Trump's Treasury Secretary nominee Paulson: Working with Musk to reduce expenses, especially by canceling green energy subsidies, has Asia's giants at a loss?

Abolishing the current Clean Energy Tax Reduction Policy in the existing 'Inflation Reduction Act' could increase tax revenue by approximately $921 billion over a decade. For Asian giants such as Toyota and Hyundai engaged in electric vehicles, wind power, and other renewable energy industries, President Trump and his allies' plan to abolish the Clean Energy Tax Reduction Policy would harm their financial condition and reduce the attractiveness of the USA market.

wallstreetcn39minutes ago

Market Flips and Falls as Meta and MSTR Fall After Earnings | Wall Street Today

Kevin Travers16:55 ET

Market Climbs, SMCI Auditors Allege Mischief on Mischief Night | Live Stock

Kevin TraversOct 30 11:59 ET

Behind the sharp drop in oil prices, jpmorgan's "confusion": where did the sudden emergence of 45 million barrels of oil in the market come from?

JPMorgan believes that global crude oil inventories are underestimated as a key factor. The additional inventories may be stored in underground facilities, causing satellite monitoring companies to be unable to accurately track specific changes. Oil industry authority Ilia Bouchouev stated that when estimating crude oil supply and demand data, investors are like groping in the dark, making it difficult to obtain accurate results.

wallstreetcnOct 30 03:52 ET

Both solar and wind energy subsidies should be cut! Potential Treasury Secretary under Trump: will work with Musk to reduce federal spending.

①John Paulson, a major donor to Donald Trump, recently stated that if he becomes the new Secretary of the Treasury of the United States, he will collaborate with tesla CEO Musk to formulate policies that significantly reduce federal spending. ②Paulson stated that all tax subsidies for inefficient and uneconomic energy sources such as cecep solar energy and wind energy should be eliminated, which will reduce fiscal expenditures.

cls.cnOct 30 03:31 ET

Nasdaq Hits Record High While Wed Earnings Are Mixed | Wall Street Today

Kevin TraversOct 29 17:25 ET