The Transportation Department has approved electric vehicle charging station plans for all 50 states, Washington, D.C., and Puerto Rico covering 75,000 miles of highways.
States can construct a network of EV charging stations along designated alternative fuel corridors on the national highway system and have access to more than $1.5 billion to help build the chargers.
It’s unclear how many charging stations the funds will support.
For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care.
The rare 3% decrease in monthly premiums is likely to be coupled with a historically high cost-of-living increase in Social Security benefits - perhaps 9% or 10% - putting hundreds of dollars directly into the pockets of millions of people.
Most people on Medicare will pay $164.90 a month for Part B coverage starting next year.
Futures are mixed after stocks closed mixed yesterday. The Dow Industrials fell 125 and the S&P 500 slipped 7, but the Nasdaq added 26.
