Investments and Business

Fed Governor Bowman says he is still open to raising rates if inflation doesn’t improve

Ava Stringer

Federal Reserve Governor Michelle Bowman said Tuesday that now is not yet the right time to start reducing interest rates. She added that she would be willing to raise rates…

Investments and Business

Chinese electric vehicle pioneer supports European investment amid trade tensions

Ava Stringer

Wan Gang, the visionary behind China’s electric vehicle wave, sees European collaboration as a promising way forward. HEFEI, China — Wan Gang, widely recognized as the architect of China's electric…

Investments and Business

U.S. auto sales are expected to slow in the second half of 2024

Ava Stringer

Cars are parked in the parking lot of a Chevrolet dealership in Chicago, Illinois, on June 20, 2024. A cyberattack on CDK Global, a software provider that helps dealers manage…

Investments and Business

The Bank of England keeps rates at 5.25% in a “finely balanced” decision; traders increase bets for August cut

Ava Stringer

General view of the Bank of England building in London. LONDON – The Bank of England announced its decision to keep interest rates steady at its June meeting, but described…

Investments and Business

Trade conflicts aside, Chinese companies remain active in the US market, a survey reveals

Ava Stringer

A recent survey conducted by a Chinese business group in the United States shows that Chinese companies are still interested in doing business in the United States, even if things…

Investments and Business

Cisco’s Bright Prospects for Expanding China’s Electric Vehicle Project

Ava Stringer

General view of the Bank of England building in London. LONDON – The Bank of England announced its decision to keep interest rates stable at its June meeting, but described…

Investments and Business

TikTok’s Future in U.S. Depends on Bet on First Amendment

Ava Stringer

Connected media - Linked media TikTok takes its fight to court TikTok fired the latest broadside in its battle with Washington, suing to block a law that could force the…

Investments and Business

In a Surprise, Disney+ Becomes Profitable

Ava Stringer

Connected media - Connected media When Disney reported robust earnings in February, the activist investors then circling the company essentially called it a stunt — a temporary, heat-of-battle effort to…

Investments and Business

Madrid prepara una lista de apartamentos turísticos legales

Ava Stringer

Connected media - Associated media El Ayuntamiento de Madrid quiere publicar un listado de usos turísticos legales (VUT) para que tanto ciudadanos como turistas puedan decidir dónde ubicarse, según explicó…