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Israel has lashed out at plans by the United States to impose sanctions on an ultra-Orthodox Israeli military unit known as the Netzah Yehuda battalion for alleged human rights abuses in the occupied West Bank.
By Hyunjoo Jin and Ethan Wang BEIJING (Reuters) -Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs. Elon Musk’s EV maker cut the starting price […]
(Bloomberg) — Tesla Inc. has cut prices in China and the US, its two key markets, after disappointing first-quarter sales contributed to swelling inventory. Most Read from Bloomberg In China, Tesla lowered prices across its range, with the revamped Model 3 falling to 231,900 yuan ($32,000) from 245,900 previously. The Model Y was discounted to […]
AT&T, Charter, Comcast and Verizon are quietly trying to weaken a $42.5 billion federal program to improve internet access across the nation, aiming to block strict new rules that would require them to lower their poorest customers’ monthly bills in exchange for a share of the federal aid. In state . . .
Fed meeting: Dow, S&P 500 hit all-time highs as policymakers still see 3 rate cuts in 2024 MarketWatch Source link
But Wang said this might not be the case in 2024 as the U.S. dollar is expected to benefit from forecasts shifting to a soft landing for the U.S. economy rather than a recession. “The dollar probably could remain somewhat resilient,” Wang told CNBC’s Squawk Box Asia on Wednesday. It will be the U.S. presidential […]
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The last time the Fed cut rates was at the onset of the pandemic, slashing rates to near-zero levels. Fed Chair Jerome Powell explained the cuts were needed to counter the dangers that Covid posed to the economy. Before the pandemic, the Fed cut rates in 2019 as the trade war between the United States […]
Strong US growth looks set to boost Federal Reserve officials’ belief that they can afford to take their time on cutting rates, as they prepare to meet on Wednesday. The Federal Open Market Committee will almost certainly vote to leave benchmark interest rates unchanged at a 23-year high of 5.25-5.5 per cent, after a lengthy […]
WASHINGTON (Reuters) – U.S. House of Representatives Republicans are working to rein in government spending in ways that would affect many federal social programs and could have a disproportionate impact on Black Americans. Here is a rundown on some of House Republicans’ spending proposals that will be discussed as Congress attempts to avert a partial […]