China’s car sales had the biggest monthly plunge on record as the coronavirus kept shoppers away, intensifying the pressure on automakers already battling an unprecedented slump before the outbreak. Sales fell Continue Reading
While infections in the rest of the world accelerate, the coronavirus epidemic is showing signs of easing at its center — China — with new cases slowing dramatically and recoveries Continue Reading
Li Zhenguo is trying hard to return to work after spending five weeks at home in Zhumiao, a village in the central Henan Province. But there is no public transport between Continue Reading
Lawmakers on both sides of the aisle are seeking to add their bills to a fast-moving bipartisan energy package, which is expected to hit the Senate floor for a vote Continue Reading
Tesla is expected to hold its Battery Day in April as Elon Musk announced during the company’s Q4 earnings call. The chief executive said the company has a “compelling story” Continue Reading
Wall Street tumbled in a volatile session on Tuesday after the Federal Reserve surprised investors with a half percentage-point cut in interest rates, amplifying fears about the magnitude of the Continue Reading
The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world’s largest economy from the impact of the coronavirus, but the emergency move failed to Continue Reading
The coronavirus has cut deeply into the volume of cargo crossing the docks at U.S. seaports in a further sign of the economic turmoil caused by the outbreak. First-quarter cargo Continue Reading
The sharp drop in the oil price since the coronavirus outbreak has left US shale producers hanging on for survival, and dependent on their big rivals in Opec to come Continue Reading
The Trump administration sent mixed signals on Tuesday about how quickly testing for the coronavirus would ramp up, stressing that close to a million coronavirus tests should be available this Continue Reading
