Warning! Warning! Weak profits ahead
09.01.09
If you're looking for some theme music for the upcoming wave of earnings reports, a funeral dirge is probably most appropriate.
Consumers borrow less than expected
09.01.09
Consumer borrowing decreased sharply in November as the weak economy continued to weigh on household budgets.
Auto execs expect more bankruptcies
09.01.09
More than three out of four auto executives expect more bankruptcies in their industry, according to an annual survey by audit and accounting firm KPMG LLP.
Detroit Auto Show: The party's over
09.01.09
Reporters hoping for a free appletini mixed by Chrysler chief executive Robert Nardelli at the Detroit Auto Show are in for a disappointment this year.
A $2 trillion bet on powering America
09.01.09
For years we've been hearing about the nation's crumbling and outdated electricity grid.
Restarting the frozen loans market
09.01.09
The government's first step toward thawing the frozen market for small business loans will take effect next month, in a behind-the-scenes move to unlock the capital some banks rely on to finance their small business lending.
Citi backs foreclosure prevention plan
09.01.09
Citigroup reached an agreement with Democratic lawmakers Thursday on legislation that would allow judges to reduce mortgage debt for individuals who have filed for bankruptcy.
Gearing up for the jobs report
09.01.09
Stocks seesawed Thursday on worries about the consumer after weak retail sales, and ahead of the December employment report which is expected to show massive job losses.
Radical cheap: $1,000 homes
09.01.09
The real estate market is so awful that buyers are now scooping up homes for as little as $1,000.
The case for doing nothing
09.01.09
Congress will soon debate what kind of economic stimulus package should be passed, but some economists are increasingly wondering whether it's a good idea to approve any stimulus at all.