Tesla delivered over 386,000 electric vehicles in Q1 (January-March) 2024, according to Business Wire. Now, the company is turning its focus to the next innovation: the Robotaxi. In a post on X, formerly known as Twitter, Tesla CEO Elon Musk (@elonmusk) announced the new unveil date for the Robotaxi: August 8, 2024. Tesla Robotaxi unveil […]
Tag: subsidized
COVID funding that subsidized internet costs ends; here’s how you can still get discounts
More than four years after the COVID-19 pandemic began, yet another federally funded pandemic-era program is ending. The Federal Communications Commission announced on Friday that its Affordable Connectivity Program no longer has the money to continue. The program — which offered $30 to $75 per month toward household internet bills and a one-time discount on […]
Egypt Needs to Raise Price of Subsidized Bread, PM Says
(Bloomberg) — Egypt needs to increase the price of subsidized bread to reflect its true cost to the government, Prime Minister Mostafa Madbouly said. Most Read from Bloomberg Madbouly, speaking during a tour of an Alexandria factory, also said the government will pay between 20%-25% of the arrears to foreign oil companies in the coming […]
State doles out millions in funding for subsidized housing units. See where they are.
PROVIDENCE − A bevy of income-restricted housing projects, and units in market-rate projects, received promises of grants and loans on Thursday, after RI Housing awarded millions in loans and tax credits, valued at over $100 million. Housing Secretary Stefan Pryor, chairing the meeting, said the 1,000 units financed is not “trivial.” There will be another […]
Algeria’s government pushes staples to subsidized markets to stave off Ramadan shortages
ALGIERS, Algeria (AP) — Algeria’s government has flooded newly opened markets selling subsidized goods with pantry staples to stave off shortages during Islam’s holy month of Ramadan, when demand typically increases in Muslim-majority countries and prices tend to rise. Authorities have moved to increase food and fuel imports and also limit exports, hoping to meet […]
Biden Administration Job Growth Numbers Are Subsidized By Record Numbers Of Government Jobs — 25% of New Jobs Are In Government
In 2023, the U.S. job market experienced a trend where nearly 25% of all job gains were attributed to government positions, underscoring a significant reliance on public sector employment to sustain economic growth. This development is particularly striking given the broader context of a thriving economy, marked by impressive job additions and the robust performance […]
City looks to create subsidized housing through vouchers
NEW YORK — The Adams administration is launching a new initiative that aims to use city vouchers for homeless New Yorkers to create subsidized housing in market-rate buildings. Under the program first reported by POLITICO, nonprofits contracting with the city can lease buildings from private landlords for up to nine years, before renting those apartments […]