Tag Archives: Business News

Officials expect coronavirus to weigh heavily on the economy

The Federal Open Market Commission raised concerns at its recent meeting on the future of the economy, saying the coronavirus is likely to continue to stunt growth and pose potential dangers to the financial system. At the July 28-29 session, the Federal Reserve’s policy-making arm voted to keep short-term interest …

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GM to launch 5G-powered cars in China starting in 2022

Julian Blissett, GM executive vice president and president of GM China, speaks during the automaker’s “Tech Day” for China on August 19, 2020. GM General Motors aims to launch 2022 cars that can launch 5G connectivity for Chinese consumers, and provide the groundwork to expand the company’s in-car and related …

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