Fed to trim rates for first time in ten years

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Source: Dukascopy Bank SA
The Federal Reserve has cut tits rate this month for the first time in a decade, while analysts forecast another later during the year due to growing economic risks from the US-Sino trade war.
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Thu, 25 Jul 2019 14:04:10 GMT

Trump calls on House Republicans to support US spending deal

On Thursday, the US President Donald Trump called on the Republicans in the House of Representatives to vote for the US government spending plan, which consisted of a two-year deal aimed to expand the borrowing authority of the nation and fund the country's federal government.

Thu, 25 Jul 2019 12:06:16 GMT

Tesla misses Q2 financial targets

On Wednesday, the US electric carmaker Tesla missed its Q2 financial targets, pushing back the company's profit timeline for the second time, while announcing its founding engineer and Chief Technology Officer J.B. Straubel was set to step down from the role.

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