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Thursday, December 26, 2024

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Inflation in the U.S. Drops to 2.5% in August

Washington, September 11 (FinanceFlashNews.com) – U.S. inflation slowed down in August to 2.5% year-over-year, the lowest rate in 3.5 years, according to the U.S....

Stellantis to Invest Over $400 Million in Electric Vehicles in the U.S.

Detroit, September 11 (FinanceFlashNews.com) – Automotive giant Stellantis announced a $406 million (€367.65 million) investment in the production of electric vehicles (EVs) in the...

EU Court Rules in Favor of Commission, Ireland Must Recover Unlawful Aid from Apple

The European Court of Justice (ECJ) has upheld the European Commission’s 2016 decision, requiring Ireland to recover €13 billion in unlawful state aid from...

Apple Ordered to Pay Ireland €13 Billion in Unpaid Taxes by EU Court

Luxembourg, September 10 (FinanceFlashNews.com) – Apple has suffered a definitive defeat at the European Court of Justice (ECJ) in its long-running legal battle with...

Google’s Ad Tech Practices Under Legal Spotlight

Beijing, 9 September 2024 (FinanceFlashNews) -Google's highly profitable advertising technology sector is now the focus of a major trial, as reported by Reuters. The...

Boeing Proposes 25% Pay Increase to Prevent Potential Strike

Seattle, 9 September 2024 (FinanceFlashNews) - In a strategic move to avert a potential strike, Boeing has offered its employees a 25% pay increase...

Yellen: U.S. Economy in Good Shape, Heading Toward “Soft Landing”

U.S. Treasury Secretary Janet Yellen believes the economy is in good condition and on track for a soft landing, despite recent slower job growth. 142,000...

U.S. Wholesale Inventories Rose Less Than Expected in July

U.S. wholesale inventories grew by 0.2% in July 2024, below the expected 0.3% increase. Inventories of short-term goods rose by 0.5%, while long-term goods increased...

Inflation Expectations Among U.S. Households Remained Steady in August

Annual inflation expectations among U.S. consumers stayed at 3% in August, unchanged from July and June. Five-year inflation expectations remained stable at 2.8%, while three-year...

SpaceX to Launch First Uncrewed Starships to Mars in Two Years, Says Musk

Cape Canaveral, September 7 (FinanceFlashNews) — SpaceX plans to launch its first uncrewed Starships to Mars within two years, aligning with the next Earth-Mars...

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