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Chrysler Exec Says Sales OK Despite Bankruptcy

Posted: 05/20/2009 - A top Chrysler executive says the company is selling cars and trucks better than expected this month despite being under bankruptcy court protection.

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Stocks Show Muted Reaction To Fed Outlook

Updated: 05/21/2009 - Stocks are holding on to modest gains after the Federal Reserve said it expects the economy to improve in coming months even as policymakers lower their expectations for all of 2009.

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Crude Hits Six-Month High

Posted: 05/20/2009 - Oil prices hit a six-month high, climbing above $62 a barrel after a government report showed a drop in U.S. oil supplies for the second straight week.

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Money Matters

Posted: 05/20/2009 - 5 reasons to avoid debt settlement firms.

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Home Depot’s Profit Rises, Topping Forecasts

Posted: 05/19/2009 - The Home Depot reports that its fiscal first-quarter profit rose 44%. The nation's largest home improvement retailer beat Wall Street's expectations despite lower sales.

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Housing Agencies Protest Rules For Stimulus

Posted: 05/19/2009 - Many of the nation's largest public housing authorities fear they will be left out when the government distributes hundreds of millions in economic stimulus dollars.

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Mortgage Fraud Bill Goes to Obama to Sign

Posted: 05/18/2009 - Congress has sent President Barack Obama a bill to clamp down on mortgage fraud. It will also set up a $5 million independent commission to investigate the cause of the worldwide financial meltdown.

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Geithner: No Plans To Cap Executive Pay

Posted: 05/18/2009 - Treasury Secretary Timothy Geithner says the government should not impose caps on executive pay in the financial sector. However, he said Monday government can set compensation standards to curb excessive risk-taking by financial institutions.

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GM, UAW In Dispute Over Imports And Plant Closures

Posted: 05/18/2009 - General Motors and the United Auto Workers are fighting over plans to close 16 U.S. factories and import vehicles from other countries as a June 1 deadline for a concession deal draws near.

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FBI Probes Possible Insider Trading

Posted: 05/15/2009 - Federal prosecutors and the FBI have been investigating possible illegal insider trading by two Securities and Exchange Commission enforcement attorneys.

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Fed Official Says Recovery Will Be Slow

Posted: 05/15/2009 - Richard Fisher, president of the Federal Reserve Bank of Dallas, says he expects the "pace of decline will moderate" in the current quarter.

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Industrial Production Falls By Least In 6 Months

Posted: 05/15/2009 - The Federal Reserve says the nation's industrial production fell in April by the smallest amount in six months, evidence that the pace of the economy's decline is slowing.

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