GM 2Q Profit Falls 85 Percent On Recall CostsGeneral Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
Facebook 1Q Results Soar; CFO to Step Down Facebook's first-quarter earnings and revenue grew sharply, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.
Sen. Warren Reveals In Memoir White House Wanted Her To Be 'Cheerleader' For Consumer AgencySen. 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.
House OKs Bill To Delay Financial Advice Rules 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 Paying $5.1 Billion In Fannie, Freddie Deal 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 GOP Leader McConnell Criticized As Not Conservative EnoughSenate Republican leader Mitch McConnell is not far enough to the right for some conservatives.
Obama Picks Top White-Crime Prosecutor for SEC JobPresident 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 GOP May Seek Short-Term Debt Limit Extension 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.
Bloomberg: 'I Know Exactly Who I'm Going To Vote For' But I Won't TellMayor Michael Bloomberg says he knows how he'll be voting in next month's presidential election. But thus far, he's not telling.
Opinion: Upon Further Review: Mitt Romney May Have Cheated To Win The DebateThere 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.
Opinion: If Republicans Can't Run A Campaign How Can They Run A Government?It is clear that Democrats have shown a greater propensity to spend money wisely with their campaigns and allied groups. At the end of the day, that is what America needs.