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UPDATE 1-Germany to hike electric car subsidies as VW launches car

Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles. According to the document, due to be discussed at a meeting of high-level government and car-company officials on Monday evening, grants for plug-in hybrids will rise from 3,000 to 4,500 euros. …read more […]

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61% of consumers are willing to add on more credit card debt this holiday season: poll

The latest CreditCards.com poll found that 61% of credit card holders will add to their existing debt this holiday season. CreditCards.com’s Industry Analyst Ted Rossman joins Yahoo Finance’s Brian Sozzi and Alexis Christoforous to break down the survey, on The First Trade. …read more […]