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Reuters: CIT (CIT) may be close to bankruptcy. Reuters: China GDP rose 7.9%. Reuters: Foreclosures hit a record in the…
The San Francisco Chronicle recently wrote that only $9.4 billion of the $50 billion earmarked for the state has made…
The “best” parts of GM were transferred to a newly created company, owned almost two-thirds by taxpayers, at about 6.30…
No one knows how to value social media’s dominant players. The real value for Facebook, LinkedIn, MySpace is elusive (and…
Consumer Reports, the non-profit advocacy magazine owned by the Consumers Union, may fire 21 editors and product reviewers if its…
GM’s most valuable assets have finally been sold to a company controlled by the federal government. A judge approved the…
There is still some conversation about the federal government restricting short-selling activity in certain stocks. The counterargument to these restrictions…
Reuters: California declared a financial emergency. Reuters: An SEC attorney raised concern about a Madoff report in 2004. Reuters: Auto…
Ford’s (F) June sales were down “only” 11% to 154,873. That means, based on drops in volume at other large…
Hyundai has been gaining auto market share in the US. The Korean firm sold almost 37,000 light vehicles in America…
It is time for Detroit to pull its products and sponsorship dollars out of NASCAR. Toyota (TM) may be able to…
Toyota (TM) says that the global automotive industry is facing two more lean years. It expects to lose more money…
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data…
The federal government has set up a number of systems to effectively control the financial and credit systems along with…
Reuters: The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters: China defended its export…
Our top personal finance-related articles today. Your wallet will thank you later.