Boeing’s Starliner capsule, which delivered NASA astronauts to the International Space Station in early June, will be returning to Earth empty. This decision marks a significant change in plans for both NASA and Boeing, as the capsule was originally intended to be the primary choice for returning the crew. Unfortunately, Starliner’s crew flight test faced
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Chinese electric vehicle makers have found a new market in Mexico, where customers are drawn to the affordable price tags of these high-tech cars. Last year, China became the leading car supplier to Mexico, exporting billions of dollars worth of vehicles. Tesla rival BYD, for example, sells its cars in Mexico for a fraction of
Philadelphia Federal Reserve President Patrick Harker recently expressed his support for an interest rate cut that is likely to happen in September. This announcement came during the Fed’s annual retreat in Jackson Hole, Wyoming, where Harker emphasized the need for a methodical easing of monetary policy to address concerns related to inflation and the labor
Vice President Kamala Harris recently made headlines by raising nearly $500 million for her White House bid in just one month. This surge in funding came after President Joe Biden dropped out of the race and endorsed Harris as his replacement. The massive windfall includes a combination of funds from Harris’ campaign and various affiliated
Waymo, the self-driving vehicle venture owned by Alphabet, has experienced a significant surge in its paid robotaxi rides in the U.S. According to a recent announcement by co-CEO Tekedra Mawakana, Waymo is now providing over 100,000 paid rides per week, doubling its weekly trips from just a few months ago. This growth signifies the increasing
Vice President Kamala Harris has recently proposed a major increase in the corporate tax rate to 28% as part of her plan to raise revenues and fund her ambitious projects. This proposal marks a significant shift from previous policies and has sparked debate among politicians and economists alike. Harris’s campaign spokesman, James Singer, stated that
President Joe Biden’s presence and message at the upcoming Democratic National Convention have been significantly altered by his recent decision not to seek a second term. The focus of his speech will now shift towards endorsing Vice President Kamala Harris as his successor, while also emphasizing the ongoing threat that he believes Republican nominee Donald
In a recent video statement, United Auto Workers President Shawn Fain launched a scathing attack on Stellantis CEO Carlos Tavares. Fain accused Tavares of engaging in price gouging practices that harm consumers and criticized the CEO for failing to uphold certain aspects of the labor contract with the automaker. These accusations come in the wake
The recent resignation of Nemat “Minouche” Shafik, the president of Columbia University, has sparked debates and discussions on campus. Shafik stepped down from her position after facing months of criticism and protests over the war in Gaza. This decision came after only a little more than a year into her role, leaving many questioning the
The recent inflation report released by the Labor Department indicates a rise in inflation as expected in July. The consumer price index (CPI) increased by 0.2% for the month, bringing the 12-month inflation rate to 2.9%. This rise in inflation is primarily driven by higher housing-related costs, with a 0.4% increase in shelter costs responsible