Mercedes rolls out luxury electric car in duel with Tesla

FRANKFURT, Germany — Daimler AG on Thursday unveiled a battery-powered counterpart to its top Mercedes-Benz luxury…

US average mortgage rates fall again; 30-year loan at 3.04%

WASHINGTON — Mortgage rates fell for a second straight week amid signs of economic improvement. Mortgage…

Safety groups, unions urge US to fix recalled gov’t vehicles

More than a dozen consumer groups and three federal employee unions are asking the U.S. government…

Mideast’s largest mall operator to expand amid vaccine hopes

The Middle East’s largest operator of malls expects revenue and earnings to climb back to pre-pandemic…

A $1.2 billion loss for Delta, but recovery is on the radar

Delta Air Lines says it lost $1.2 billion in the first quarter, but the airline thinks…

Walmart invests in GM’s Cruise autonomous vehicle subsidiary

Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx…

$1,400 stimulus checks helped March retail sales soar 9.8%

Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month,…

After union fight, Jeff Bezos to focus on Amazon workers

After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos said that as executive…

U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks

U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus…

Turkish central bank maintains key rate unchanged at 19%

Turkey’s central bank has kept a key interest rate unchanged at 19%, in its first rate…

Citigroup profit triples in 1Q, tops estimates; revenue down

Citigroup says its first-quarter earnings tripled to $7.88 billion compared with the year-ago quarter NEW YORK…

The Latest: WHO: Europe surpasses 1 million COVID-19 deaths

A top official from the World Health Organization says Europe has surpassed 1 million deaths from…

Bank of America profit doubles in 1Q to $8.1 billion

Bank of America Corp. says its net income doubled to $8.05 billion in the first quarter…

‘Hillbilly Elegy’ author J.D. Vance quits firm after tweets

MOREHEAD, Ky. — “Hillbilly Elegy” author J.D. Vance has resigned from the board of a company…

UnitedHealth ups forecast after strong start to year

Profits jumped about 44% in the first quarter and UnitedHealth boosted its outlook for the year…