Republican senator introduces bill to kill EV subsidy

Republican Senator John Barrasso introduced a bill to eliminate the $7,500 tax credit for electric vehicles. The bill aims to stop subsidizing what Barrasso calls “luxuries of the nation’s elite” and curb Chinese influence in the EV market. A member of Republican leadership in the U.S. Senate on Wednesday introduced legislation to get rid of…

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Fed likely to maintain rates

The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal Reserve would not cut interest rates anytime soon, while CVS Health and Gilead Sciences rallied after upbeat quarterly reports. Nvidia NVDA.O and Amazon AMZN.O dipped more than 1%, with the two AI computing heavyweights weighing on the S&P 500 .SPX. U.S. consumer…

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See list of OKC schools closed, virtual on Wednesday

Several Oklahoma schools are canceling school or shifting to virtual or remote learning on Wednesday, Feb. 12 due to the threat of severe weather. Check below for any changes or cancelations for local schools organized by district. ➤ Weather alerts via text: Sign up to get updates about current storms and weather events by location OKC road…

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Trump, joined by Musk, orders up major cuts to US workforce

WASHINGTON ― Joined by Elon Musk in the Oval Office, President Donald Trump signed an executive order Tuesday that seeks to “significantly reduce the size of government” by instructing heads of federal departments and agencies to undertake plans for “large-scale reductions in force.” Trump’s newest order directs the federal government to implement a “workforce optimization…

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