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Administration Rejects Auto Supplier Aid Request

Posted: 06/16/2009 - The Obama administration has turned down a request by auto suppliers for an additional $8 billion to $10 billion in aid to help them deal with the bankruptcies of General Motors and Chrysler.

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Chrysler Restarts First Plant

Posted: 06/15/2009 - Chrysler LLC says it has restarted a small factory that makes the Viper sports car.

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Citigroup CEO: Accept New World Of Tighter Credit

Posted: 06/15/2009 - Citigroup Inc. Chief Executive Vikram Pandit says borrowers should accept a new world of tighter credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes.

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Treasury: Lending By Bailout Banks Fell In April

Posted: 06/15/2009 - The Treasury Department says the value of loans held by the 21 largest institutions getting federal bailout support fell in April, the fifth decline in six months.

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Video Game Sales Fall 23%

Posted: 06/11/2009 - U.S. video gamers spent less on games, hardware and accessories in May compared with a year ago

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Retail Sales Climb In May

Posted: 06/11/2009 - Retail sales have risen by the largest amount in four months in May

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Jobless Claims Drop Less Than Expected

Posted: 06/11/2009 - The tally of newly laid-off Americans requesting jobless benefits fell for the third time in the past four weeks, fresh evidence that companies are cutting fewer jobs.

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Fiat Closes Chrysler Deal

Posted: 06/10/2009 - Italian automaker Fiat says it has closed a deal to take over Chrysler's good assets

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Money Matters

Posted: 06/10/2009 - How to ask for a raise once the economy recovers.

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House Passes "Cash For Clunkers" Program

Posted: 06/09/2009 - The bill would allow consumers to turn in their gas-guzzling cars and trucks for a $4,500 voucher for more fuel-efficient vehicles.

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Economy Forcing Grads To Drop Dream Colleges

Posted: 06/09/2009 - More than 70 percent of high schools report in a new survey that more of their graduates are giving up on their "dream" colleges this year than in previous years.

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Former AT&T CEO To Lead GM

Posted: 06/09/2009 - General Motors Corp. says the former chairman and CEO of AT&T Inc. will become the chairman of the reorganized automaker later this summer

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