domestic

Gross domestic income revised lower, undermining WH recession claims, heritage expert says

Gross domestic income revised lower, undermining WH recession claims, heritage expert says

Fox Business’ Cheryl Casone and Fox News contributor Michael Goodwin discuss the economy’s 0.06% contraction in the spring in “Mornings with Maria.” A data point used by the Biden administration as proof that the country is not in recession was revised this week in the latest batch of economic data released by the Commerce Department. …

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China's Nio takes on BMW and Mercedes in domestic market with flexible battery plan

China’s Nio takes on BMW and Mercedes in domestic market with flexible battery plan

People visit the Nio booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Sept 21 (Reuters) – Chinese electric car startup Nio is seeking to capture a share of the growing European electric vehicle market by …

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