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The article reports that the U.S. Treasury Department announced it plans to sell by the end of 2013 the last 31.1 million shares it holds in car manufacturer General Motors Co. Details are presented about the government's bailout of General Motors amid the global financial crisis of 2008-2009, and the impact it had on both the car industry and its suppliers.

The article discusses uncertainty among some members of the U.S. Federal Reserve (Fed) over how to address the emerging global financial crisis, as revealed by minutes of Fed meetings held in 2007. In December of that year Fed Chairman Ben Bernanke indicated he was not sure whether steep cuts in interest rates were needed. Conversely, Fed member Janet Yellen and William Dudley of the Federal Reserve Bank of New York were early to recognize the growing crisis.

The article reports on the retail sales gain that occurred in December of 2013 in the U.S. and discusses how consumer spending will help U.S. economic growth in 2014.

News briefs on finance are presented including increased profits in the third quarter of 2013 by securities industry firm CME Group Inc., a move to dismiss a lawsuit by Jon S. Corzine filed by the bankruptcy trustee of his former firm MF Global Holdings Ltd. and an increase in the dividend of Westpac Banking Corp.

The article reports on an investigation by the U.S. Treasury Department into allegations that traders in the Treasury market hoarded billions of dollars in securities in order to drive up the price of ten-year notes after the U.S. Federal Reserve noticed anomalies in the ten-year bond market.

The article discusses separate reports from the U.S. government on September 14, 2012 that showed increases during August, 2012 in both gas prices and retail sales, as well as an updated measure of consumer confidence that showed its highest level since May, 2012.

The article reports that crude oil prices rose at at the end of June 2012, largely as a result of a deal regarding public debt in euro zone nations and aggressive statements by the Iranian government.

The article presents news briefs from around the U.S. on several topics including a bankruptcy filing by Gingrich Group LLC, a think tank founded by U.S. presidential candidate Newt Gingrich, claims for jobless benefits in the U.S. for the week ended March 31, 2012, and U.S. Representative Tim Johnson's decision not to seek re-election.

This section offers news briefs related to the financial state of U.S. companies as of September 2011 including one on the plan of a sovereign-wealth fund in South Korea to enhance its stake at the Bank of America Corp., one on the announcement by the European Union (EU) that it has no recapitalization plans for the distressed banks in the region and one on the closure of the Bank of the Commonwealth in Virginia.

This section offers news briefs on finance, including the civil action filed by the U.S. Securities and Exchange Commission against Life Partners Holdings Inc. after announcing that it would delay filing its 10K annual report, the appointment of Phil Southwell as head of the Middle East and north Africa operations of Bank of America Merrill Lynch and the decision of China to further reduce its U.S. Treasury holdings.

This section offers news briefs related to corporate finance including the termination of TD Ameritrade Holding Corp. chief operating officer (COO) David Kelley, the profit posted by SunTrust Inc. in the fourth quarter 2010 and the announcement by federal regulators on the failure of several banks including United Western Bancorp Inc. and Citizen Bank & Trust Co.

This section offers news briefs related to the U.S. financial services industry, including the plan of Steve Black to resign from his post at J.P. Morgan Chase & Co., Mitsubishi UFJ Financial Group Incorporated's plan to buy assets from RBS, and the move by Lehman Brothers Holdings Inc. to modify the terms of restructuring of its Archstone-Smith Trust.