Nearly three months ago, Hyundai and Kia unveiled software that was designed to thwart an epidemic of thefts of their vehicles, caused by a security flaw that was exposed on TikTok and other social media sites. So far, it hasn’t solved the problem. Across the country, thieves are still ...

WASHINGTON — The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and ...

YOKOHAMA, Japan — Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China’s BYD Auto. BYD Auto is part of a wave of Chinese electric car exporters that are ...

NEW YORK — Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. ...

WASHINGTON — In January, the U.S. government ran up against its legal borrowing limit of $31.381 trillion, and the Treasury Department began implementing “extraordinary measures” to avoid missing payments on its bills. That started speculation about the “x-date” — the date when ...

DETROIT — Tesla’s first-quarter net income tumbled 24 percent from a year ago as multiple price cuts across its model lineup reduced the amount of money generated per vehicle even as sales rose. The Austin, Texas, electric car and solar panel company said Wednesday it made $2.51 billion ...