Banking, finance, and taxes
3415 Articles
Cerberus has invested billions of dollars into the US auto industry. Its best-known deal was its purchase of 80% of…
US car sales have been awful, running off as much as 30% recently. But, there is always China. It is…
According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the…
John Dingell and other slippery congressmen and governors who get free meals and martinis from car company lobbyists went to…
Approximately half of the subscribers to Sirius (SIRI) satellite radio originally came though new car sales. That channel accounted for…
It was no secret that US auto sales were going to be down the drain. Frankly, it is hard to…
GM’s (GM) stock can no longer be viewed as equity in the sense that it would be at most companies.…
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…
Our top personal finance-related articles today. Your wallet will thank you later.