The 2023 Porsche Taycan luxury car is an electrifying drive in more ways than one. Pricing starts at $86,700.Available as a sedan or wagon-like Sport Turismo/Cross Turismo versions, the 2023 Taycan blends Porsche POAHY, +0.72% prestige and dynamics with all-electric, zero-emissions drivetrains. It’s the company’s first all-electric car, having made…
Emily Smith was working two jobs — at a hotel and at a retail store — when she realized she was in dire need of a break. Smith, based in Vancouver, B.C., says her employers didn’t usually approve of her vacation days, so she invented a fake family emergency, claiming…
U.S. stocks finished sharply lower in volatile trade on Wednesday after the Federal Reserve raised interest rates by another 25 basis points, while noting that policymakers weren’t penciling in rate cuts this year. The decisions came despite recent stress in the banking industry following the collapse of two U.S. regional…
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What was an uncertain Bank of England decision became almost a lock after U.K. inflation data came in unexpectedly hot. The odds of a quarter-point hike, to 4.25% from 4%, moved to 97% after the data from the Office for National Statistics on Wednesday showing inflation accelerating to 10.4% year-over-year…
Most Treasury yields dived on Wednesday after Federal Reserve policy makers signaled just one additional interest rate hike will be appropriate this year and Chairman Jerome Powell addressed banking-system concerns during his press conference.Meanwhile, Treasury Secretary Janet Yellen weighed in separately, by saying her agency hasn’t looked at expanding FDIC…
The Center for Medicaid and Medicare Services and its chief administrator, Chiquita Brooks-LaSure, look increasingly isolated over Alzheimer’s drug lecanemab after their counterparts at the Veterans Health Administration just publicly approved the drug for patients. “VA has added lecanemab (also known as Leqembi), which recently received accelerated approval from the…
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President of the European Central Bank Christine Lagarde says inflation is still too high. “Since July last year we have raised interest rates by 350 basis points. However, inflation is still high, and uncertainty around its path ahead has increased. This makes a robust strategy going forward essential,” she said…
Shares of FleetCor Technologies Inc. FLT, -1.39% were headed more than 1% higher in premarket trading Monday after the business-payments company said it would conduct a strategic review. Fleetcor will engage in “a review of its portfolio and business configuration, with the goal of driving enhanced shareholder value,” according to…