economic

The Organization for Economic Cooperation and Development doubled its forecast for the global recovery from the deepest recession in decades. But even its new numbers call for a remarkably weak economic rebound. "The good news is that the recovery -- albeit a weak one -- is under way," OECD...

As expected, General Motors Corp (NYSE: GM) and Chrysler LLC came with their hats in hand to the federal government seeking an additional $14 billion in additional aid to avoid bankruptcy. More help to the beleaguered industry probably will be needed before the end of the year, particularly if Ford...

All the stock market turmoil has created an interesting situation for many retirees in America. Those age 70½ or older must withdraw certain minimum amounts from their retirement accounts each year under the Internal Revenue Service rules. (The purpose behind forcing those withdrawals is the...