News and Finance

Asian stock markets were mostly higher Wednesday after Wall Street opened the year with a bang following the release of positive U.S. economic data.
Japan’s Nikkei […]

A simpler credit card agreement is getting a tryout.
The Consumer Financial Protection Bureau on Wednesday released a prototype of a credit card agreement that’s written […]

Chancellor Angela Merkel is downplaying the news that Standard & Poor’s is examining the credit rating of 15 eurozone countries for a possible downgrade, saying […]

World stocks fell Wednesday after a survey showed China’s factories are cutting production and the U.S. lowered its third quarter growth estimate, adding to pessimism […]

Property owners in Shanghai and other big Chinese cities are protesting as measures to cool the once-overheated real estate market prompt developers to slash prices.
The […]

A Detroit-area union is supporting a new labor contract with Chrysler Group, giving the agreement a boost after “no” votes at other key locals.
An official […]

Hurricane Jova strengthened to a major, Category 3 hurricane Monday as it marched toward Mexico’s Pacific coast, threatening the idyllic beach resort of Barra de […]

After years of trying, Congress is taking another stab at retaliating against what many see as Chinese manipulation of its currency to make its exports […]

Greek Prime Minister George Papandreou says his debt-ridden country has “great potential” and can emerge from its deep economic and financial crisis.
As a potentially disastrous […]

Industrial conglomerate United Technologies Corp. is buying aerospace manufacturer Goodrich Corp. for about $16.4 billion in cash in a deal that will significantly expand its […]