Business

(Reuters) -China's ousting of its securities watchdog head on Wednesday drew a muted cheer from markets, with investors holding out for bigger measures that would tackle the root of the malaise gripping the world's second-largest economy. Yi Huiman was replaced as...

By Shivansh Tiwary (Reuters) -Ford Motor shares surged 6% on Wednesday after the automaker increased its dividend for the first quarter and decided to scale back investments in new capacity for loss-making electric vehicles (EV). On Tuesday, the automaker disclosed...

By Howard Schneider WASHINGTON (Reuters) -The inflation-adjusted wealth of white households in the U.S. grew faster than that of Black and Hispanic households from the start of 2019 through the third quarter of last year, with Black households in particular now worse...