WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell kept rates too high and will be out in eight months, President Donald Trump said at a news conference on Tuesday.
"I think he's done a bad job, but he's going to be out pretty soon," he said from a meeting at the White House with Philippine President Ferdinand Marcos Jr.
(Reporting by Trevor Hunnicutt, writing by Maiya Keidan)
By David Shepardson
WASHINGTON (Reuters) -U.S. states have built less than 400 electric vehicle charging ports through April under $7.5 billion federal infrastructure programs, the Government Accountability Office said Tuesday.
As of April 2025, 384 charging ports are operating at 68 stations in 16 states, GAO said, saying a joint office overseeing the program "has not defined performance goals with measurable targets and time frames for its... (continue reading...)
By Olivia Le Poidevin
GENEVA (Reuters) -The World Health Organization issued an urgent call for action on Tuesday to prevent a repeat of an epidemic of the mosquito-borne chikungunya virus that swept the globe two decades ago, as new outbreaks linked to the Indian Ocean region spread to Europe and other continents.
An estimated 5.6 billion people live in areas across 119 countries at risk from the virus, which can cause high fever, joint pain... (continue reading...)
(Reuters) -Boeing has kicked off production of its newest freight carrier, the 777-8, the Seattle Times reported on Tuesday.
The aircraft, which has a revenue payload of 112.3 tonnes, was first announced in 2022 at the White House.
Boeing had then said that Qatar Airways would be the first customer, with an order for 34 jets and options for 16 more, and a total purchase price of $20 billion.
While Boeing originally said they... (continue reading...)
By Foo Yun Chee
BRUSSELS (Reuters) -Apple's changes to its App Store rules and fees will likely secure the green light from EU antitrust regulators, people with direct knowledge of the matter said, a move that would stave off potentially hefty daily fines for the iPhone maker.
The company last month said developers will pay a 20% processing fee for purchases made via the App Store, though the fees could go as low as 13% for Apple's... (continue reading...)
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