the-economy

China posts worst export fall since 2009 as fears of U.S. trade war loom

By Elias Glenn and Sue-Lin Wong BEIJING (Reuters) – China's massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand…

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China posts worst export fall since 2009 as fears of U.S. trade war loom

the-economy

Diesel cheating inquiries widen to Renault and Fiat

By Gilles Guillaume, Simon Carraud and Agnieszka Flak PARIS/MILAN (Reuters) – European carmakers were drawn into widening investigations into diesel emissions cheating on Friday, with French prosecutors examining Renault and British authorities seeking answers from Fiat Chrysler Automobiles NV. Volkswagen's admission that some of its diesel vehicles were fitted with devices which hid their true level of emissions has sparked a global regulatory push to

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Diesel cheating inquiries widen to Renault and Fiat

the-economy

Retail sales rise on strong auto demand

WASHINGTON, Jan 13 (Reuters) – U.S. retail sales rose solidly in December amid strong demand for automobiles, providing further evidence that the economy ended the fourth

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Retail sales rise on strong auto demand

the-economy

WHY IT MATTERS: Energy

The issue:

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WHY IT MATTERS: Energy

the-economy

Hillary Clinton to propose $10 billion manufacturing investment

By Alana Wise WASHINGTON (Reuters) – Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in the industry. Clinton is slated to roll out the proposal on Friday in Syracuse, New York, ahead of the state's nominating contest on April 19. New York has long been a

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Hillary Clinton to propose $10 billion manufacturing investment

the-economy

Tesla unveils $35,000-Model 3 with range of 215 miles

By Alexandria Sage and Joseph White HAWTHORNE, Calif. (Reuters) – Tesla Motors gave a sneak preview Thursday of its Model 3 sedan, saying more than 130,000 people had ordered the car, even though it is more than a year away from production. Tesla Chief Executive Elon Musk unveiled a prototype of the Model 3 in Hawthorne, California outside Los Angeles to hundreds of Tesla owners and the media, saying the vehicle will go into production in 2017 at a starting price of $35,000. Tesla shares have jumped …

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Tesla unveils $35,000-Model 3 with range of 215 miles

the-economy

Strong U.S. jobs report unlikely to sway cautious Fed

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased solidly in March and wages rebounded, underscoring the economy's resilience, but the Federal Reserve is expected to remain cautious in raising interest rates this year due to slowing global growth. Nonfarm payrolls increased 215,000 last month, the Labor Department

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Strong U.S. jobs report unlikely to sway cautious Fed

the-economy

Fed raises interest rates, citing ongoing U.S. recovery

By Howard Schneider and Jason Lange WASHINGTON (Reuters) – The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of …

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Fed raises interest rates, citing ongoing U.S. recovery