Markets / Wall Street

Stories about the financial markets

Daimler Truck to shift spending to battery, hydrogen rigs

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FRANKFURT, Germany — Daimler's truck and bus division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025...

High inflation? A generation of investors has never felt it

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NEW YORK — The central question gripping Wall Street is whether the burst of inflation hitting the economy as it recovers from the pandemic...

ECB sees elevated risks to financial stability in Europe

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FRANKFURT, Germany — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven...

EXPLAINER: Why has the price of Bitcoin been falling?

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NEW YORK — The price of Bitcoin fell as much as 29% Wednesday after the China Banking Association warned member banks of risks associated...

Fox News seeks to dismiss Dominion suit over election claims

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WASHINGTON — Fox News has filed a motion to dismiss a $1.6 billion defamation lawsuit brought by Dominion Voting Systems over claims about the...

AP FACT CHECK: Hyperbole from Biden, GOP on state of economy

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WASHINGTON — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation...

AP source: NTSB chairman to step down at end of June

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WASHINGTON — The chairman of the National Transportation Safety Board will step down from his position at the end of June, and the Biden...

Japan’s economy shrinks 5.1% as pandemic dries up spending

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TOKYO — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic,...

UK jobs market improving as lockdown measures are eased

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LONDON — Further evidence emerged Tuesday to show that the British economy is recovering strongly, with the number of people on payroll increasing as...

Changed by pandemic, many workers won’t return to old jobs

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There’s a wild card in the push to return to post-pandemic life: Many workers don’t want to go back to the jobs they once...