US core inflation slows, giving Fed some breathing room on rates
A key gauge of US consumer prices posted the smallest monthly advance in more than a year, indicating the worst...
AutoNation to buy mobile car-repair startup for $190 million
AutoNation Inc. is buying a mobile car-repair startup that counts Mercedes-Benz Group and Porsche AG among its investors for $190...
Every fifth car on the road in Norway is now electric
Norway has reached another milestone in electric-vehicle adoption with every fifth car in the country now emission-free. The Norwegian Electric...
Carvana plunges as Apollo-Pimco creditor truce creates stock doubts
Carvana Co. plunged on Wednesday as Wall Street’s pessimism spread on its shares after the online car dealer’s largest creditors...
Rising battery prices threaten to derail the arrival of affordable EVs
Falling battery prices have been one of the most consistent trends in the electric vehicle industry for the last decade....
US hiring and wages extend strong gains, keeping pressure on Fed
US employers added more jobs than forecast and wages surged by the most in nearly a year, pointing to enduring...
Powell signals downshift likely next month, more hikes to come
Chair Jerome Powell signaled the Federal Reserve will slow the pace of interest-rate increases next month, while stressing borrowing costs...
Powell to set stage for slowing Fed rate hikes amid hawkish tone
Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates...
