Economy

The U.S. Environmental Protection Agency this week released proposals for the most aggressive vehicle emission standards in the country’s history, with the expectation that electric cars will account for two of every three cars being…
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Billionaire Elon Musk has told the BBC that running Twitter has been "quite painful" but that the social media company is now roughly breaking even after he acquired it late last year. In an interview also streamed live late Tuesday on…
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A Biden administration proposal would force U.S. automakers to sharply increase their production of electric cars and trucks over the next decade, lending greater urgency to the effort to build raw material supply chains that reduce the…
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U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices. Yet prices are still rising fast enough to keep the Federal Reserve on…
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With Turkey in the grip of soaring food prices, the Islamic holy month of Ramadan offers respite for some with free meals offered to break the day of fasting. Analysts say inflation now poses the biggest threat to President Recep Tayyip…
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Many Americans aren't yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in 10 U.S. adults are at least somewhat likely to switch, but the…
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The World Bank and International Monetary Fund's spring meetings kick off this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial…
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California officials want federal disaster aid for the state's salmon fishing industry, they said Friday following the closure of recreational and commercial king salmon fishing seasons along much of the West Coast due to near-record low…
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America's employers added a solid 236,000 jobs in March, reflecting a resilient labor market and suggesting that the Federal Reserve may see the need to keep raising interest rates in the coming months.  The unemployment rate fell to…
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Nigeria has secured an $800 million relief package from the World Bank to help cushion the impact of a plan to remove in June a long-held fuel subsidy.  Nigeria's finance minister, Zainab Ahmed, on Wednesday said the money would be…
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