ISTANBUL: The Federal Reserve Chair Jerome Powell said Tuesday that inflation in the US shows signs of resuming a disinflationary trend, but the Fed needs more confidence to start monetary loosening.

Powell said the American economy saw solid growth …

ISTANBUL: Tesla said Tuesday it produced more than 410,000 vehicles and delivered nearly 444,000 in the second quarter.

The American electric carmaker produced 386,576 Model 3/Y and 24,255 other model vehicles from April to June, it said in a stateme…

ISTANBUL: Major stock exchanges in the US were in mixed on Tuesday after Federal Reserve Chair Jerome Powell said the central bank needs more confidence to start loosening its monetary policy.

Powell said the Fed still sees its monetary policy “restr…