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Month: July 2024

Fed Chair Jerome Powell: US inflation is cooling again, though it isn’t yet time to cut rates

AP Economics Writer WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates. After some persistently high inflation reports at the start of 2024, Powell

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Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected

AP Auto Writer DETROIT (AP) — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall. The Austin, Texas, company said Tuesday that it sold 443,956 vehicles from April through June, down 4.8% from 466,140 sold

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​Trump team files letter saying they want to challenge hush money verdict based on Supreme Court immunity ruling

Originally Published: 01 JUL 24 20:42 ET Updated: 01 JUL 24 22:50 ET By Kara Scannell and Kaitlan Collins, CNN (CNN) — Donald Trump’s legal team filed a letter Monday seeking to challenge the former president’s conviction in his New York criminal hush money trial based on the US Supreme Court ruling on presidential immunity, a source told

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Leaders of Poland, Germany meet to mend strained ties and discuss Europe’s security

Associated Press WARSAW, Poland (AP) — Government leaders of Poland and Germany are holding consultations aimed at giving a new impulse to bilateral relations that sagged under Poland’s previous government and to jointly declare responsibility for Europe’s security in turbulent times. Germany Chancellor Olaf Scholz traveled with 12 ministers and government officials for the meeting

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Top leader of RNC Platform Committee entertained idea of imprisoning women who get abortions, opposes exceptions

CNN By Andrew Kaczynski and Em Steck, CNN (CNN) — One of the leaders of the Republican National Convention’s platform committee, which shapes the party’s official stance on key issues, has a history of pushing extreme anti-abortion positions, including advocating for a national ban without exceptions for rape or incest. He also entertained the possibility

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