG One Rewards Premier Business Credit Card offers a huge 140,000 bonus points after spending $4,000 on purchases in the first three months from account opening. IHG Business Credit Card Annual Fee and Other CostsThe IHG One Rewards Premier Business Credit Card charges a $99 annual fee. However, if you have other IHG credit cards, like the IHG One Rewards Premier Credit Card or the IHG One Rewards Traveler Credit Card, you're still eligible to open this card. Methodology: How we reviewed the IHG Business Credit CardBusiness Insider's credit cards team reviewed the IHG One Rewards Premier Business Credit Card in comparison to other rewards business cards for travel, particularly hotel business cards.

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The information for the following product(s) has been collected independently by Business Insider: CitiBusiness® / AAdvantage® Platinum Select® World Elite Mastercard®, Citi® / AAdvantage® Platinum Select® World Elite Mastercard®. Bottom line: The CitiBusiness® / AAdvantage® Platinum Select® World Elite Mastercard® is a good choice for small-business owners who fly American Airlines. CitiBusiness® / AAdvantage® Platinum Select® World Elite Mastercard® Insider’s Rating Info icon Business Insider's Ratings are decided by our editorial team. CitiBusiness® / AAdvantage® Platinum Select® World Elite Mastercard® review External link Arrow An arrow icon, indicating this redirects the user." Like most other cards, the CitiBusiness® / AAdvantage® Platinum Select® World Elite Mastercard® charges fees for cash advances, late payments, and returned payments.

Persons: CitiBusiness, it's, You'll, you've Organizations: Business, Mastercard, Citi ®, American Airlines, AA, Airlines, Citi, Barclays, Uber, Capital, American Airlines Admirals Club, Google, Virgin Islands, American Locations: Europe, American, AA.com, Hawaii, Canada, Virgin, Puerto Rico, United States, Hawaii , Alaska , Puerto Rico

Introduction to Business Credit Cards with No Annual FeeYou don't need to worry about paying a high annual fee to open one of the best small business credit cards. Best Business Credit Cards with No Annual Fees of June 2024The Blue Business® Plus Credit Card from American Express: Best for earning travel pointsThe American Express Blue Business Cash™ Card: Best for earning cash backInk Business Unlimited® Credit Card: Best for maximizing Chase pointsInk Business Cash® Credit Card: Best for business expenses like office supplies and internetU.S. Bank Business Triple Cash Rewards World Elite Mastercard® : Best for generous welcome bonus with 0% intro APR: Best for generous welcome bonus with 0% intro APR U.S. Bank Business Platinum Card: Best ultra-long introductory APR offerBank of America® Business Advantage Customized Cash Rewards Mastercard® credit card : Best for customizing rewards: Best for customizing rewards Bank of America® Business Advantage Travel Rewards World Mastercard® credit card : Best for travel purchases: Best for travel purchases Capital One Spark 1% Classic† : Best for Building CreditNo-Annual-Fee Business Card ReviewsPremium credit cards can offer hundreds of dollars in value, but many business owners balk at the idea of paying an annual fee on a credit card. This list highlights many of the best no-annual-fee business credit cards available in 2024, according to Business Insider's team of credit card experts. No-Annual-Fee Business Card Frequently Asked QuestionsHow do I choose the best no-annual-fee business card for me? Why You Should Trust Us: How We Chose the Best Business Credit Cards with No Annual FeesThere are lots of no-annual-fee business credit cards on the market.

Persons: You've, you'll, APRs, Cash, you've, Hilton, You'll, it's, Chase, Read, Cardholders, cardholders, EIN Organizations: Business Insider, U.S . Bank Business, Cash, Mastercard, Bank of America, Express, American Express, Chase, Ink, FDIC, . Bank Business, Rewards, EV, U.S, Bank, U.S . Bank, of America, Business, Capital, Best, Bank Business, . Bank, American, Air Canada Aeroplan, British Airways Executive Club, Marriott Bonvoy, Global, Amex, Card, Sapphire, Elite Mastercard, Merrill, Travel, Bank of America Travel Center, Credit Locations: U.S, Chevron

☆ Blinken says Iran’s nuclear weapon breakout time is probably down to 1-2 weeks
▼ + stars: | 2024-07-19 | by ( Jennifer Hansler | Kylie Atwood | ) edition.cnn.com time to read: +3 min

CNN —US Secretary of State Antony Blinken on Friday said that Iran’s breakout time – the amount of time needed to produce enough weapons grade material for a nuclear weapon – “is now probably one or two weeks” as Tehran has continued to develop its nuclear program. “Iran, because the nuclear agreement was thrown out, instead of being at least a year away from having the breakout capacity of producing fissile material for a nuclear weapon, is now probably one or two weeks away from doing that,” he said. Blinken said the policy of the US is to prevent Iran from getting a nuclear weapon, and that the administration would prefer to stop that from happening through diplomacy. The State Department also said that there is no anticipation that the recent election in Iran will change the country’s behavior. “We have no expectations that this election will lead to a fundamental change in Iran’s direction or its policies,” State Department spokesperson Matthew Miller said earlier this month.

Persons: Antony Blinken, ”, “, Blinken, Biden, Trump, Matthew Miller, it’s, that’s Organizations: CNN, Aspen Security, US Defense Department, US, International Atomic Energy Agency, IAEA, UN, State Department, The State Department, ”, “ Locations: Tehran, Iran, “ Iran, “

The information for the following product(s) has been collected independently by Business Insider: AAdvantage® Aviator® World Elite Business Mastercard®, AAdvantage® Aviator® Red World Elite Mastercard®. How to Earn Miles With the AAdvantage® Aviator® World Elite Business Mastercard®The AAdvantage® Aviator® World Elite Business Mastercard® offers significantly more opportunities to earn bonus miles than its personal card counterpart, the AAdvantage® Aviator® Red World Elite Mastercard® . AAdvantage® Aviator® World Elite Business Mastercard® Fees and CostsThe AAdvantage® Aviator® World Elite Business Mastercard® comes with a $95 annual fee. Ink Business Preferred® Credit Card vs. AAdvantage® Aviator® World Elite Business Mastercard®The Ink Business Preferred® Credit Card is Business Insider's top choice for the best small business credit card for many reasons. American Express® Business Gold Card vs. AAdvantage® Aviator® World Elite Business Mastercard®The Amex Business Gold Card is another top choice small business credit card.

Persons: you'll, AAdvantage, You'll Organizations: Business, Mastercard, American Airlines, Barclays AAdvantage, American, Qatar Airways, Etihad, Alaska Airlines, Mastercard ®, Airlines, Google, AAdvantage Miles American, Oneworld, British Airways, Cathay, Japan Airlines, Malaysia Airlines, Qantas, Royal Air Maroc, Royal Jordanian Airlines, S7 Airlines, SriLankan Airlines . American, Air, China Southern Airlines, Etihad Airways, Fiji Airways, Hawaiian Airlines, Silver Airways, Admirals Club, Virgin Islands, Inflight American Airlines, Express, Ink, American Express, Chase, Aviator, eBay, Barclays Aviator, Barclays Locations: U.S, Cathay Pacific, Finnair, Iberia, Japan, Air Tahiti Nui, Cape Air, GOL Airlines, Hawaii, Canada, Virgin, Puerto Rico, Alaska

☆ China calls for bolstering tech 'breakthroughs' and achieving the full-year growth target
▼ + stars: | 2024-07-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

China must "adapt to the new round of scientific and technological revolution and industrial transformation," an official English-language communique said. It also said China would "improve the new system for mobilizing resources nationwide to make key technological breakthroughs." The readout affirmed Beijing's commitment to balancing development with ensuring national security, and did not otherwise reveal policy changes. "I would highlight 'innovation and managed markets' as the top two keywords in the Third Plenum," Xu said. Regarding the latest plenary meeting, "we think any market-oriented reform will be measured and carried out insofar as it doesn't compromise national security," Xu said.

Persons: Hector Retamal, Liqian Ren, Tianchen Xu, Xu, Biden Organizations: AFP, Getty, BEIJING —, Communist Party's, Economist Intelligence Unit Locations: Beijing, China, WisdomTree, U.S

Introduction to yearly resetting credit card benefitsTravel rewards credit cards come with all kinds of benefits. The Southwest Rapid Rewards® Premier Credit Card ,Chase Southwest Rapid Rewards® Priority Credit Card, and Southwest® Rapid Rewards® Performance Business Credit Card all earn Tier Qualification Points (TQPs) toward elite status based on spending. Credit card referral bonusesSome credit card issuers reward you with bonuses for referring friends to apply for your specific card or another one from the same bank. Several credit card rewards apps and websites help cardholders track and utilize credit card benefits on time, with varying degrees of success. Credit card annual benefits frequently asked questionsWhat are some common credit card benefits that reset each year?

Persons: Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, cardholders, you've, There's, Chase, hasn't, Overspending, it's Organizations: Business, Hilton, Citi ®, Mastercard, JetBlue, Rapid Rewards, Marriott, Express, American Express, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Resorts, Hilton Honors, Chase, Dell, Adobe, DC, U.S, Milk Bar, Electronics, Amex Travel, Citi, American Airlines, Rewards, Rapid, Card, Hyatt Credit, Hilton Honors American, Silver Locations: Hulu, U.S

☆ Republicans Get Pumped for Trump’s Muscular Finale
▼ + stars: | 2024-07-18 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

The night Mitt Romney accepted the Republican presidential nomination in 2012, he was introduced by party stalwarts like Newt Gingrich and Jeb Bush. In 2004, George W. Bush went with Gov. Tonight, former President Donald Trump will be preceded by Kid Rock, Hulk Hogan and the chief executive of the Ultimate Fighting Championship. It is less a display of political lineage than an unapologetic show of masculine kitsch. The lineup suggests a swing back to the bellicose political style that defined Trump’s rise.

Persons: Mitt Romney, Newt Gingrich, Jeb Bush, George W, Bush, George Pataki, Donald Trump, Kid Rock, Hulk Hogan, brawn, burnish Organizations: Gov, New, Trump Locations: New York

Our comprehensive guide explores the best ways to redeem credit card points without traveling. This guide will help you understand why and when to consider doing so, and the most innovative uses for credit card rewards beyond flights and hotels. Our guide to the most popular travel rewards credit cards can help you make sense of each loyalty program and its reward "currency", while our guide to the best credit card rewards apps help you track how many points you have, and when they will expire. Credit card rewards can have somewhat complicated tax implications, especially if you choose cash-back rewards instead of for products, services, or experiences. Use credit card rewards for Amazon purchasesMany major credit card issuers including American Express, Capital One, and Chase let you use your rewards to pay for purchases on Amazon.

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Credit cards offer better purchase protection and less fraud liability compared to debit cards. Most credit cards earn at least 1% back on everyday purchases — and you can often earn much more. Tips for using credit cards to build creditYou can build credit with a credit card by following a few crucial steps. If you have a low credit score, you may consider a secured credit card for rebuilding credit. Frequently asked questions about paying with a credit cardShould I keep paying with a credit card to earn rewards if I already have credit card debt?

Persons: You've, Chase, takeout, it's, you've, they've, that's, You'll, Taylor Swift, It's Organizations: Business, Chase Travel, PayPal, Chase

Nearly free travel is possible with credit card rewardsBefore collecting credit card rewards, identify your travel goals. If you're interested in cash back, you should be using cash-back credit cards instead of travel credit cards. Award travel frequently asked questionsHow can I find the best redemption options for my points and miles? Can I book award travel for someone else using my points or miles? You can also use deal-tracking apps and award search websites to set up alerts when award travel availability opens up.

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View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.

Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, ”, Gabrielle Chase, “, we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York

☆ ‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say
▼ + stars: | 2024-07-18 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Maskot | Maskot | Getty ImagesBuying a new electric vehicle isn't the only way consumers can access a $7,500 federal EV tax credit. Perhaps the best known of them — the "new clean vehicle" tax credit — is a $7,500 tax break for consumers who buy a new EV. But many auto dealers are also passing along a $7,500 tax break to lessees, via a different (and, experts say, lesser-known) mechanism called the "qualified commercial clean vehicles" tax credit. This EV tax credit "leasing loophole" has likely been a key driver of increased leasing uptake in 2024, Barclays auto analysts said in an equity research note published in June. The $7,500 tax credit enables dealers to charge low monthly payments for leases, thereby helping "stoke demand" for EVs, Barclays wrote.

Persons: Joe Biden, —, Dealers aren't, Ingrid Malmgren, Hyundai Kia, Brian Moody, Autotrader, Moody, Malmgren Organizations: Maskot, Barclays, U.S . Treasury Department, Plug, stoke, EVs, Foreign, Toyota, Hyundai, EV, Consumers Locations: U.S, Asian, North America

☆ A North Korean defector was made a minister in South Korea, likely irking Kim Jong Un, experts say
▼ + stars: | 2024-07-18 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Tae made a high-profile defection to South Korea in 2016, and was previously an ambassador at the North Korean Embassy in London. The appointment makes him the first North Korean defector to be given a vice-ministerial job in South Korea, according to AP. Related stories"He's definitely considered a traitor of the current North Korean regime and I think that's how they'll paint it," she said. But "North Korea doesn't consider the Council to be particularly relevant," Pardo, the KF-VUB Korea Chair, told BI. Smith added: "He has been and will continue to be actively involved in campaigns that expose the North Korean government and the problems of the North Korean population."

Persons: —, Yoon Suk, Yongho, Tae, Ramon Pacheco Pardo, Sarah A ., Kim Jong, He's, Pardo, Hazel Smith, Smith, It's Organizations: Service, Korea, Advisory Council, North Korean Embassy, Business, North, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, National Assembly, CNN, Korean Studies, University of Sheffield, South Korea's National Assembly, Korea doesn't, SOAS University of London, South Korean, Korean Locations: North Korean, South Korea, London, VUB Korea, Vrije, North, Korea, North Korea

Introduction to earning credit card rewardsCredit card rewards can put cash in your pocket or help you jet off on an exciting trip. Pay down balances early to avoid a high utilization ratioAnother important credit scoring factor is your credit utilization ratio — a comparison of your revolving accounts' credit card balances and credit limits from your credit reports. Closing a card might also hurt your credit scores if it was your only credit card. There are a lot of misconceptions about how closing a credit card can impact other aspects of your credit scores. If you have more than one account to manage, you may find it helpful to use a credit card rewards app to track your rewards.

Persons: Chase, it's, cardholders, Garner Organizations: Business, American Express, Citibank, Planning, Chase, Services, Mastercard, Sapphire Reserve, Chase Travel, Chevron

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