Harvard economist weighs in on new inflation data

Inflation continued to soar in February, with a key measure hitting a 40-year high, according to federal data released Thursday. Driven by higher energy costs, gasoline in particular, the Consumer Price Index rose 7.9 percent, ...

GM reports lower sales in China, North America

US automaker General Motors saw profits more than double in the first quarter, but said Tuesday that lower sales in China and North America ate into total revenues.

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