India, U.S. trade talks extend into next week, Reuters reports
Trade talks between Indian and U.S. officials have been extended into next week as both sides seek consensus on tariff cuts in the farming and auto sectors, Manoj Kumar of Reuters reports, citing Indian government sources. Negotiators, who had initially aimed to wrap up talks by Friday, will now continue discussions on Monday and Tuesday to resolve outstanding differences, a second Indian official told Reuters. Both sides are aiming to finalize an interim deal before a July 9 deadline, the sources added.
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders' Hot Stocks on TipRanks >>
Read More on SPY:
Disclaimer & DisclosureReport an Issue
Trump pushes for 'full point' rate cut on social media
May U.S. nonfarm payrolls rise 139,000, unemployment rate remains 4.2%
SPDR S&P 500 ETF Trust: Pivot points
Stock Market News Today, 6/6/25 – Futures Up as Market Eyes Jobs Data Over Musk-Trump Feud
Trump says OBBB 'one of the greatest bills ever presented to Congress'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Who is in the lead? Early voting results for Abilene runoff election
Here are the unofficial early voting results of the runoff election in Taylor County. Incumbent Kyle McAlister and Miguel Espinoza were the top two vote-getters in the May 3 general election for Abilene City Council Place 5. In a three-way field including Cynthia Alvidrez, no candidate garnered 50% plus at least one vote to avoid a runoff. The polls closed at 7 p.m. on Saturday. As of then, 2,536 or 3.7% of Taylor County's 68,816 registered voters participated at the polls or by mail-in ballots. Early voting results show Espinoza has earned 59.01% of the votes. McAlister follows with 40.99% votes earned. Full results will be found online later at Results include absentee voting and early voting at this time. New business page-turner: National retailer expected to open soon in Abilene When is the southside Braum's opening in Abilene? This article originally appeared on Abilene Reporter-News: Here are the results of the Abilene City Council Place 5 runoff election
Yahoo
25 minutes ago
- Yahoo
What Ever Happened to Carbureted Engines?
What happened to carbureted engines? Once the most popular option amongst classic car enthusiasts and garage mechanics everywhere, it's been a few decades since we last saw one, as they're now reduced to a nostalgic commodity in cars, though they do still exist on small engines, such as lawn mowers. Back in the good old days, however, carburetors were found on some of the most exciting classic sports cars, and they were a reasonable option for owners and drivers looking to wrench on their vehicles. If this method of fuel delivery was so beloved, why did it drop to the wayside? As the popularity of fuel injection grew, we started to see the end of mass-produced vehicles with carbureted engines. Carbs, while simpler to work on and maintain and also more affordable, had some unfortunate downsides compared to the newer tech of fuel injection. As RSP Motorsports points out, fuel injection offered better fuel economy as it could optimize fuel delivery based on real-time engine conditions, as opposed to the fixed jets of a carburetor. This was due in part to the rise of electronic control units (ECUs), which gave cars computers that could calculate and make adjustments — although they also added a layer of expense and complexity. Because of adjustable fuel delivery, fuel injection was also more efficient, providing a more precise air-fuel mixture that reduced emissions compared to carburetors. By the mid-1980s, we were nearing the end of the carbureted engines in everyday cars on U.S. production lines as the world witnessed the rise of fuel injection. Fuel injection may be more complex, but its benefits made it more marketable to some consumers. American car enthusiasts might remember the carburetor sitting under the hood of their sports car, but these systems weren't exclusive to the U.S. market. On the global market, carbureted engines had a longer life span for many automotive brands, according to the Ask Car Guys subreddit. These markets focused less on fuel economy and efficiency, and also didn't see the consequences of laws and regulations cracking down on emissions. European, Asian, and African car markets continued to see cars produced with carbureted engines into the mid-1990s. Just because they've been phased out of production doesn't mean people don't still love cars with carbureted engines. Without the need for complex electronics we have in today's modern cars, carb engines were much simpler to work on, as stated by — and, for many people, more enjoyable. You could work on your car in the garage without concern for complex ECUs, and they could be manually tuned and adjusted if you knew what you were doing, without the need for expensive, complicated software. Outside of simplicity, many fans of the carbureted engine just enjoy the engine sound and feel. They have a distinct sound, throttle response, and feel that is very dissimilar to cars we have in production today, making many people loyal to this now nostalgic form of fuel delivery. Carburetors were easy to make adjustments and tuning changes to, as they didn't require fancy computers and knowledge to figure out, but Electronics for Imaging (EFI) provided arguably smoother throttle response and wasn't as annoying to try to start on a cold day — a struggle anyone who has owned a carbureted car probably knows well after messing around with a manual choke on a cold winter day. Just because we don't see cars with carburetors coming off the assembly line doesn't mean they are off the road. Many car collectors and classic car enthusiasts still enjoy wrenching, owning, and driving carbureted cars today. They may be "gone," but they will never be forgotten — there will always be something tried and true about a carbureted engine that enthusiasts will always have an appreciation for.
Yahoo
26 minutes ago
- Yahoo
Michaels acquires Joann fabrics IP: Will it take over former stores too?
Craft retail chain The Michaels Companies said on Thursday that it has acquired the beloved fabrics retailer Joann, which recently winded down operations and closed all of its stores after a second bankruptcy. Supersonic air travel gets green light in U.S. after 50-year ban lifted How to Watch George Clooney's Broadway play 'Good Night, and Good Luck' live for free Why you're catching the 'ick' so easily, according to science The sale included Joann's intellectual property, as well as its private label brands, like Big Twist yarn. The announcement noted that searches for 'fabric' on have skyrocketed by 77% since Joann stores began closing their doors in early 2025. As a result, Michaels has already been adjusting its merchandise accordingly to set the stage for absorbing Joann customers. The chain said it has increased merchandise in the fabric category in over 680 stores. Post-acquisition, Michaels said it will expand on the kinds of merchandise once available at Joanns, such as fabric, yarn, sewing machines, and other sewing materials even further. The craft store will add more than 600 products once available at Joann's to its inventory, including increasing its yarn merchandise by 25%. 'This acquisition allows us to better serve both new and existing customers, respond to rising demand across categories, and build on our momentum as the destination for creating and celebrating in North America,' CEO David Boone said in a statement. Texas-based Michaels has been privately held since a 2021 deal with private equity firm Apollo Global Management, valued at $3.3 billion at the time. The brand has long competed with Joann in many merchandise categories and services such as custom framing. In January 2025, Joann filed for Chapter 11 bankruptcy protection, which was its second in less than one year. Initially, Joann said it would keep stores open during the proceedings. Weeks later, it announced that 500 of its 800 stores would close. The chain closed its last remaining stores in recent weeks. Per Joann bankruptcy filings, Michaels has already taken over at least three leases for what appear to be former Joann stores, but its plans for those leases are unclear. Fast Company reached out to Michaels to confirm whether the chain would be taking over those locations or had plans to acquire additional leases. We will update this post if we hear back. This post originally appeared at to get the Fast Company newsletter: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data