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In a recession, people are supposed to be able to buy soap, hamburgers, beer, and video games. This downturn may…
According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan…
It has only taken a week for the global auto business to rebound from one of its worst periods in…
In a sign that the car industry is alive and well, the market cap of VW passed Exxon (XOM) to…
Porsche is not a very big car company, but it has had some special rights to buy a significant amount…
For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame…
According to Reuters, disappointing earnings pushed Wall St. down. Reuters reports that Yahoo! (YHOO) profits dropped and the company will…
Billionaire, or at least still multimillionaire, Kirk Kerkorian sold a large piece of his stake in Ford (F). The transaction…
GM (GM) may not be able to come up for the money to marry Chrysler. The deal could involve firing…
There is an arcane rule in the Federal Reserve charter that allows it to provide funding to organizations outside the…
Founded during The Great Depression, the UAW is now more than seventy years old. Henry Ford once supposedly said that…
Most corporations have bylaws about how many board members they must have. The federal government requires that boards of directors…
A year ago, it would have been hard to find people who would believe that Sirius XM (SIRI) or Charter…
Toyota is not supposed to have to give out any incentives to sell its cars. They perform better than other…
The merger talks between GM (GM) and Chrysler appear to be heating up. GM would like to have an agreement…
Our top personal finance-related articles today. Your wallet will thank you later.