MetLife posts 3rd-quarter loss

MetLife Inc, the No. 1 U.S. life insurer, said on Thursday it posted a quarterly loss, hurt by investment losses, some of which were […]

New home sales drop, durable goods orders up

Sales of new U.S. homes unexpectedly tumbled in September, their first drop in six months, underscoring the hazards to an economic recovery even as […]

Honda nearly triples outlook, more upside seen

Honda Motor Co nearly tripled its annual profit forecasts and more upside may be ahead, with the company taking a conservative view on the […]

Probe widens in Galleon case: report

Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope […]

GM CEO to get raise in compensation: report

General Motors Chief Executive Fritz Henderson will get a raise in his compensation package to $5.45 million under new rules advocated by the U.S. […]

U.S. Fed: Economy perked up from depressed levels

U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the […]

IRS probing home-buyer tax credit claims: report

The U.S. Internal Revenue Service is probing more than 100,000 doubtful claims of a tax credit meant for first-time home buyers, the Wall Street […]

Toys “R” Us facing antitrust probe: report

Toys “R” Us is facing a U.S. antitrust probe over whether the toy retailer used its market clout to stifle discounting by retail competitors […]

Health reform cost? Nobody really knows

There’s nothing like getting a good grade. That’s how the Congressional Budget Office’s preliminary analysis of the Senate Finance health reform bill is being […]

Entrepreneurs create their own recovery

Back in August, Federal Reserve officials suggested that the Great Recession was ending and the U.S. could expect "a gradual resumption of sustainable economic […]