General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
Facebook’s first-quarter earnings and revenue grew sharply, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.
Sen. Elizabeth Warren, D-Mass., reveals in her new memoir that the White House asked her to be a “cheerleader” for the consumer agency she helped to created.
Ignoring a White House veto threat, the House voted on Tuesday for a bill that would delay rules for brokers who provide financial advice to retirees.
JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities it sold them before the housing market collapsed.
Senate Republican leader Mitch McConnell is not far enough to the right for some conservatives.
President Barack Obama on Thursday nominated Mary Jo White, a former U.S. attorney who built a reputation prosecuting white-collar criminals, terrorists and mobsters, to lead the Securities and Exchange Commission.
House Republicans may seek a quick, short-term extension of the government’s debt limit, a move that would avoid an immediate default by the Treasury as the party seeks to maximize leverage in negotiations over spending cuts with President Barack Obama this spring, officials said Thursday.
Mayor Michael Bloomberg says he knows how he’ll be voting in next month’s presidential election. But thus far, he’s not telling.
There was a moment in the debate that will be discussed in the days ahead that everyone missed until yesterday. A review of the debate tape reveals that, apparently, Mitt Romney needed a cheat sheet to keep the lies straight.