Driving down the market is not a direct goal of the Fed, yet declining stocks fit with the broader project of raising the cost of capital across the economy.
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As market slides, does the Federal Reserve want or need stocks much lower?
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Why Slate Automotive says it has cracked the code to affordable EVs
The Jeff Bezos-backed Slate Automotive says it can sell an American-made electric vehicle pickup truck for about half of the average transaction price in the U.S. Slate’s pitch is keep the vehicle as simple as possible to save on manufacturing costs, and then let owners add on and customize the truck however they want. The […]
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Air Canada, flight attendants at impasse with strike looming
Air Canada flight attendants, represented by the Canadian Union of Public Employees (CUPE) hold a picket at one of four airports to highlight their pay demands in contract negotiations with Canada’s largest airline, outside Toronto Pearson International Airport in Mississauga, Ontario, Canada August 11, 2025. Carlos Osorio | Reuters The prospect of a systemwide work […]
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Government’s Intel intervention is ‘essential’ for national security, tech analyst says
A government intervention in struggling chipmaker Intel is “essential” for the sake of national security, analyst Gil Luria said Friday, following a report that the Trump administration is weighing taking a stake in the company. “We’re all capitalists,” Luria, head of technology research at D.A. Davidson, said in an interview with CNBC’s “Squawk Box.” “We […]
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