Business articles

Tesla slips back into red but revenue grows

Tesla on Wednesday slipped back into the red in the recently ended quarter while revenue revved up, with orders for some of its electric car models hitting record highs.

IMF chief ‘reassured’ after talks with Trump’s team

IMF chief Christine Lagarde said Wednesday that she had been reassured by her first meetings with members of the new administration of US President Donald Trump, whose economic programme has caused global jitters.

US Fed officials say they may need to raise rates ‘fairly soon’

US central bankers say they may need to increase the key lending rate “fairly soon,” but are concerned about the uncertainty of President Donald Trump’s tax and spending policies, according to the minutes of their last meeting published Wednesday.

US existing home sales march higher in January

US sales of existing homes rose again in January to hit their fastest pace in nearly a decade despite rising prices and mortgage rates, according to data released Wednesday.