The predicament is an indictment of industrial policy, a costly species of government intervention increasingly favored by both political parties.

WASHINGTON, Oct 18 (Reuters) - Ford Motor Co said the Biden administration's proposal to drastically hike fuel economy standards through 2032 threatens "substantial economic hardship." The ...

The national average price for a gallon of gasoline stood at $3.23 on Tuesday, down 15% since mid-September, data from the ...

At this point, it would be more than fair to say that 2023 ended up being a pretty good year for the economy. Inflation ...

WASHINGTON, Oct 18 (Reuters) - Ford Motor Co said on Wednesday a proposal by President Joe Biden’s administration to hike vehicle fuel economy standards through 2032 threatens to cause ...

Most business economists think the US economy could avoid a recession next year, even if the job market ends up weakening ...

The US economy grew faster than expected in the third quarter of the year, helped by a tight jobs market and consumer spending. The economy expanded at an annual rate of 4.9% in the July to ...

Consumer price rises were down from 3.7% in September continuing a downward trend from high of 9.1% in June 2022 The rate of US consumer price rises cooled in October amid lower gasoline prices ...

The US economy's resilience this year could pave the way for a new 'roaring 20s' decade of growth, UBS researchers have suggested. Some forecasters had predicted that the US would fall into a ...

The US economy heated up more than expected in the third quarter, government data showed on Thursday, as a resilient job market helped boost consumer spending, holding off the prospect of a recession.