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  • Detroit files for bankruptcy     Thursday, 18 Jul 2013 | 7:00 PM ET

    Detroit's mayor called the bankruptcy "difficult" but a process that could "pay off," reports CNBC's Scott Cohn. Emergency Manager Kevyn Orr offers insight. Doc Thompson of The Blaze Radio Network, Brian Wesbury of First Trust Advisors and Steve Malanga of the Manhattan Institute discuss.

  • Detroit becomes largest US city to file for bankruptcy Thursday, 18 Jul 2013 | 6:26 PM ET
    The fated glory of Detroit: an abandoned building on the outskirts of Motor City

    The Motor City has filed for chapter 9 municipal bankruptcy as it faces up to $20 billion in long-term debt.

  • Detroit files for bankruptcy     Thursday, 18 Jul 2013 | 5:47 PM ET

    Detroit is asking a federal judge for permission to go into Chapter 9 bankruptcy protection, reports CNBC's Scott Cohn.

  • Flipping makes a comeback     Thursday, 18 Jul 2013 | 5:40 PM ET

    CNBC's Scott Cohn is following Detroit's decision to file for Chapter 9 bankruptcy; and flipping was hot during the housing bubble, and it seems to be making a comeback, with CNBC's Diana Olick.

  • Detroit files for bankruptcy     Thursday, 18 Jul 2013 | 4:28 PM ET

    CNBC's Scott Cohn reports Detroit has filed for bankruptcy. It is the largest city in the U.S. to ever do so. Emergency manager Kevyn Orr, who was appointed by the state, asked permission to file for Chapter 9 bankruptcy protection today.

  • Detroit bankruptcy filing imminent: report Thursday, 18 Jul 2013 | 2:32 PM ET

    Detroit may file for bankruptcy as soon as Friday, setting up what would become the largest municipal insolvency in U.S. history.

  • Detroit to file for bankruptcy     Thursday, 18 Jul 2013 | 2:30 PM ET

    Freep.com has reported Detroit prepares to file for bankruptcy tomorrow.

  • Detroit on bankruptcy watch     Wednesday, 17 Jul 2013 | 7:52 PM ET

    If Detroit doesn't make a sweeping deal with creditors, it's expected to file for chapter 9 as early as this week. Alexandra Lebenthal, Lebenthal & Co., offers insight.

  • Mexico catches drug cartel leader     Tuesday, 16 Jul 2013 | 7:25 PM ET

    Sen. Chuck Grassley says IRS officials targeted political candidates for audits, and a major player in the Mexican drug trade has been caught. CNBC's Josh Lipton has tonight's headlines; and Retired General and former drug czar Barry McCaffrey, weighs in.

  • Motor City's Muni Lesson     Wednesday, 10 Jul 2013 | 7:44 PM ET

    Detroit is $19 billion in debt, and in danger of becoming the country's municipal bankruptcy. What this means for the municipal bond market, with Steve Malanga, Manhattan Institute senior fellow; and Doc Thompson, The Blaze Radio.

  • Fighting Blight in Detroit     Wednesday, 10 Jul 2013 | 2:54 PM ET

    Chairman of the Detroit Blight Authority, Bill Pulte is looking to get rid of the dangerous homes in the depressed city of Detroit. He is working to stabilize the city and help fix the suffering public safety issues by decreasing the number of abandon buildings.

  • Ford Is Biggest Winner of Auto Recovery     Tuesday, 2 Jul 2013 | 5:50 AM ET

    Michael Ward, auto analyst at Sterne Agee, discusses the US auto industry "steady recovery", why the Detroit 3 are the biggest beneficiaries and why Japanese brands should continue to hold up.

  • Anxiety in Detroit Over a Trove of Prized Autos Thursday, 20 Jun 2013 | 12:20 PM ET
    Curator Adam Lovell deflates a car capsule housing a 965 Ford XD Cobra prototype owned by the Detroit Historical Society.

    Lurching toward a possible bankruptcy filing, Detroit has become distraught at talk of selling municipal treasures, such as a classic car collection, to help pay off debts.

  • Moody's & the Motor City     Monday, 17 Jun 2013 | 7:52 PM ET

    Discussing the state of Detroit's economy, with CNBC Contributor Keith Boykin; Heather Higgins, Independent Women's Voice; and Doug Holtz-Eakin, American Action Forum.

  • Detroit said it would stop making some debt payments and asked creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in US history.

  • Detroit's Damaging Debt Situation     Friday, 14 Jun 2013 | 2:12 PM ET

    James Hohman of the Mackinac Center for Public Policy discusses how the city might deal with its unfunded health care and pension obligations.

  • Detroit Defaults     Friday, 14 Jun 2013 | 2:00 PM ET

    The city of Detroit is defaulting on $2.5 billion in debt. It's part of the city's attempt to reinvent itself and get on solid financial footing. It will impact retirees and current city workers, reports CNBC's Mary Thompson.

  • US Treasury to Sell 30 Million More GM Shares Wednesday, 5 Jun 2013 | 8:47 AM ET
    U.S. Treasury

    The Treasury Department says it will begin another round of sales of the General Motors stock it acquired during the government's bailout of the auto industry.

  • US Truck Consumption Recovering: Pro     Monday, 3 Jun 2013 | 5:00 AM ET

    Itay Michaeli, auto analyst at Citi, says May should be a "pretty good month" for truck sales which should benefit Detroit makers and says there is "so much pent up demand left".

  • Six Weeks Key to Deciding Detroit's Bankruptcy Fate Sunday, 19 May 2013 | 5:24 PM ET

    There's a lot on the agenda as Detroit's emergency financial manager tries to meet a deadline to decide whether the city and escape a bankruptcy filing.