Inflation remains under control
Prices rose just 1.6 percent last year, giving a small break to consumers.
What direction is Kmart headed?
The company's leaders remain silent on what action they will take to try to save the retail giant.
Stocks tumble on new report
Investors pull back on fears that a turnaround is further off than first thought.
Business today
GM INCOME SLUMPS: General Motors Corp.'s profit dropped 58 percent in the fourth quarter from a year ago but still narrowly beat Wall Street's expectations. GM earned $255-million, or 60 cents a share, for the last three months of 2001. That was a penny a share more than the revised forecast of 59 cents a share by analysts. The automaker also said that even though it earned nearly $1.5-billion for the year, it will make no profit-sharing payments for 2001 to hourly workers in the United States, annual incentive awards for executives or enhanced variable pay for U.S. and Canadian employees who are eligible. GM shares fell 21 cents to $49.75.