By Ankika Biswas and Khushi Singh (Reuters) -Europe's benchmark index hit a new record high on Friday propelled by rate-sensitive stocks, with investors continuing to cheer upbeat corporate earnings while looking past data that showed core prices remained stubbornly high.…
By David Shepardson (Reuters) -Toyota Motor said Friday it is recalling about 380,000 trucks in the United States over an axle issue that could increase the risk of a crash. The recall covers 2022 and 2023 model year Tacoma vehicles…
By David Shepardson WASHINGTON (Reuters) -The United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restrictions due to concerns about "connected" car technology, the White House said on Thursday. The U.S.…
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said Thursday she favors taking more concrete steps to make sure banks are ready to use a central bank liquidity facility aimed at helping…
By Marcela Ayres and Christian Kraemer SAO PAULO (Reuters) -Finance leaders from the world's largest economies failed to agree on a joint statement as they wrapped up talks on Thursday, with divisions over the wars in Gaza and Ukraine overshadowing…
By Daniel Wiessner (Reuters) -Efforts by Republican Texas Governor Greg Abbott to stem a record number of migrants illegally crossing the U.S.-Mexico border has set off a series of legal battles with the administration of President Joe Biden, a Democrat. …
By Jonathan Stempel (Reuters) - Wells Fargo, which has spent years trying to extricate itself from its fake accounts scandal, was sued on Thursday for allegedly not doing enough to help customers who were harmed. The lawsuit was filed in…
By Amina Niasse NEW YORK (Reuters) - U.S. mortgage rates rose for a fourth-straight week, Freddie Mac reported on Thursday, reaching a two-month high and again becoming a factor impeding traffic among rate-sensitive prospective home buyers. The average rate on…
By Nandita Bose and Tim Reid DEARBORN, Michigan (Reuters) -U.S. President Joe Biden easily won the Democratic presidential primary in Michigan on Tuesday, but a protest vote by Democrats angry over his support for Israel’s war against Hamas in Gaza…
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and other economic data that could shed light on the possible timing of a Federal Reserve interest rate cut. As corporate earnings season winds…