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Fed officials discussed possible rate hike 'fairly soon'

Wed, 22 Feb 2017 20:54:27 GMT2017-02-22T20:54:27Z

WASHINGTON (AP) -- Federal Reserve officials earlier this month discussed the need to raise a key interest rate again "fairly soon," especially if the economy remains strong....



Tesla swings to loss in 4Q, says Model 3 on target

Thu, 23 Feb 2017 00:25:45 GMT2017-02-23T00:25:45Z

DETROIT (AP) -- Unable to string together profitable quarters, electric car and solar cell maker Tesla Inc. reported a loss for the last three months of 2016....



Nobel-winning economist Kenneth J. Arrow dies at 95

Thu, 23 Feb 2017 01:51:37 GMT2017-02-23T01:51:37Z

PALO ALTO, Calif. (AP) -- Kenneth J. Arrow, the youngest-ever winner of a Nobel prize for economics, whose theories on risk, innovation and the basic mathematics of markets have influenced thinking on everything from voting to health insurance to high finance, has died. He was 95....



Ivanka Trump visits center for minority-owned businesses

Thu, 23 Feb 2017 08:56:04 GMT2017-02-23T08:56:04Z

WASHINGTON (AP) -- Ivanka Trump is learning more about economic policy as she takes on a more visible role in and around Washington....



INFLUENCE GAME: GM bill is self-driving and self-interested

Thu, 23 Feb 2017 08:46:04 GMT2017-02-23T08:46:04Z

WASHINGTON (AP) -- With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade legislators across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road....



US, Mexico at odds over deportation as top officials meet

Thu, 23 Feb 2017 08:25:25 GMT2017-02-23T08:25:25Z

MEXICO CITY (AP) -- Mexico's mounting unease and resentment over President Donald Trump's immigration crackdown are looming over a gathering of U.S. and Mexican leaders that the U.S. had hoped would project a strong future for relations between neighbors....



Americans buy existing homes at fastest pace in a decade

Wed, 22 Feb 2017 16:47:03 GMT2017-02-22T16:47:03Z

WASHINGTON (AP) -- Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of available homes has dwindled to record lows....



PSA Peugeot Citroen profits up as it eyes buy of GM's Opel

Thu, 23 Feb 2017 08:13:41 GMT2017-02-23T08:13:41Z

PARIS (AP) -- French carmaker PSA Group saw its profits jump last year and is giving dividends for the first time since 2011, burnishing its image as it weighs a buyout of General Motors' money-losing European operations....