A bipartisan deal to raise the $31.4 trillion debt ceiling faces its first test in Congress on Tuesday, setting up what could be a nail-biting week of voting before the US runs out of money to pay bills.
The Transportation Security Administration screened nearly 9.8 million passengers over the four-day Memorial Day weekend – about 300,000 more than over the same holiday period in 2019, the agency said on Tuesday.
The National Highway Traffic Safety Administration (NHTSA) said Tuesday it is closing its investigation into 580,000 Tesla vehicles over the automaker’s decision to initially allow games to be played on the front center touchscreen.
Stellantis will need one or even two additional large factories in the United States to produce electric vehicle batteries in order to reach its global battery production target, the company’s chief executive, Carlos Tavares, said on Tuesday.
Wall Street was tipped for a strong open on Tuesday, while the cost of insuring against a U.S. debt default fell and the safe-haven dollar weakened in a sign of broad optimism across markets that a U.S. debt ceiling crisis might be averted.
Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead of an OPEC+ oil policy meeting set to take place this weekend.
China will create a better market-oriented business environment for enterprises from all countries, including Tesla, China’s foreign minister Qin Gang said during a meeting with Tesla’s Elon Musk on Tuesday.
On a hot summer afternoon, 23-year old Nizamudin Abdul Rahim Khan is playing cricket on a muddy, unpaved road in the Rafiq Nagar slum in India’s financial capital, Mumbai.
The euro zone’s top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or otherwise ran into trouble, the European Central Bank warned on Tuesday.
