By Davide Barbuscia NEW YORK (Reuters) -A U.S. sovereign downgrade by Moody’s has exacerbated investor worries about a looming debt time-bomb that could spur bond market vigilantes who want to see more fiscal restraint from Washington. The ratings agency cut America’s pristine sovereign credit rating by one notch on Friday, the last of the major ratings agencies to downgrade t ...
By Colleen Howe BEIJING (Reuters) -Half of China’s sales of heavy trucks could be electric vehicles by 2028, up from 10% in 2024, the chairman of battery maker CATL said on Sunday, according to a media report. The comments by Zeng Yuqun, made at a heavy-truck battery-swapping launch and reported by the Shanghai government-affiliated news site Jiemian, suggest further headwinds for fuel demand in ...
(Reuters) -The U.S. Supreme Court’s current term includes cases involving birthright citizenship, guns, gender-affirming medical care for transgender minors, online pornography, religious rights, preventive healthcare, Planned Parenthood funding, job discrimination, federal regulatory powers on nuclear waste storage and vape products, voting rights and more. Here is a look at some of the cases a ...
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said Friday it plans to announce proposed temporary cuts to flights at Newark after meetings with major U.S. airlines to address congestion impacts. The FAA held three days of one-on-one meetings with the airlines "to find a balance between reducing their operations at the airport and meeting the needs of each individual ...