| | | Renault CEO Ghosn targeted in French diesel probe | | | PARIS (Reuters) - France's consumer fraud watchdog told prosecutors that Renault boss Carlos Ghosn should be held responsible for the carmaker's suspected diesel emissions cheating, a judicial source said on Wednesday. |
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| | | Wall Street rallies as Fed raises rates, stays course | | | NEW YORK (Reuters) - U.S. stocks rose sharply on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected, but did not flag any plan to accelerate the pace of monetary tightening. |
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| | | Big win for automakers as Trump orders fuel economy standards review | | | DETROIT/WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday ordered a review of tough U.S. vehicle fuel-efficiency standards put in place by the Obama administration, handing a victory to auto industry executives and provoking criticism from Democrats and environmental groups. |
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| | | Stocks strengthen, dollar fades as Fed sees gradual tightening | | | NEW YORK (Reuters) - U.S. stocks pushed higher on Wednesday, while Treasury yields fell and the dollar weakened, after the Federal Reserve raised interest rates for the second time in three months but did not flag any plan to accelerate the pace of monetary tightening. |
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| | | Gundlach expects short-term rally in U.S. Treasuries on Fed: CNBC | | | NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expected a short-term rally in U.S. Treasuries and that investors should "use the strength" in U.S. stocks to take profits and diversify in overseas markets. |
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