ALBANY, N.Y.— Agriculture contributed an estimated $37.6 billion to New York's economy by 2012, an increase of more than 22 percent over the previous five years, but the number of farms declined slightly, according to the state comptroller. "It makes economic sense for the state to retain and promote our farms to feed our residents and preserve our land,"...» Read More
The second half of the $700 billion Wall Street bailout fund is likely to go toward foreclosure relief—and possibly economic stimulus.
President-elect Barack Obama is laying the groundwork for a giant economic stimulus package, possibly $850 billion over two years, in his first test of legislative give and take with Congress.
The US housing market may be primed for a long-awaited recovery but will still need further help from government rescue measures.
A Chinese-made electric car, backed by Warren Buffett, has been officially introduced to the retail market in that country. The plug-in was scheduled to be sold in the U.S. and Europe starting in 2010, but Reuters quotes BYD Chairman Wang Chuan Fu as telling reporters those plans have been delayed one year to 2011.
If even one of the Big Three goes bankrupt, many of the already struggling auto suppliers will fail, said Wilbur Ross, WL Ross & Co. chairman & CEO of the company.
Chrysler is nearing the minimum level of cash it needs to run the company and will have trouble paying bills after the first of the year, according to its chief financial officer.
Congress and the White House are hoping to reach a final deal Tuesday to provide $15 billion in loans to troubled U.S. automakers. CNBC asked market insiders and members of Congress to share their insight on a bailout for the industry.
Oil markets should brace for a surprise decision on output cuts when OPEC meets Dec. 17, the cartel's president said Saturday, suggesting that reductions could be deeper than expected.
The economic downturn has decimated the market for recycled materials like cardboard, plastic, newspaper and metals.
First off, how much more carbon intensive is it to buy food from the next continent over rather than the next county? Not all that much. In a Reason article called “The Food Miles Mistake,” Ronald Bailey lays out some of the facts about carbon emissions caused by the production and transportation of food.
Looking to save cash and the environment at the same time? This site is for you.
Oil prices are expected to stay around $50 a barrel through next year, but that may not give much of a boost to consumer spending, the economy or stocks.
This time, GM Chief Rick Wagoner will drive a company car to Washington instead of flying by corporate jet as he seeks a government bailout, a spokesman says.
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed.
Not everyone can afford solar panels on the roof. Here's a pair of easy things you can do to lower the monthly bill.
Sales of many high-end luxury cars are bucking the trend of plummeting car sales, and their makers and industry watchers at the Los Angeles Auto Show this week are confident that they will weather the industry downturn just fine.
As Capitol Hill wrestles with a bailout of the Big Three Detroit automakers, CNBC decided to look into the Senate representation of the U.S. automotive manufacturing base. What follows is a state-by-state compilation of auto plants:
Chrysler hopes to restart merger talks with General Motors if the government comes up with a bailout package for automakers, the Financial Times reported Thursday.
The results of Election Day served as a warning from your twentysomething employees and future recruits; America’s educated young—that they are increasingly cognizant of, and proactive about—the urgent need to address global warming.
If the US auto industry is to survive, it will have to undergo a major transformation—slashing operations, focusing on fewer models, shedding dealerships and making better cars, analysts say.