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The world's biggest automakers increasingly are making money by producing luxury models and reaping profits in China and North America, management consulting firm McKinse ..
Goldman Sachs (GS.N) Economist Jan Hatzius said on Wednesday he believed the Federal Reserve will likely raise interest rates late this year or early next year, given the amou ..
Growth in the U.S. manufacturing sector rose to a five-month high in March as output and employment gained, according to an industry report released on Wednesday. Financial da ..
The REIT is the latest in a series of steps Chief Executive Eddie Lampert has taken to shore up the finances of the retailer, which has posted losses for nearly three years. S ..
China and Japan reported gloomy industrial data Wednesday, adding to pressure on leaders of the world's second- and third-largest economies to launch new stimulus. Two su ..
Atlanta Federal Reserve bank president Dennis Lockhart said on Wednesday that the United States remains on track for a likely interest rate hike in the June to September perio ..
Being one of the world's top 30 banks is not worth the hassle of extra regulatory scrutiny and capital requirements, according to a poll of financial industry investors l ..
Bentley Motors' top designer has criticized Ford's (F.N) new Lincoln Continental, fretting on social media about the car's similarities with one of its own mode ..
General Motors is striving to create light but spacious cars with its new Cadillac CT6 and Chevy Malibu, GM's Mark Reuss tells CNBC. ..