The Fed is expected to raise interest rates by three-quarters of a point Wednesday and then signal it will reduce the size of rate hikes starting in December.
While Nio and Li Auto reported monthly deliveries of more than 10,000 each, Xpeng said it delivered just 5,101 cars — a third-straight month of decline.
The chipmaker's four business lines picked up more revenue than the company had told analysts to expect last month as it perceived a weakening PC market.
Shares of U.S. social media companies Snap and Meta spiked on the news that a Federal Communications Commissioner said the U.S. government should ban TikTok.
The issue is not opposition to profits, but rather the need for those profits to be reinvested into increased energy production and security, Hochstein said.
The House Ways and Means Committee has sought federal income tax returns of Donald Trump from the IRS. The Supreme Court could now hear an appeal of the case.
The leftist leader's presidency means "a return to policies to save the Amazon," as he pledges to cut deforestation to zero and set new emissions targets.
The world's largest oil and gas majors have reported bumper earnings in recent months, leading to renewed calls for higher taxes on oil company profits.