China workers push back with Honda strike

FOSHAN, China — After years of being pushed to work 12-hour days, six days a week on monotonous low-wage assembly line tasks, China’s workers […]

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Bond Rally on Borrowed Time, Options Traders Indicate

January’s surprise rally in Treasuries may prove fleeting, as options traders bet on bigger price swings in bonds and waning volatility in stocks for […]

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Fed Discusses Limited Bond Sales to Withdraw Stimulus

Federal Reserve officials are considering a proposal to schedule limited sales of bonds from the central bank’s $2.2 trillion balance sheet as part of […]

GM says latest numbers show it’s on right track

General Motors Co. said Monday that it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than in […]

China to guide yuan with eye on major currencies

China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been […]

CVS plunges after bleak pharmacy benefits view

CVS Caremark Corp said its pharmacy benefits management business lost $4.8 billion in contracts heading into next year and will not meet its targets […]

U.S. manufacturers more optimistic: survey

More U.S. manufacturers are optimistic about the economy, but poor demand remains a top concern, according to a survey.
Forty-eight percent of U.S.-based industrial manufacturers […]

New U.S. accounting rules may derail consumer lending

The Federal Reserve’s program to revive the markets for U.S. securitized debt may be disrupted and credit to consumers choked off if planned accounting […]

Low heat likely as China stews on derivative losses

A Chinese saying nicely sums up the likely fallout from this summer’s tussle between state firms and foreign banks over toxic derivative deals: “When […]

Fujii Says People Misinterpret He Supports Strong Yen

Japanese Finance Minister Hirohisa Fujii said people are wrong to think that he’s in favor of a stronger yen.
The currency pared its gains […]