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  • IMF softens views on UK government's policies
    The International Monetary Fund has softened its assessment of the British government's economic policies, saying in a report Wednesday that it did well to ease its pace of austerity cuts, but stressing more was needed to support the recovery.
  • Lowe's 1Q profit rises, but results miss Street
    Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products.
  • US auto factories cutting back on summer downtime
    The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.
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