The People’s Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Bloomberg | Getty Images China expectedly kept its benchmark lending rates unchanged Friday, following the sweeping monetary easing measures rolled out last month to boost growth. The People’s Bank of China held the 1-year loan prime rate at 3.0% and … Read more
Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul | Pool | Via Reuters Tesla CEO Elon Musk said on Tuesday that his company’s robotaxi service is “tentatively” set to launch in Austin, Texas, on June 22. In a … Read more
KRISTEN WELKER: This Sunday: Big, beautiful breakup. The feud between President Trump and Elon Musk explodes over the president’s tax and spending bill. PRES. DONALD TRUMP: I’m very disappointed because Elon knew the inner workings of this bill. SPEAKER MIKE JOHNSON: I think he’s flat wrong. I think he’s way off on this. REP. HAKEEM … Read more