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Sooner rate cuts may fuel economic wave, undo inflation progress: Fed’s Bostic

Sooner rate cuts may fuel economic wave, undo inflation progress: Fed’s Bostic

© Reuters Investing.com — Atlanta Fed President Raphael Bostic said Monday that more progress would be needed to back interest rate cuts flagging the risk that expectations for sooner rate cuts could spark a wave of economic activity, undoing the central bank’s recent progress on curbing inflation  “I need to see more progress to feel fully confident that…

Pakistan’s Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

Pakistan’s Shehbaz Sharif takes oath as prime minister, directs team to talk with IMF

© Reuters. Pakistan’s newly elected Prime Minister Shehbaz Sharif, delivers speech after elected as Pakistan’s prime minister for second term, in the National Assembly building in Islamabad, Pakistan March 3, 2024. Pakistan National Assembly/Handout via REUTERS ISLAMABAD (Reuters) -Pakistan’s Shehbaz Sharif took the oath on Monday to officially become prime minister for a second time,…

Waymo scores a critical robotaxi permit, Fisker cuts more workers and Apple car fades away

Waymo scores a critical robotaxi permit, Fisker cuts more workers and Apple car fades away

TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. I was in Los Angeles earlier this…