Nearly all #new_passenger cars and #trucks sold in the #United_States will be required to have #automatic #emergency #braking systems by #September #2029, the #National #Highway #Traffic_Safety Administration (NHTSA) said on Monday, saying that the rule will save at least 360 lives annually and prevent at least 24,000 injuries. The new rule comes as traffic […]

  #Japan’s top #currency diplomat #Masato #Kanda said on Tuesday that authorities were ready to deal with #foreign #exchange matters “24 hours”, while declining again to comment on whether the finance ministry had intervened to prop up the yen a day earlier. “Whether it’s #London, #New_York or #Wellington (hours), it doesn’t make a difference,” the

  After #Hours #Stock #Movers: NXP Semiconductors (NASDAQ:#NXPI) rose 6% after the chipmaker reported first quarter EPS and guidance that topped #Wall_Street expectations. F5 Networks (NASDAQ:#FFIV) fell 12% after the application security company issued a forecast that was below consensus. Coursera Inc. (NYSE:#COUR) fell 18% after the online learning company cut full year revenue and

  #Paramount_reported #first_quarter earnings that topped Wall Street expectations  and the #media giant has its sights set on a new direction as chief executive #Bob_Bakish stepped down amid ongoing deal talks.   #George_Cheeks, #CEO of CBS, Chris McCarthy, CEO of Showtime/MTV Entertainment Studios and Paramount Media Networks and Brian Robbins, Chief Executive Officer of Paramount Pictures

  #Rate cuts in #2024 were considered a done deal by many at the turn of the year, but #Macquarie has thrown in the towel on rate cuts this year, as a string of sticky inflation and strong #growth data this year suggests the disinflation train is running out of steam. “We no longer expect

  The #usa is still on track to avoid a recession and achieve a soft landing, #UBS says, on bets that the consumer is set for hiatus from a spending spree that has helped sustain the #economy and keep inflation sticky.   “Our base case remains a soft landing, with economic growth and inflation cooling off

  #usastock index futures moved little in evening deals on Monday as a rally in the technology sector appeared to be running out of steam amid dwindling hopes for interest rate cuts by the Federal Reserve. Focus was now on a Fed meeting later in the week for more cues on policy, after a series