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Another hairpin turn for Tesla as stock dives on SEC charge

Tesla investors have taken a wild ride as Wall Street values the promise of one of the world's leading electric car makers, the hurdles the company faces as it tries to become a world-class manufacturer, and a mercurial CEO who can get the market buzzing with a single tweet.

Business Highlights

___ Fed raises rates for 3rd time this year with 1 more expected WASHINGTON (AP) — The Federal Reserve signaled confidence in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate hike before year's end and predicting that it will continue to tighten credit into 2020 to help manage growth and inflation.

Edmunds: How to shop for an electric car

Even though electric vehicles account for just a fraction of overall car sales, they are slowly gaining favor with buyers, particularly as second cars for daily commuting.

Automakers seek flexibility at hearing on mileage standards

The Trump administration's proposal to rollback national fuel economy standards was headed for its second public hearing a day after California officials and scores of speakers here blasted it as a danger to the environment and public health.