Wall St Struggles For Direction After Hawkish Remarks From Fed’s Powell
By Sruthi Shankar and Ankika Biswas (Reuters) – U.S. stocks struggled for direction on Thursday as investors digested hawkish remarks…
September 2022
Airbus Confirms Cancellation Of Remaining Qatar A350 Orders
(Reuters) – Airbus on Thursday confirmed it had revoked all remaining A350 orders from Qatar Airways, raising the stakes in…
As housing market cools, homebuyers regain leverage
LOS ANGELES (AP) — Years of soaring home prices and sharply higher mortgage rates remain hurdles for many would-be homebuyers,…
Tesla To Host Town Hall Event Near Brandenburg Plant On Sunday
FRANKFURT (Reuters) – Tesla will launch an open-door event on Sunday for its workers to inform local residents about the…
Exclusive-German Economy Ministry Reviews Measures To Curb China Business
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Germany’s economy ministry is considering a raft of measures to make…
Powell: Higher rates unlikely to cause deep US recession
WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now, in the early…
Social Media Firms To Testify At U.S. Senate Homeland Security Hearing
By David Shepardson WASHINGTON (Reuters) – The U.S. Senate Homeland Security and Governmental Affairs Committee will hold a hearing Wednesday…
Cheaper electric vehicles coming despite high battery costs
WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that…
Euro, Bonds Steady As ECB Delivers Unprecedented 75 Bps Rate Hike
(Reuters) – The euro and government bond yields were broadly steady on Thursday after the European Central Bank hiked its…
Summer of ’22 brought record heat, solar power to Europe
BERLIN (AP) — Europe smashed previous temperature records this summer, with long periods of sunshine causing sweltering conditions and droughts…