(Reuters) -The U.S. economy expanded at a modest-to-moderate pace in October and the first half of November while firms grappled with rising inflation and a scramble to fill jobs amid labor shortages, a survey conducted by the Federal Reserve showed on Wednesday.

(Reuters) -General Motors Co said Wednesday it plans to form a joint venture with South Korea's POSCO to build a battery cathode materials plant in North America by 2024.

The U.S. economy expanded at a modest-to-moderate pace in October and the first half of November while firms grappled with rising inflation and a scramble to fill jobs amid labor shortages, a survey conducted by the Federal Reserve showed on Wednesday.

General Motors Co said Wednesday it plans to form a joint venture with South Korea's POSCO to build a battery cathode materials plant in North America by 2024.

WASHINGTON (Reuters) -U.S. President Joe Biden's $1.9 trillion stimulus package in March contributed to stronger demand but is only a small factor in current higher rates of inflation, U.S. Treasury Secretary Janet Yellen told lawmakers on Wednesday.

A U.S. judge has dismissed a $10 billion lawsuit against McDonald's Corp by the media entrepreneur Byron Allen, who accused the fast-food chain of racial discrimination for not advertising with Black-owned media outlets.