Boeing will be bringing back its Starliner capsule from the International Space Station empty, despite initially delivering NASA astronauts to orbit in early June. This decision comes as a surprise, given that Starliner was previously thought to be the primary choice for returning the crew back to Earth. However, due to problems encountered during the
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Chinese electric vehicle makers have been blocked from the U.S. market due to tariffs, leading them to explore other opportunities around the globe. One of the hot spots for Chinese EVs has been Mexico, where they have gained significant traction. Last year, China became the leading car supplier to Mexico, exporting billions of dollars worth
Philadelphia Federal Reserve President Patrick Harker recently expressed his support for an interest rate cut in September, signaling a strong likelihood of monetary policy easing in the near future. Harker emphasized the importance of initiating a gradual rate reduction process and providing clear signals well in advance to the market. Despite the market’s anticipation of
In a stunning turn of events, Vice President Kamala Harris has shattered fundraising records by amassing nearly $500 million in just one month. This remarkable feat comes after President Joe Biden exited the presidential race and threw his support behind Harris as his successor. According to reports from NBC News, the fundraising efforts include contributions
Waymo, a self-driving project that originated within Alphabet in 2009, has made significant strides in the autonomous vehicle industry. Recently, co-CEO Tekedra Mawakana announced on LinkedIn that Waymo is now providing over 100,000 paid robotaxi rides per week in the U.S. This marks a significant increase from the 50,000 weekly trips reported just a few
The debate over tax policy in the United States has always been a contentious issue, with contrasting views on how best to raise revenues and support government programs. Vice President Kamala Harris recently made headlines by proposing to raise the corporate tax rate to 28%, a move aimed at financing ambitious plans to benefit the
As President Joe Biden gears up to deliver the keynote address at the Democratic National Convention, his role in the upcoming event has evolved significantly following his decision not to seek re-election. Despite this change, Biden’s message remains consistent in highlighting the importance of the upcoming election and the need to prevent a potential threat
In a recent video posted by the United Auto Workers President Shawn Fain, there was a scathing criticism of Stellantis CEO Carlos Tavares. The accusations made against Tavares included price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker. This ongoing feud between the CEO and the union leader
Amidst the ongoing protests on the Manhattan campus over the war in Gaza, Nemat “Minouche” Shafik, the president of Columbia University, announced her resignation on Wednesday. This decision came after facing criticism and backlash from various parties, including anti-war protesters and House Republicans in Congress. Shafik acknowledged the challenging period during her tenure, stating that
Inflation rates rose as anticipated in July, primarily driven by an increase in housing-related costs. According to a recent report from the Labor Department, the consumer price index (CPI) saw a 0.2% uptick for the month, resulting in a 2.9% annual inflation rate. Economists had predicted a 3% annual rate, but the actual figure fell