President Biden’s signature climate law appears to be encouraging more investment in American manufacturing than initially expected, powering what’s expected to be a surge in new factory jobs and domestic clean energy technologies, according to independent forecasters. If the boom

The pandemic had a bright silver lining for Elkhart, Ind. The city, renowned as the capital of recreational vehicle production, had a surge in demand as cooped-up families took to the highways and avoided hotels. The cluster of manufacturers enjoyed

BEIJING (Reuters) -China’s manufacturing activity unexpectedly shrank in April, official data showed on Sunday, raising pressure on policymakers seeking to boost an economy struggling for a post-COVID lift-off amid subdued global demand and persistent property weakness.FILE PHOTO: A worker wearing

(Reuters) -Shares of First Republic Bank tumbled nearly 32% on Friday after a CNBC report said the troubled lender was most likely headed for receivership under the U.S. Federal Deposit Insurance Corporation (FDIC).FILE PHOTO: A trader works at the post

So many people expect a recession soon that it will almost be surprising if a downturn doesn’t happen. After all, the Federal Reserve has been raising interest rate increases for more than a year to tame inflation. Credit conditions have

First Republic Bank, the most imperiled U.S. lender after last month’s banking crisis, on Monday disclosed the grisly details of just how troubled its business has become — and not much else. In the bank’s highly anticipated first update to

When rising floodwater surrounded her home the morning of July 29, Carolyn Combs felt a sense of déjà vu. The year before, floodwater had filled the first floor of her family’s home in Jackson, Ky., damaging living spaces, storage and

It’s a good time to have cash savings. Some banks are offering rates of 5 percent or higher on certificates of deposit, federally insured accounts that lock in a rate for months or years. “C.D. yields are the best we’ve

Tesla’s profit fell sharply in the first three months of the year after it cut the prices of its electric vehicles, the company said on Wednesday. The carmaker, led by Elon Musk, said it had made $2.5 billion in the

The entire northern Front Range, especially metro Denver, was a hot spot coming out of the Great Recession, drawing in young workers from all over the country. But that important driver of economic growth last decade looks like it has