Business

If GM wins court approval for its asset sale, a "New GM" could be ready to make an initial public offering in 2010.

General Motors reported a 34 percent drop in U.S. sales for June, its first sales results since it filed for bankruptcy.

Whenever a person relies on hindsight to evaluate an experience, he or she tends to end up thinking negatively.

Despite an increase in discretionary income, many UK households are cutting back on unnecessary spending.

Oil prices to correct from the recent rally to about $60 a barrel or lower, amid demand weakness.

The start of 2nd-quarter earnings season could determine how much faith investors should have in an economic recovery.