Democrats unveil new EV tax credit proposal

WASHINGTON — Democrats in Washington want to include a significant new incentive to buy electric vehicles in their $3.5 trillion social spending bill, according to a new plan revealed Sept. 10 by the House Ways and Means Committee.

Royal Caribbean to debut world’s largest cruise ship

Florida has been the first home for each of Royal Caribbean’s Oasis-class vessels since Oasis of the Seas debuted in 2008, but was set to lose out to China for the fifth ship in the class, Wonder of the Seas. But the cruise line announced some changes that will bring the ship to the Sunshine State early next year.

Powell: Fed on track to slow aid for economy later this year

WASHINGTON — The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession.