Economy

European Central Bank cuts forecasts for 2013 growth, inflation.

European Central Bank cuts forecasts for 2013 growth, inflation.

Sandy's impact wanes on claims, but storm is expected to dampen November payroll gains.

Sandy's impact wanes on claims, but storm is expected to dampen November payroll gains.

Company will spend more than $100 mln to shift some production away from China.

President suggests he's willing to accept some entitlement cuts.