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According to Reuters, South Korea launched a major economic stimulus package. Reuters reports that nearly 1,800 publicly held institutions could…
The US unemployment rate in September was 6.1%. The consensus estimates are that the numbers will rise, but there are…
GM (GM) may not get the $10 billion it needs to buy Chrysler, but, even if the Fed comes up…
American car companies hoped the day would never come. Data from October is expected to show the market shares of…
Because Chrysler is now a private company, no one outside the corporation and its investors has a precise picture of…
In a recession, people are supposed to be able to buy soap, hamburgers, beer, and video games. This downturn may…
So much for the plan that GM (GM) would get loot from the Federal Reserve to buy Chrysler. Sources say…
According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan…
Many of the layoff announcements which came over the last several days were as unexpected as they were large. If…
It has only taken a week for the global auto business to rebound from one of its worst periods in…
According to Reuters, investors and banks are in a struggle over whether financial companies should be able to change the…
GM (GM) shares are up 9% on rumors that all major issues needed to set up a merger with Chrysler…
It has been clear for some time that GM’s (GM) sales in the US and Europe have been poor and…
According to Reuters, global stocks rose on possible rate cuts but the economic outlook is grim. Reuters reports that the…
In a sign that the car industry is alive and well, the market cap of VW passed Exxon (XOM) to…
Our top personal finance-related articles today. Your wallet will thank you later.