Dollar Gains, Stocks Slip As Fed Officials Talk Tough On Rates
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – The dollar rose and equity markets slid on Thursday after…
GM CEO Barra says electric vehicles to be profitable by 2025
General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as…
Analysis-U.S. Regulators Could Be Pressured By Slim Republican House Control
By Ross Kerber and Chris Prentice BOSTON/ WASHINGTON (Reuters) – With the U.S. House of Representatives under their control, Republicans…
Oil Falls On Worries Of U.S. Rate Hikes, China Demand Outlook
By Arathy Somasekhar HOUSTON (Reuters) -Oil fell more than 3% on Thursday as rising numbers of COVID-19 cases in China…
UK Faces Record Hit To Living Standards As Tax Hikes Loom
By David Milliken, Andy Bruce and William Schomberg LONDON (Reuters) – Britain faces a record hit to living standards this…
Average long-term US mortgage rates tumble to 6.61%
WASHINGTON (AP) — The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain…
Environmental Group Alleges Carmakers, Bosch Deliberately Manipulated Emissions
By Rachel More BERLIN (Reuters) -Germany’s top four carmakers and parts supplier Bosch knowingly broke rules when developing a type…
Wall St Falls On Mixed Economic Data, Fed Official’s Hawkish View
By Ankika Biswas and Amruta Khandekar (Reuters) – U.S. stock indexes fell on Thursday as mixed economic data and hawkish…
UK budget takeaways: Higher taxes, more aid to needy
LONDON (AP) — The British government on Thursday unveiled an emergency budget featuring billions in tax increases in a bid…
Oil Falls On Easing Geopolitical Tensions And China Demand Outlook
By Alex Lawler LONDON (Reuters) -Oil extended declines on Thursday as geopolitical tensions eased slightly and rising numbers of COVID-19…