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GM Nears Deal With U.S. Over Ignition Switches

The U.S. Justice Department is expected to announce a criminal settlement with General Motors as soon as this week over the auto maker’s failure to recall millions of vehicles equipped with a defective ignition switch, said people familiar with the matter.

Five things to listen for during Janet Yellen’s press conference

Here are five things to listen for during the press conference of Federal Reserve Chairwoman Janet Yellen after the central bank delivers its verdict on interest rates.

Stimulus exit could send big ripples through financial system

The Federal Reserve will have to confront the costs of its massive balance-sheet expansion when policy makers raise interest rates.

Big banks poised to cash in if Fed raises interest rates

A Federal Reserve decision to boost interest rates would give a lift to large US banks and offset the drag on earnings from legal settlements and toughened regulations.

Stocks close higher again as markets brace for Fed decision

U.S. stocks attempted slight gains Wednesday as oil extended a recovery and the Federal Reserve was set to begin its two-day policy meeting.

The richest Americans are winning the economic recovery

U.S. Census Bureau data out Wednesday underscore just how lousy the recovery has been if you aren't rich.

Uber’s rivals form an international alliance

San Francisco’s Lyft and China’s Didi Kuadi have teamed up to allow riders to use each other’s app in the startup’s home country.

Expedia, Orbitz win U.S. approval to merge

Online travel company Expedia Inc, the world's largest online travel services company by bookings, has won U.S. antitrust approval to buy rival Orbitz Worldwide Inc for $1.3 billion, the Justice Department said on Wednesday.

News Corp buys social video firm Unruly

News Corp, the publishing group created by magnate Rupert Murdoch, announced plans Wednesday to buy social video ad firm Unruly for up to $176 million.