Business

WASHINGTON — Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions.

BERLIN — Germany on Nov. 13 hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars.

In the trucking, freight and logistics industry, when economist Noel Perry talks, people listen.

In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.

SACRAMENTO, Calif. — The California Trucking Association on Nov. 12 filed what appears to be the first lawsuit challenging a sweeping new labor law that seeks to give wage and benefit protections to workers in the so-called gig economy, including rideshare drivers at companies such as Uber and Lyft.

PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why.

WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.

The U.S. average retail price of diesel rose 1.1 cents to $3.073 a gallon, the Department of Energy reported Nov. 12, the day after the national Veterans Day holiday.

President Donald Trump’s long-running trade battle with China is putting nearly 1.47 million U.S. jobs at risk, according to a new study commissioned by the Port of Los Angeles and written by global consulting firm BST Associates.

Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply predictions.