The United States is concerned about China's ability to flood the electric vehicle market but U.S. incentives can increase the affordability of domestically-made EVs, the U.S. energy secretary said on Wednesday.
U.S. wholesale inventories fell more than initially thought in January, which could negatively impact economic growth estimates for the first quarter.
U.S. job openings fell marginally in January, while the number of workers quitting their jobs dropped to a three-year low, indicating that labor market conditions were gradually easing.
U.S. job openings fell marginally in January, while hiring declined as labor market conditions continue to gradually ease.
There was an uptick in U.S. economic activity from early January through late February while inflation and the jobs market presented conflicting signals on how quickly they will cool further, a U.S. Federal Reserve survey showed on Wednesday, underscoring the complicated picture for central bankers as they seek to fully tame pricing pressures.
Oil prices ticked higher on Thursday after U.S. crude inventories rose less than expected last week and fuel stocks saw large draws.
