DETROIT - The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
TOKYO (Reuters) - Stocks mostly edged up in Asian trade on Tuesday, while tighter money market conditions in the euro zone helped the euro climb to a five-year peak against the yen and a six-week high against the dollar.
WASHINGTON - American households have regained almost all of the wealth lost during the Great Recession, thanks to surging stock prices and recovering home values.
Government regulators and financial industry officials say progress is being made in protecting institutions from cyberattacks, according to a report Monday at Financial Stability Oversight Council meeting.
NEW YORK (Reuters) - Stocks edged higher on Monday, with the S&P 500 closing at a record high, as traders awaited more clues from the Federal Reserve on whether the U.S.