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...“The economy is performing well,” said Fed chair Jay Powell in a news conference after the FOMC announcement....
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...Previous accidents have slowed down but not stopped development of autonomous cars, including a fatal crash in Arizona in 2018. Concern for public safety is high, but so is public curiosity....
...The developments come only months after San Francisco became the first US city in which driverless taxis were free to transport passengers without restrictions and without the supervision of humans behind...
...India’s highways ministry fined Ola Electric Rs1.5mn in 2022 after one of its scooters caught fire, leading the road authorities to administer tests on its batteries that Ola argued were unfair....
...“edge cases” that can occur on the road and which are not covered by their training data....
...Eliminating human error would undoubtedly make roads safer. Then came that last ride....
...All of this affirms VinFast’s seriousness and commitment in product development.” VinFast chief executive Thuy also rejected allegations of taking shortcuts in development....
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...Indeed, Reichman says that knowledge has already informed the development of its new Valhalla car, due for release next year....
...These are developments that the economy and markets do not enjoy. They damp growth and increase the threat of stagflation....
...“It’s not a function of size — rather how much it accelerates our road map of what we’re trying to get done.”...
...The road needs to be paved before we can start setting up shop. But Nasa and its partners are not the only ones trying to pave those roads....
...Powell has been attempting to avert such an outcome by trading some pain today to avoid higher inflation and a deeper recession down the road. That is great in theory, but hard to execute....
...The middle of the road is where you get steamrollered, writes Lex....
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...Among the positive developments in the latest CPI report was mounting evidence that housing inflation was beginning to ease, reflecting last year’s sharp drop in rents and home prices that experts have been...
...But possibly the principal, if inadvertent, long-term Sid is the Chinese development model....
...Morgan Lewis & Bockius O: 5; L: 6; I: 8; Total: 19 The firm devised a financing structure for Chinese state-owned financial investment fund Silk Road Fund, as part of an international investor consortium...
...Now the pace of inflation has been slowing, but Powell said the road to lowering inflation was probably going to be bumpy....
...But at Antelope Point Marina, near Page, you can rent a houseboat and head out to explore Lake Powell, a reservoir with some 2,000 miles of shoreline surrounded by dramatic, desolate, landscapes....
...Our most recent user cohorts are our most engaged — in fact, by nearly twofold, which is almost unheard-of in product development....
...It’s a style ubiquitous around Overground stations such as Dalston Junction, usually with a supermarket somewhere in the mix: the Berwick Street development, as with Dalston, has a Co-op....
...Then came chair Jay Powell’s press conference....
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