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Tesla and Truss, 5% and 150
  + stars: | 2022-10-20 | by ( ) www.reuters.com   time to read: +4 min
A Tesla model 3 car is seen in their showroom in Singapore October 22, 2021. read more The latest European tech sector earnings on Thursday were downbeat, too. Bank of England Deputy Governor Ben Broadbent said the BoE would respond to changes in Truss's tax and spending policies. read moreKey developments that should provide more direction to U.S. markets later on Thursday:* European Union summit in Brussels* U.S. Oct Philadelphia business index. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Time to demolish old ideas about infrastructure
  + stars: | 2021-08-10 | by ( Gina Chon | ) www.reuters.com   time to read: +4 min
WASHINGTON, Aug 10 (Reuters Breakingviews) - A once-in-a-generation vote on U.S. infrastructure means it might finally be time to stop talking about infrastructure – or think more creatively about what the word means. Democrats will now turn to a $3.5 trillion splurge on healthcare, schools and the environment that Republicans resisted in the smaller plan. One problem is an outdated idea of what infrastructure really means. If infrastructure is a priority, anything that gets more output out of Americans deserves the label. It includes $110 billion for roads and bridges, $65 billion to expand broadband access and $55 billion for water supplies.
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