Economy

US to Sell Last of Its Stake in General Motors

Government has gradually been selling portions of 912 million shares it owned, leaving its stake at less than 2 percent

Yellen a Step Closer to Becoming US Central Bank Chief

Senate panel approved Thursday Janet Yellen's nomination to become chair of the Federal Reserve

Consumer Prices Easing in US

Government reports that gas prices fell nearly 3 percent in October, as world oil prices decline, US oil production advances

JP Morgan Agrees to Record $13 Billion Settlement

In civil settlement largest US bank admits it regularly overstated quality of mortgages it sold to investors and agrees to pay a record sum to resolve related charges

OECD: World Economy Slowing

Paris-based Organization for Economic Cooperation and Development says global economy will grow by 2.7 percent this year, 3.6 percent in 2014

Key US Stock Indexes Hit Milestones; China Advances

US Destroys Six Tons of Ivory

Workers pulverized stashed elephant tusks in Colorado in an attempt to curtail elephant poaching and cut market for tusks

Eurozone Economic Growth Nearly Stalls

Eurozone's economy expanded just 0.1 percent in July to September period

Yellen: US Economy Stronger, but Still Needs Central Bank Help

Yellen: US Economy Stronger, but Still Needs Central Bank Help

Fed Chief Nominee: Stronger US Growth 'Imperative'

Prospective chairwoman of Federal Reserve says economy has 'farther to go to regain the ground lost in the crisis and the recession'

Report: JPMorgan Secretly Hired Daughter of Wen Jiabao

JPMorgan allegedly paid $1.8 million from 2006 to 2008 to a business that was run by the then-prime minister's daughter