By Bernie Woodall and Deepa Seetharaman DETROIT (Reuters) – Back from the brink with the help of U.S.taxpayers, General Motors Co is expected to report its first annual profit since 2004 with fourth-quarter earnings curbed by rising commodity costs and the drag from its European operations. GM’s results, due […]

  By Ben Berkowitz NEW YORK (Reuters) – Bailed-out insurer American International Group Inc could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the real question is how well its surviving life and property businesses did in a tough market. AIG said earlier this month it […]

  By ALEX VEIGA, AP Real Estate Writer LOS ANGELES – The gap between the average sale price of a foreclosed home and that of other properties grew wider last year, giving homebuyers who snapped up bank-owned homes big discounts. And homebuyers can expect to see more of those bargains […]