(Reuters) – The United States is working to build resilient, diversified clean energy supply chains to protect its economic security, while guarding against the risks posed by over-concentration in a handful of countries, U.S. Treasury Secretary Janet Yellen...
BEIJING (Reuters) -Tesla Inc has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, the company said in a notice on Monday. The car company dropped the starting prices of both models by 14,000 yuan ($1,934.58). The Model Y...
Oil prices were flat on Friday, coming under pressure from a stronger dollar after U.S. inflation grew as expected in July, while the OPEC group maintained a positive outlook for global demand. Prices were also set to gain for a seventh straight week, although they...
U.S. Federal Reserve officials are in “uncharted waters” with no clear historical guide as they set monetary policy in an environment with inflation falling but no increase as yet in the unemployment rate, Richmond Fed staff said in a new research note...
Best known as the CEO of Tesla, Elon Musk also wears many other hats with titles of co-founder, owner and CEO pertaining to SpaceX, The Boring Company, Neuralink and social media platform X, formerly known as Twitter. One of the companies co-founded by Musk recently...
United Parcel Service Inc (NYSE:UPS) has lowered its full-year financial outlook and posted weaker-than-anticipated second-quarter revenue, as the logistics firm was hit by labor negotiations and weaker U.S. consumer spending. In July, UPS reached a tentative deal...
