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Reuters: The Chinese are learning the problem of easy access to credit cards. Reuters: The US recovery is still slow…
GM says it will sell 1.4 million cars in China this year. It sold about 180,000 in the US in…
Reuters: A college education no longer means easy employment in China. Reuters: Fannie Mae (FNM) lost $14.8 billion. Reuters: The…
GM’s new chairman Edward E. Whitacre Jr said that one of his major goals is to make certain that the…
The human toll of the recession, reported to be the worst economic downturn since the 1930s, has been so searing…
Reuters: A plan for universal healthcare in China could cut the savings rate. Reuters: Bank regulators are opposing the Obama…
GM’s July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down…
Ford’s (F) July sales rose 2.3% to to 165,279. SUV sales were weak, off 36%, so cars and crossovers had…
Nissan’s new Leaf car doesn’t use any gas and it does not produce any emissions. It is electric and it…
Reuters: Video games hope to make a comeback with new titles and price cuts. Reuters: “Cash for clunkers” should help…
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s…
Ford (F) made two audacious decisions recently, decisions made in an industry where audacity is a distant memory that died…
The $1 billion “Cash for Clunkers” program was an ideal way for the government to protect its $50 billion investment…
Ford (F) makes better cars than it did last year, or at least there is better demand for them. The…
Our top personal finance-related articles today. Your wallet will thank you later.