Obama's budget request to Congress on Monday will forecast a deficit of $1.33 trillion in fiscal year 2012 and will include hundreds of billions of dollars of proposed infrastructure spending...Read More
Nexteer Automotive, the largest remaining industrial employer in Saginaw, Mich., was on the verge of closing when two Chinese entities bought it and began investing in it...Read More
The U.S. trade deficit widened to $48.80 billion in December as rising consumer spending and restocking by U.S. businesses led imports to grow faster than exports...Read More
Simmering discontent among Greek politicians on Friday tested a deal reached just a day earlier to support austerity policies demanded by the government's international creditors...Read More
Spain's government will lower the country's high dismissal cost as part of a crucial overhaul of rigid labor laws meant to lower its towering unemployment rate and spur economic growth....Read More
The Obama administration is attempting to persuade U.S. corporations about the benefits of investing in renewable energy, in an effort to help the industry after a government grant program expired...Read More
The broadest measure of China's global trade surplus fell to a several-year low in 2011, providing China with a stark counterpoint to the long-standing U.S. argument that the yuan is undervalued...Read More
Canada's trade surplus with the rest of the world hit its highest level in more than three years in December, signaling that Canada's economy is shifting toward a reliance on exports to drive growth....Read More
The International Energy Agency cut its 2012 oil-demand growth forecast for the second time in just a few weeks as Europe's economic outlook weakens...Read More
Nexteer Automotive, the largest remaining industrial employer in Saginaw, Mich., was on the verge of closing when two Chinese entities bought it and began investing in it...Read More
Federal regulators have launched a wide-ranging inquiry into the private-equity industry that examines how firms value their investments, among other matters....Read More
A $1.36 billion government-backed deal for a Southern California solar farm has hit a snag and could be days from unraveling, all due to a local construction permit....Read More
The Obama administration is attempting to persuade U.S. corporations about the benefits of investing in renewable energy, in an effort to help the industry after a government grant program expired...Read More
Demand for diamonds will be lower this year due to the dismal global economic climate, De Beers said. The diamond miner reported a rise in its full year 2011 earnings despite a difficult second half...Read More
Indonesian investors behind London-listed mining company Bumi said they may reconsider their attempt to oust financier Nat Rothschild from the company's board...Read More
Allstate warned its insurance agents Friday that it had discovered separate errors in their tax documents and the year-end reports that show data used to calculate their annual bonuses....Read More
A California hedge-fund manager was charged with making a series of improper trades in Google and other tech companies based on inside information...Read More