Economy

General Motors Recalls Another 1.5 Million Vehicles for Repairs

CEO pledges to change automaker's culture and deal more quickly with manufacturing defects

BP Regains Right to Bid on US Drilling Leases

General Motors Air-Bag Failures Kill 303, Group Says

Center for Auto Safety says death toll is far greater than 12 deaths automaker linked to defect in ignition systems of several models it made from 2003 to 2007

Obama Contacts Heads of State About Ukraine

US Economy Added 175,000 Jobs in February

US Economy Added 175,000 Jobs in February

US Economy Added 175,000 Jobs in February

Labor Department also says unemployment rate edged slightly higher to 6.7 percent, leaving 10.5 million workers unemployed

2015 US Budget Calls for Poor and Middle-Class Tax Breaks

President says spending plan is a reflection of his efforts to address income inequality, wide disparity between wealthiest and poorest Americans

Value of China's Currency Drops

Stories in financial press say it is biggest decline for yuan against dollar in years; currency had been gaining value since 2005

US Economic Growth Slower Than First Thought

Government experts say latest figures show disappointing retail sales, less favorable picture of trade, inventories than initially thought

Yellen: Weather May Have Cooled Economy

Fed chief says snow, frigid weather slow sales of homes, cars, and other goods as consumers stay home to stay warm

US Housing Market Rises Strongly Over Past Year

Home prices rose at fastest rate in eight years in 2013, though gains have slowed in recent months