It is reported that BMW was ordered by U.S. regulators to reduce fuel
economy ratings on four 2014 Mini Coopers as results from EPA testing didn't match the automaker's submissions.
The 2016 HR - V subcompact crossover delivers the space, utility, comfort and features of a larger vehicle with the sporty driving dynamics and class - leading fuel
economy ratings on par with a small car.
Justice Department says Kia and Hyundai misled consumers with inaccurate fuel
economy ratings on 1.2 million vehicles.
Fuel
economy ratings on the car check in at 19 miles per gallon in the city and 25 mpg on the highways.
Ford is lowering EPA - estimated fuel
economy ratings on six vehicles, and will be making goodwill payments to customers who purchased the mis - rated cars.
Yolanda Vazquez: If you're shopping for a new car this summer, don't be surprised if you see two seemingly identical cars with different fuel
economy ratings on their window stickers.
It's a smooth engine, has sufficient torque lower in the rev range and gets a 36 mpg EPA fuel
economy rating on the highway, which isn't bad considering the Accord's size.
But credits for such things as environmentally friendly air conditioners and stop - start systems means that the actual fuel
economy rating on the window sticker will be less than 54.5 mpg in nine years, and vehicles still will meet the government's mandates.
The story «Ford to lower fuel
economy rating on C - Max hybrid» originally appeared on Automotive News
It can be difficult to find the cheapest
economy rate on some popular domestic routes.
The Ioniq is different, and the 2017 Ioniq Blue Hybrid has the highest fuel -
economy rating on the market, at 58 mpg combined, beating the Toyota Prius Two Eco by 2 mpg combined.
Not exact matches
«The gig
economy is typified by irregularity, meaning there is no job security and instead of having a boss who trains you and helps you improve, your performance is
rated on a scale of 1 - 5 stars by strangers who have no understanding of your growth as a professional,» explains Scot Wingo, founder and CEO of Spiffy, a modern
on - demand company.
He said the concern for highly indebted households will become larger as
rates rise, but said higher
rates will also reflect an
economy on solid ground.
YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said
on Tuesday that the view of the Canadian
economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest
rates rise.
It then explained its view
on how debt analysts should pursue their profession: «Credit
rating decisions should be based
on objective data, policymakers» announcements and realistic assessments of the conditions facing an
economy.
Since the recession ended in mid-2009, the
economy has been expanding at sub-par
rates as a string of problems from higher gas prices to Europe's debt crisis have acted as a drag
on the U.S.
economy.
The Bank of Canada will likely stand pat during their next key interest
rate decision
on September 9th, so a further cut would suggest extreme weakness in the Canadian
economy.
And with negative
rates so new, Mishkin will have to keep a close watch
on whether they work to support flagging
economies.
Economies are not expanding fast enough for them to raise interest
rates, but the longer
rates stay low, the less impact they'll have
on growth.
We know that global
economies are teetering
on the edge and that US financial conditions are tightening (as seen in break - even
rates).
A few things stand out about this particular
rate change: first, the magnitude of influence that just a quarter percentage - point change had
on the stock market; second, the current
rate with an upper range of.50 % compared to the various long - term averages of about 5 %; and third, the
rate remains historically low, with only minute incremental changes, despite the relatively good news we continue to read about the
economy.
That suggests the central bank will leave the borrowing costs unchanged
on Sept. 9, especially since the U.S.
economy expanded at an annual
rate of 3.7 % in the second quarter.
DoubleLine Capital CEO Jeffrey Gundlach speaks to CNBC's Scott Wapner
on the sidelines of the Sohn Conference about his best new investment ideas, his outlook for markets and the
economy, as well as the rising interest
rate environment.
The low interest
rates that the Federal Reserve relied
on to kick - start the
economy, meanwhile, fed this same dynamic, making it easier for fast - growing companies to borrow money to grow further — and making bond interest look unattractive compared with stock dividends.
In response to a question about whether a
rate cut amounted to pouring gasoline
on the overheated housing market, Poloz said «We admit that these conditions are likely to cause financial imbalances,» in some cases, but that the Bank's primary goal is to ameliorate the «financial shock» to the
economy caused by the drop in oil prices.
Emerging
economies are set to slow this year as the U.S. Federal Reserve begins raising interest
rates and there's a rising protectionist rhetoric in advanced
economies, the International Monetary Fund warned
on Monday.
A government of experts is not to be excluded either, especially if experts are clean, competent and working
on an agenda that gives some hope of better government and improving
economy in a country where the unemployment
rate just hit an appalling 11.7 percent in January.
With the domestic
economy too weak to maintain China's high growth
rates, and with exports to the West hurting, the Communist Party in Beijing and its regional offshoots have come to rely heavily
on cheap exports and debt - fuelled investment to sustain China's fragile fortunes.
With the sharing
economy expanding and
on - demand services booming, there are more
rating and review systems being established to help people decide whom to do business with, said Karissa Sparks, the vice president of marketing at the reputation management firm Reputation.com.
But whereas Yglesias praises Bernanke
on a fairly narrow point — the fact that Bernanke promised to keep
rates low even after the
economy improved — what we liked about the speech was the sheer volume of myths and misconceptions that he debunked or clarified in a short period of time.
Zhou responded by cutting interest
rates and easing restrictions
on bank lending, his latest attempt to restore confidence in the world's second - largest
economy.
Portugal's credit
rating is set to return to the headlines Friday as Standard & Poor's updates its opinion
on the southern euro zone
economy.
This paper, however, proposes a different approach: Before pressing the overdrive button
on money printing presses, Tokyo might wish to take a careful look at why the last 15 years of ultra-loose credit policies failed to move the
economy closer to its estimated potential growth
rate of 1.5 percent.
And the world's largest
economy is not doing «very much to actually dispel those concerns,» Moritz Kraemer, chief sovereign
rating officer at S&P global
ratings told CNBC
on Wednesday.
The ECB kept its benchmark interest
rate at zero percent
on Thursday though Draghi suggested that downside risks to the bloc's
economy had diminished and its economic recovery picked up pace.
The finance minister was tight - lipped Friday about the upcoming budget but said the discussion with economists touched
on the uncertainty around NAFTA renegotiations and the impact of changes to U.S. tax
rates on the Canadian
economy.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S.
economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well
on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless
rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
Despite the strong overall report card
on the health of the
economy, financial markets have weakened modestly in the wake of the GDP release, perhaps reflecting disappointment that the GDP growth
rate was not even quicker.
The negative growth
rate of the first quarter, partially related to severe weather in the Northeast, also shows how dependent the
economy is
on external factors.
Eight years after a devastating recession opened an era of loose U.S. monetary policy, the Federal Reserve was set
on Wednesday to raise
rates for the first time since 2006, in a sign the world's largest
economy had overcome most of the wounds of the global financial crisis.
The former Treasury Secretary and Obama Administration economic advisor has come out forcefully
on his blog and in interviews against the Fed's apparent plan to raise
rates, arguing that the risks of raising them too soon — like smothering the
economy recovery — far outweigh the risks of excessive inflation that may be the result of waiting too long.
The BRIC's worst economic performer thus far in 2009, Russia is overly reliant
on energy, has a declining and aging population with Third World mortality
rates and an authoritarian government too willing to intervene in its
economy to the detriment of investors.
The point is that at near zero interest
rates, the U.S. has a lot of buffer
on this front, so if there is a reduction in the
economy, it will be because of a substantial disconnect between supply and demand.
While the Fed is widely expected to keep the benchmark interest
rate on hold, it looks certain to raise it again next month, given signs of possible acceleration in the U.S.
economy.
«Were the FOMC to delay increases in the federal funds
rate for too long, it could end up having to tighten policy relatively abruptly to keep the
economy from significantly overshooting both of the Committee's longer - run policy goals»
on inflation and jobs, Yellen said.
This week brings a wide range of data
on the state of the U.S.
economy, while investors will also have multiple opportunities to try to gain further insight into the thinking of Fed officials
on future interest
rate decisions.
«The Fed may raise
rates at a faster pace than the
economy can withstand,» Stifel Nicolaus» chief economist told CNBC's «
On the Money.»
The central bank offered a gloomier than expected statement about the global
economy when it decided to hold off
on raising interest
rates.
Though the labour market is returning to normal, the U.S.
economy still isn't firing
on all cylinders, so
rate hikes will be slow
Higher taxes
on top earners or increased corporate tax
rates for firms with very high CEO - to - worker compensation ratios could rein in executive pay without adversely affecting workers or the
economy, the report suggests.