Economy

US Central Bank Trims Direct Support of American Economy

US Central Bank Trims Direct Support of American Economy

US Central Bank Trims Direct Support of American Economy

Federal Reserve decides time is right to start reducing $85 billion-a-month purchase of securities

US Inflation Flat In November

Tuesday Labor Department report shows little annual inflation, as prices rise just 1.2 percent over the past 12 months

Ireland Exits Its Eurozone Bailout

Ireland ended its reliance on a bailout program that Europe and the International Monetary Fund provided in 2010 to help Dublin avert bankruptcy

Eurozone Industrial Output Slumping

European Union reports industrial output unexpectedly dropped 1.1 percent in October, after falling slightly in September

Data Shows Strengthening US Economy

US Restricts Banks' Securities Trading

US Ends Its Ownership Stake in General Motors

Government sold last shares in GM, with taxpayers overall losing $10 billion of more than $49 billion government handed company during depths of economic downturn in 2008, 2009

US Jobless Rate Lowest Since 2008

Strong US Job Growth Cuts Unemployment to 5-Year Low

American companies hired more workers than expected last month, reducing jobless rate to 7 percent, although doubts remain about recovery's sustainability

US Jobless Rate Lowest Since 2008