Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will…
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that…
GameStop, AMC tumble as meme stock rally fizzles after just two days
GameStop and AMC shares fell Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game…
China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data
BEIJING — As China’s economy moves into the second quarter of the year, a few indicators are pointing to sluggish…
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central…
Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
