California pauses home energy rebate program amid Trump funding freeze

California pauses home energy rebate program amid Trump funding freeze


Key Points
  • California paused an energy rebate program for consumers who make their homes more energy efficient, due to a federal funding freeze imposed by the Trump administration.
  • The Home Energy Rebate program was created by the Inflation Reduction Act, which President Biden signed in 2022.
  • The law offered consumers up to $8,000 of Home Efficiency Rebates and up to $14,000 of Home Electrification and Appliance Rebates.



Source

Stocks making the biggest moves midday: Fannie Mae, Boston Scientific, Blackstone, Palo Alto Networks and more
Finance

Stocks making the biggest moves midday: Fannie Mae, Boston Scientific, Blackstone, Palo Alto Networks and more

Check out the companies making the biggest moves in midday trading: Fannie Mae , Freddie Mac — Shares of the mortgage financing companies rallied after Pershing Square Capital Management’s Bill Ackman said in an X post late Sunday that the stocks are “stupidly cheap.” The billionaire investor suggested shares could rise 10-fold. Shares of Federal […]

Read More
Bill Ackman says it’s one of the best times in a long time to buy quality stocks
Finance

Bill Ackman says it’s one of the best times in a long time to buy quality stocks

Key Points Bill Ackman urged investors to look past macro fears and lean into what he sees as deeply discounted opportunities. His bullish stance comes at a time when markets have been rattled by rising energy prices and sticky inflation concerns. Source

Read More
Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year
Finance

Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year

Key Points Federal Reserve Governor Stephen Miran continued his campaign for lower interest rates, telling CNBC that policymakers should disregard the current energy price spike. He told CNBC that he continues to think “we could be about a point easier, gradually done over the course of a year.” Source

Read More