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Congress Faces Crunchtime in Fight on Spending Cuts
After the summer break, lawmakers on Capitol Hill will need to pass spending bills by Oct. 1 to avoid a government shutdown. Source link
Elon Musk's Rebranded Twitter Cuts Ad Prices
The social-media site X is offering hefty discounts to lure back ad dollars Source link
GM Again Lifts Its Profit Outlook, Plans More Cost Cuts
The automaker says buyers are willing to pay for pricier models and features. Source link
Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
The streaming giant booked its strongest-ever quarter for user growth. Source link
Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients
The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation.
Japan’s govt cuts growth forecast, sees inflation exceeding BOJ target By Reuters
© Reuters. FILE PHOTO: A Japanese flag flutters on the Bank of Japan building in Tokyo, Japan, March 15, 2016. REUTERS/Toru Hanai/File Photo By Leika
BofA cuts China’s 2023 growth forecast to 5.1% By Reuters
© Reuters. FILE PHOTO: People walk on an overpass past office towers in the Lujiazui financial district of Shanghai, China October 17, 2022. REUTERS/Aly Song/File
Tesla drives in Q2 results beat as margins top estimates despite price cuts By Investing.com
© Reuters. Investing.com — Tesla reported Wednesday first-quarter results that beat on both the top and bottom line as the electric vehicle maker’s margins were
Deutsche Bank cuts China’s 2023 growth forecast to 5.3% By Reuters
© Reuters. FILE PHOTO: A worker stands on a metal structure in a shopping district in Beijing, China, July 14, 2023. REUTERS/Thomas Peter/ (Reuters) –
China interest rate cuts, RRR reduction possible in Q3- CSJ By Investing.com
© Reuters. Investing.com– The People’s Bank of China still has space to loosen monetary policy further, with reductions in interest rates and reserve requirements possible