Mexico needs to invest nearly 4% of its gross domestic product annually to build 800,000 housing units a year over the coming two decades to keep up with demand, a study showed Wednesday.
The economy in the majority of regions in the United States expanded at a modest or moderate growth pace in April through late May and there were some tentative signs that the Federal Reserve's actions to cool demand were beginning to be felt, a Fed report showed on Wednesday.
Price differences between U.S. light and heavy crude oil grades have been widening, pricing data showed, as refiners around the world have been snapping up less-dense crude grades for more gasoline production.
U.S. prosecutors in Manhattan on Wednesday charged a former product manager at OpenSea, the largest online marketplace for non-fungible tokens, with insider trading, the first such case involving digital assets.
Russia seeks to 'minimise' effects of EU oil ban, gas exports down
Ford Motor Co needs to overhaul its century-old business model - from slashing advertising spending to reworking its dealer network - if it is to earn enough profit on electric vehicles to compete with Tesla and others, the automaker's chief executive said on Wednesday.
New York subway shooting victim sues Glock
The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the composition of its balance sheet, issues the central bank will need to work to understand, New York Fed President John Williams said Wednesday.
UK airlines under fire for jubilee and summer getaway chaos
Cisco might still be a smart buy for long-term investors despite its recent volatility.
Elon Musk confirmed the authenticity of an email to Tesla employees mandating 40 hours per week in the office.
Wells Fargo & Co's Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells' corporate and investment banking business on Wednesday by $1 billion opportunity.
A majority of shareholders of gunmaker Sturm Ruger & Co voted in favor of a shareholder resolution calling for a human rights impact report, executives said on Wednesday.
BMW is still hammering out how to make good on a promise to build the world's first fossil-free plant in Hungary, from how much energy can be generated on-site to how much storage will be needed, the carmaker's production chief said.
India's effort to break Amazon Inc and Walmart Inc's dominance of its e-commerce sector, by establishing its own open network, has begun lining up banks and other key players needed to move it forward, sources familiar with the matter said.
The Biden administration is likely to raise ethanol blending mandates for 2021 above the figure it proposed in December to align with U.S.
The Biden administration is likely to raise ethanol blending mandates for 2021 above the figure it proposed in December to align with actual U.S.
Top U.S. bank CEOs on Wednesday flagged the growing risks to the economy from rising inflation, which is slowing consumer spending and threatens the push the world's biggest economy into a recession unless the Federal Reserve acts more forcefully.
Wells Fargo & Co CEO warned on Wednesday that the Federal Reserve would find it "extremely difficult" to manage a soft landing of the economy as the central bank seeks to douse the inflation fire with jumbo interest rate hikes.
A sharp rally in the broad U.S. stock market over the last week in May was not enough to save star stock picker Cathie Wood's ARK Innovation Fund from notching its seventh straight month of losses, extending the longest losing streak in its history.
U.S. corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated pressure on rates and the possibility of a less hawkish Federal Reserve mitigated concerns over companies' ability to repay their debt.
Turkey renews threat of military offensive in Syria
General Motors Co's Buick brand, once one of America's pioneer auto companies, said Wednesday that its future North American lineup will be all-electric by 2030.
Iran building collapse feeds protest anger
The United States will launch new trade talks with Taiwan, U.S.
The United States will launch new trade talks with Taiwan, U.S.
Tesla Inc Chief Executive Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees and seen by Reuters.
Delta Air Lines Inc on Wednesday forecast upbeat revenue for the second quarter, betting on pent-up demand as travelers plan more trips undeterred by the higher prices of tickets, accommodation and rental cars.
Delta Air Lines Inc and United Airlines on Wednesday played down the risk of a U.S.
A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are still seeking ways to buy and sell stock in Russian companies rendered near untouchable due to sanctions.
