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The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams

Representative Barney Frank said the Federal Reserve Bank of New York’s 2008 order to American International Group Inc. to suppress disclosures of bank payments is “troubling” and he supports hearings on the issue.

Representative Barney Frank said the Federal Reserve Bank of New York’s decision to tell American International Group Inc. to limit disclosures on payments to banks is “troubling” and said he supported holding congressional hearings on the issue.

Motorola Inc., the largest U.S. mobile-phone maker, added another device to its lineup based on Google Inc.’s Android software, aiming to find a hit product that rivals Apple Inc.’s iPhone.

The Federal Reserve will have to raise its benchmark interest rate to 3 percent by the end of the year to combat inflation, said Stephen Stanley, chief economist at RBS Securities Inc. in New York.

General Motors Chief Executive Ed Whitacre predicted that the government-owned automaker will end five years of annual losses

AT&T Inc., the second-largest U.S. wireless carrier, plans to introduce phones with Palm Inc.’s and Google Inc.’s operating systems this year to expand its lineup beyond the iPhone and BlackBerry.

Sen. Tim Johnson would succeed retiring Sen. Christopher Dodd as chairman of the committee writing legislation to overhaul financial rules

Cadbury Plc shares fell for a second day in London to trade less than 1 percent above the value of Kraft Foods Inc.’s offer, the smallest spread since the U.S. food maker’s initial approach on Sept. 7.

Toyota Motor Corp.’s Lexus posted a 22 percent surge in December U.S. sales, finishing its 10th consecutive year in the top spot for luxury autos after fending off a challenge by Bayerische Motoren Werke AG.

Apple Inc., seeking to win a larger share of the market for handheld computers, is planning to unveil a tablet PC this month, according to a person familiar with the matter.

Nobel Prize-winning economist Paul Krugman said he sees about a one-third chance the U.S. economy will slide into a recession during the second half of the year as fiscal and monetary stimulus fade.

AT&T cut ties with Tiger Woods after his admissions of marital infidelity, following at least two other companies in backing away from their endorsements of the world’s top-ranked golfer

Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by defaults on commercial and residential property loans that may extend declines into 2010.

AT&T ended its sponsorship deal with Tiger Woods after his admissions of marital infidelity, becoming at least the third company to scale back ties to the professional golfer

Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by souring commercial and residential property loans that may extend the declines into 2010.

Fewer Americans than anticipated filed claims for unemployment benefits last week, pointing to an improvement in the labor market that will help sustain economic growth next year.

Time Warner Cable Inc. Chief Executive Officer Glenn Britt said the company will accept binding arbitration to resolve its fee dispute with News Corp.’s Fox network to carry television programs like “24.”

Confidence among U.S. consumers improved in December for a second month as Americans grew less concerned about the immediate future, pointing to an economy that will keep expanding into 2010.

News Corp.’s networks chief said an accord with Time Warner Cable to carry Fox programs such as “American Idol” and National Football League games is possible before a year-end deadline