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New U.S. mortgage rules aim to stop wrongful foreclosures

The U.S. agency charged with protecting consumers' finances approved rules on Thursday that will help prevent wrongful home foreclosures, as the regulator continues to press on with reforming the country's massive lending market. The rules by the Consumer Financial Protection Bureau (CFPB), created in the aftermath of the U.S. housing bust that began in 2006, build on current regulations requiring a mortgage servicer to grant certain foreclosure protections to a struggling borrower once …

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New U.S. mortgage rules aim to stop wrongful foreclosures

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U.S. jobless claims rise marginally, factory orders decline

The number of Americans filing for unemployment benefits unexpectedly rose last week, while renewed job cuts in the energy sector boosted layoffs announced by U.S.-based employers in July. Despite the increases, the labor market remains healthy and will probably continue to support economic growth for the rest of this year

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U.S. jobless claims rise marginally, factory orders decline

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Hillary Clinton to propose $10 billion manufacturing investment

By Alana Wise WASHINGTON (Reuters) – Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in the industry. Clinton is slated to roll out the proposal on Friday in Syracuse, New York, ahead of the state's nominating contest on April 19. New York has long been a

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Hillary Clinton to propose $10 billion manufacturing investment

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Tesla unveils $35,000-Model 3 with range of 215 miles

By Alexandria Sage and Joseph White HAWTHORNE, Calif. (Reuters) – Tesla Motors gave a sneak preview Thursday of its Model 3 sedan, saying more than 130,000 people had ordered the car, even though it is more than a year away from production. Tesla Chief Executive Elon Musk unveiled a prototype of the Model 3 in Hawthorne, California outside Los Angeles to hundreds of Tesla owners and the media, saying the vehicle will go into production in 2017 at a starting price of $35,000. Tesla shares have jumped …

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Tesla unveils $35,000-Model 3 with range of 215 miles

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Strong U.S. jobs report unlikely to sway cautious Fed

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased solidly in March and wages rebounded, underscoring the economy's resilience, but the Federal Reserve is expected to remain cautious in raising interest rates this year due to slowing global growth. Nonfarm payrolls increased 215,000 last month, the Labor Department

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Strong U.S. jobs report unlikely to sway cautious Fed