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By Moira Warburton and Gram Slattery WASHINGTON (Reuters) - Republican Kevin McCarthy's bruising quest to become speaker of the U.S. House of Representatives will enter a second day on Wednesday, with...

(Reuters) - U.S. new vehicle sales are expected to decline for major automakers in 2022 due to inventory shortages, which weighed on Asian brands more than the Detroit giants such as General Motors Co...

By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve ended 2022 with a firm promise at its December policy meeting that interest rates would continue rising this year, but at a slower pace a...

By Nate Raymond BOSTON (Reuters) - The architect of the largest U.S. college admissions fraud scheme ever uncovered will be sentenced on Wednesday for helping wealthy parents secure the admission of t...

A look at the day ahead in U.S. and global markets from Alun John The first Fed meeting minutes release of the year is due later, along with manufacturing data and job openings numbers - a fairly chun...

BERLIN (Reuters) -The BMW Group more than doubled its fully-electric vehicle sales in 2022 and plans on raising the share of battery electric vehicles in total sales to 15% in 2023, the carmaker said ...

By Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) - President Joe Biden and Senate Republican leader Mitch McConnell will make a rare joint appearance on Wednesday at a bridge in Kentucky in ...

By Gaurav Dogra (Reuters) - Foreign investors withdrew more money from emerging Asian equities in 2022 than they had done in any year since the global financial crisis in 2008, as rising U.S. interest...

LONDON (Reuters) - Euro zone business activity contracted less than initially thought at the end of last year as price pressures eased, according to a survey which suggested the bloc's recession may n...

BERLIN (Reuters) - High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in activity adds to hopes of a milder-than-exp...