WASHINGTON (Reuters) - U.S. producer prices in December recorded their biggest fall in more than three years on tumbling energy costs while underlying inflation pressures were tame, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy.
ZURICH (Reuters) - The Swiss National Bank shocked financial markets on Thursday by scrapping a three-year-old cap on the franc, sending the currency soaring against the euro and stocks plunging on fears for the export-reliant Swiss economy.
NEW YORK (Reuters) - Oil prices declined on Thursday as an erratic dollar and expectations of weakening demand dashed hopes that a strong rally Wednesday might have signaled a bottom to the seven-month price rout.
(Reuters) - Dollar General Corp stuck to its estimate of divesting 1,500 stores to win approval for its bid to buy Family Dollar Corp, a move that analysts said could end up handing the company to Dollar Tree Inc.
NEW YORK (Reuters) - A U.S. judge on Thursday refused to let plaintiffs' lawyers suing General Motors Co access notes from lawyers the company hired to prepare an internal report on the automaker's decade-long mishandling of a deadly ignition-switch flaw.