• Retail sales slump but consumer mood perks up

    Sales at U.S. retailers unexpectedly fell in May for the first time in eight months, but a jump in consumer sentiment to a near 2-1/2 year high in early June tempered fears of a slowing economic recovery.
  • Consumer prices dip, support Fed's low rate vow

    Consumer prices fell for the first time in a year last month and the closely watched core inflation rate posted its smallest annual gain since 1966, pointing to a lack of price pressure as the economic recovery gathers steam.
  • Consumer prices dip

    Consumer prices fell for the first time in a year last month and the closely watched core inflation rate posted its smallest annual gain since 1966, pointing to a lack of price pressure as the economic recovery gathers steam.
  • Wall Street falls on Europe debt worries

    U.S. stocks fell on Friday on fears of a financial meltdown stemming from the debt crisis in Greece, but trading was extremely volatile in the aftermath of Thursday's dramatic plunge, keeping investors on edge.
  • Wall St falls on Europe debt worries

    U.S. stocks fell on Friday on fears of a financial meltdown stemming from the debt crisis in Greece, but trading was extremely volatile in the aftermath of Thursday's dramatic plunge, keeping investors on edge.
  • Housing starts post sharp rebound

    Housing starts rose to a six-month high in January and industrial output increased solidly, pointing to an economic recovery that was taking a firm hold and respectable first-quarter growth.
  • Housing starts hit 6-month high, output rises

    U.S. housing starts rose to a six-month high in January and industrial output increased solidly, pointing to an economic recovery that was taking a firm hold and respectable first-quarter growth.
  • GDP hints that recession is moderating

    The U.S. economy shrank slightly less in the first quarter than initially estimated, while corporate profits rebounded, according to government data on Friday that pointed to moderation in the recession.
  • GDP hints recession is moderating

    The U.S. economy shrank slightly less in the first quarter than initially estimated, while corporate profits rebounded, according to government data on Friday that pointed to moderation in the recession.
  • AIG says departing execs will help in transition

    AIG, the giant insurer bailed out by U.S. taxpayers, said on Thursday two top managers in Paris have resigned but will remain in place to oversee an orderly transition, reducing the risk of default on derivatives contracts.
  • Controversial AIG unit sees more departures: source

    Several more employees are leaving the controversial financial products unit that brought American International Group Inc to its knees last year, according to a person with knowledge of developments there.
  • Connecticut analyzes AIG bonuses, possible remedies

    The state of Connecticut is analyzing the details of bonuses paid by American International Group to see whether they violated state law and what possible remedies might be pursued, the Commissioner of Consumer Protection said on Monday.