GDP: Economic recovery stumbles

Economic growth slowed to a crawl in the first three months of the year as a spike in gasoline, higher overall inflation and continued […]

Chrysler to repay $7.5B of its government bailout

Chrysler will soon repay $7.5 billion in bailout money from the U.S. and Canadian governments, another sign that the company is recovering from its near […]

Explosion rocks Egypt gas terminal near Israel

An explosion rocked a natural gas terminal near Egypt’s border with Israel early on Wednesday, sending flames shooting into the air and forcing the shutdown […]

Labor secretary vows probe into Idaho miner death

U.S. Secretary of Labor Hilda Solis is promising a thorough investigation into the death of an Idaho silver miner whose body was found in the […]

Largest Yemen protests fill boulevard in capital

A sea of hundreds of thousands of anti-government protesters swelled along a five-lane boulevard reaching across Yemen’s capital Friday in the largest of two months […]

China Should Use Currency to Curb Inflation, Government Researchers Say - Bloomberg

Two prominent Chinese state researchers added to calls for the government to use the yuan to help curb inflation that accelerated to a 32-month high […]

Obama calls GOP Medicare, spending plan “radical”

President Barack Obama said Wednesday that congressional Republicans are pushing a radical plan to trim Medicare and Medicaid, ramping up the rhetoric as he and […]

GM eyes doubling of China sales by 2015

SHANGHAI

ECB’s Weber Says Tighter Monetary Policy Can Be Expected - Bloomberg

Bundesbank President Axel Weber said today that European price pressures have increased significantly and that tighter monetary policy can be expected.
Weber, who is a […]

House passes $6 trillion spending cut plan

The House on Friday passed a Republican budget blueprint proposing to fundamentally overhaul Medicare and combat out-of-control budget deficits with sharp spending cuts on social […]