Economy
3443 Articles
Cutting jobs is one thing. Going out of business is another. As it becomes clear that millions of jobs will…
"Ecce Auto" (Behold the car). With that back of the hand brush off, the 110th US Congress just left the…
Czar Nicholas II is not available due to his untimely demise, so Congress and the administration will have to find…
Thornburg Mortgage (TMA) was just suspended from trading on the NYSE. Its price has been below $1 for too long.…
The latest and one of the most bizarre aspects of the decision of whether the US government will make loans…
The Big Three restructuring plans submitted to Congress make good bedtime reading. The programs are full of assumptions which, taken…
Ford Motor Co. (NYSE: F) just released its November auto sales, and it is pretty hard to get excited about…
Ford Motor Co. (NYSE: F) is submitting its plan to Congress, and interestingly enough it does not sound as dire…
Look at the GM (GM) 10-Q. The company had $3.3 billion in sales, general, and administrative expenses. That is all…
A lot of fat, pork-barreling Congressmen who are supposed to vote on an auto bailout just want to go home…
According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost…
It is already December and it is time for corporations to have at least started their reviews for how to…
GM (GM) has plants in Mexico. Ford (F) has plants in Wales, Germany, Turkey, and Spain. Chrysler has facilities in…
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It…
Ford (F) made another perverse move up today rising as much as 22% to $2.64. At this juncture, even if…
Our top personal finance-related articles today. Your wallet will thank you later.