Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions United States Economy
Posted inAutomobiles Batteries Biden, Joseph R Jr China Company Reports Driverless and Semiautonomous Vehicles Electric and Hybrid Vehicles Europe Germany Global Warming Innovation Interest Rates Musk, Elon Prices (Fares, Fees and Rates) Stocks and Bonds Tesla Motors Inc Trump, Donald J United States
Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
Eurozone Inflation Slows to 1.8%, Bolstering Bets on Faster Rate Cuts
Investors now expect the European Central Bank to lower interest rates at its next meeting in October.
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy
Fed Chair Powell Underscores That More Rate Cuts Are Coming
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”