CEO Martin Winterkorn said Sunday that he was "deeply sorry" about the practice of reporting false emissions data for some of the automaker's vehicles.
From circling the Kaaba to Hajj selfies, here's what the pilgrimage to Mecca looks like.
U.S. President Barack Obama called for an end to income inequality and panned the media for their handling of the issue of police violence.
CEOs of American companies are seeking progress on an agreement that would allow U.S. firms to invest more in China.
Thirteen of 17 Fed members last week said they still expect to hike rates this year.
A loophole in a 2014 appropriations measure allows donors to give 10 times more to top Republican and Democratic committees in 2016 than they could in 2012.
San Francisco Fed President John Williams declined to specify whether he sees October or December as the appropriate time to go.
Scott Weiner, a San Francisco city supervisor who is running for California's Senate, has been an enthusiastic proponent of the controversial ride-hailing services.
Two separate blazes in California raging for more than a week have killed five people and destroyed hundreds of other man-made structures.
Beginning Monday, some U.S. companies will be able to set up shop in Cuba, assuming Raul Castro will dance with Barack Obama.
U.S. President Barack Obama in his weekly address Saturday called on Congress to pass a budget to fund the federal government before the deadline Sept. 30.
The number that most Americans point to as a bellwether for the American economy doesn't tell the whole story.
The changes were set to take effect Monday.
The big drop came Friday morning despite the U.S. central bank keeping the price of money at virtually zero percent.
Finland has been in recession for three years, with unemployment over 8 percent.
Holding interest rates steady, Federal Reserve Chair Janet Yellen painted an American economy yoked to the ups and downs of world markets.
“It’s time really to close this old chapter and start a new one.”
Since the Occupy Wall Street protests of 2011, New York City has paid out $1.5 million to settle lawsuits, with more pending. The cost doesn’t include legal fees and police overtime.
U.S. averages jumped more than 1 percent after initially fluctuating following the central bank's statement.
Spending cuts and tax hikes will help plug Brazil’s fiscal gap, but they’re not the big fixes needed to dig it out of recession.
The Fed has held rates at historic lows since 2008 in the midst of the Great Recession to help the economy emerge from a near collapse.
Just about everyone is trying to predict how the announcement will affect everything from commodities and stocks to home sales and job prospects.
The Fed's decision not to raise interest rates saved emerging markets from what the World Bank's chief economist called "panic and turmoil."
The Fed decided not to raise a key interest rate Thursday, but U.S. oil prices would not have changed much even if rates had been hiked.
The Department of Health and Human Services is taking a page out of Mr. Wonderful’s book.
The nation's number of housing starts, which had been accelerating for much of the year, dropped by 3 percent in August, government figures show.
Global shares traded mixed ahead of the U.S. central bank’s announcement, which could mark the first increase in interest rates in nearly a decade.
The U.S. central bank's imminent decision on whether to increase the currently low cost of borrowing is keeping many markets on tenterhooks.
Markets braced for a highly anticipated announcement from the U.S. central bank that could mark the first interest rate hike in nearly a decade.
A China expert says there is chance of achieving some consensus on cybersecurity and the South China Sea dispute -- but U.S. should not "push China."