Asian Shares Slide On China, Fed Concerns

Asian stocks declined on Thursday amid mounting China worries and on hawkish Fed minutes. China’s offshore yuan hit a fresh nine-month low against the dollar on renewed concerns over a Chinese economic slowdown and fears of a debt meltdown in the country’s property sector. Fears of further rate hikes weighed […]

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The American Car No One Wants

Demand for automobiles in the United States has been at a fever level for three years. Prices have risen as pandemic-driven parts shortages slowed production lines. Dealers were able to charge above the manufacturer’s suggested retail price for models consumers had trouble finding. Recently, as car production has risen to […]

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