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.
WASHINGTON�The U.S. government needs to do more to protect the financial system from cyberattacks, senior officials said Monday in a new public call for better coordination between the government and financial companies.
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.