Finance

A government report says the driver of a Tesla that slammed into a firetruck near Los Angeles last year was using the car’s Autopilot system when a vehicle in front of him suddenly changed lanes and he didn’t have time to react. The National Transportation Safety Board said Tuesday the driver never saw the parked […]

The American manufacturing sector contracted last month, a key measure showed on Tuesday, heightening fears that the trade war with China could bring on a recession. Manufacturing accounts for just 11 percent of the country’s gross domestic product, but it is often seen as a harbinger of what lies ahead for the economy. Stocks fell

Walmart says it will discontinue the sale of handgun and short-barrel rifle ammunition and also publicly request that customers refrain from openly carrying firearms in stores even where state laws allow it. The announcement comes just days after a mass shooting claimed seven lives in Odessa, Texas and follows two other back-to-back shootings last month,

Stocks fell broadly on Wall Street Tuesday as markets opened after a long weekend to expanded tariffs between the U.S. and China. Technology companies led the decline. The sector is particularly sensitive to swings in trade relations with China and tariffs have the potential to drive up costs for gadget and chipmakers. Apple, which relies

U.S. factory activity shrank in August for the first time since August 2016, a sign that the trade war with China is weighing down a crucial sector of the economy. The Institute for Supply Management, an association of purchasing managers, said Tuesday that its manufacturing index slid to 49.1 last month, from 51.2 in July.

Asian stock markets were mostly lower Tuesday after investor jitters over U.S.-Chinese trade tension were revived by a report negotiators cannot agree on a schedule for talks this month. Tokyo’s market benchmark advanced while Shanghai, Hong Kong and South Korea declined. Markets reacted less strongly to last weekend’s U.S. and Chinese tariff hikes in a

Asian stocks were mixed Monday after Washington and Beijing escalated their trade war with new tariff hikes. Shanghai and South Korea advanced while Tokyo and Hong Kong declined. Markets reacted less strongly to the weekend tariff hikes on billions of dollars of goods than to previous increases. Investors are hoping for progress in talks this

Asian stocks were mixed Monday after Washington and Beijing escalated their trade war with new tariff hikes. Shanghai advanced while Tokyo and Hong Kong declined. South Korea’s main index was unchanged. Markets reacted less strongly to the weekend tariff hikes on billions of dollars of goods than to previous increases. Investors are hoping for progress

Notoriety seems to be short-lived here, too, to judge by the appearance of Matt Lauer, the former NBC co-anchor, at the Hampton Classic on Wednesday morning, a day of near Biblical rain. Despite having been, as Mr. Robbins said, “socially exorcised” from the Hamptons after his dismissal from NBC in 2017 amid allegations of sexual

MIAMI, Aug 30 (Reuters) – Hurricane Dorian churned toward Florida with increasingly powerful winds and drenching rains on Friday, wreaking havoc on people’s Labor Day weekend plans in one of America’s biggest vacation destinations. The Miami-based National Hurricane Center said in a statement at 830pm EDT (0030 GMT) on Friday that Dorianhad strengthened into an “extremely dangerous” category