Shinzo Abe leaves a news conference at the prime minister's official residence in Tokyo, on Dec. 9. Japan is about to enter a crucial test for Abenomics.
Dec. 10 (Bloomberg) -- General Motors Co. is free from U.S. taxpayer ownership almost half a decade after first receiving government aid, underscoring the domestic auto industry's rebound from the deepest downturn since the Great Depression.
WASHINGTON - American households have regained almost all of the wealth lost during the Great Recession, thanks to surging stock prices and recovering home values.
The dollar was steady against the yen during Asian trading Tuesday as investors continued to mull the likely timing of the Federal Reserve's tapering of its asset-purchase program following last Friday's stronger-than-expected U.S.
The Federal Housing Finance Agency is increasing the guarantee fees that Fannie Mae and Freddie Mac charge for mortgages they acquire, but Illinois will not be assessed an extra fee because of the high level of foreclosure activity in the state.