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02.07.2010
General Electric Co. backed away Thursday from comments reportedly made by its CEO critical of President Obama and China. The company said Jeffrey Immelt's remarks to Italian executives in Rome were taken out of context and didn't reflect GE policy.
02.07.2010
Stocks slipped Thursday, but managed to trim bigger losses, after worse-than-expected readings on manufacturing, housing and the labor market fueled fears that the economy is heading for another recession.
01.07.2010
Douglas Elmendorf, chief budget cruncher for Congress, got to play the role of bad-news bear before the president's bipartisan fiscal commission on Wednesday.
01.07.2010
The new head of the Gulf Coast disaster's claims fund says his first two priorities will be to cut bigger checks and send them out faster to the oil spill's economic victims.
01.07.2010
The House voted 237-192 Wednesday to pass a sweeping package of reforms to the financial regulatory system, moving the bill a step closer to the finish line.
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