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  • Save The Auto Industry? Nope, Let Them "Die" Wednesday, 5 Nov 2008 | 3:05 PM ET

    We spend billions on highways, we already bailed out Chrysler once, and meanwhile Amtrak is constantly struggling to get funding. We should realize that in addition to being worse for the environment than mass transit, having everyone driving around in cars is dangerous period, drunk or sober.

  • In Era of Blog Sniping, Companies Shoot First Wednesday, 5 Nov 2008 | 12:23 PM ET

    Blogging about staff cuts is particularly prevalent in Silicon Valley, where companies feel pressure to break bad news on their own blogs so that they can better control the message.

  • What Obama Is Inheriting—And What He Might Do Wednesday, 5 Nov 2008 | 11:23 AM ET
    Barack Obama

    Barack Obama's election victory comes with an albatross of a prize—an economy beset by a stubborn housing slump and the worst financial crisis in 70 years

  • World Recession Gloom Builds, Australia Cuts Rates Tuesday, 4 Nov 2008 | 12:57 AM ET
    Global Markets

    Australia slashed interest rates Tuesday, presaging cuts expected in Europe later this week in the face of mounting evidence that the global financial crisis has already pushed much of the world into a damaging recession.

  • Market On Hold Before Election Monday, 3 Nov 2008 | 6:14 PM ET

    Stocks ended little changed on Monday with investors unwilling to place significant bets ahead of the presidential election.

  • Stocks Start November With Barely a Flutter Monday, 3 Nov 2008 | 5:15 PM ET

    Stocks were mixed Monday as investors digested a mixed bag of economic data and marched in place ahead of Tuesday's presidential election.

  • Election Keeps Stocks on Hold; Chips Rise Monday, 3 Nov 2008 | 3:36 PM ET

    Stocks were mixed Monday as investors digested a mixed bag of economic data and marched in place ahead of Tuesday's presidential election.

  • Toyota: Are They Ready To Be Number One? Monday, 3 Nov 2008 | 9:08 AM ET

    Later today we'll find out if Toyota passes up GM in October auto sales to become the first foreign auto maker to lead the U.S. in monthly auto sales. If it happens, it would be a watershed moment in the auto industry and in American business.

  • Week Ahead: November More Sober Than Wild October Sunday, 2 Nov 2008 | 10:03 AM ET

    Stocks will be volatile but a little calmer in November after the brutally wild weeks of October. The presidential election should give the market a bounce in the week ahead, but the focus will quickly shift back to the economy.

  • Charlie Brown

    Rick Wagoner meet Charlie Brown. GM's Chairman and CEO now knows how the cartoon character felt getting a box of rocks for Halloween. It looks like Washington/Bush Administration is saying "no thanks" to providing the money needed to make a GM/Chrysler merger happen

  • GM Should Go Bankrupt—I'm Hearing A Lot Of That Thursday, 30 Oct 2008 | 12:48 PM ET
    GM logo, General Motors logo

    As we move closer to seeing the Treasury Department approving $5-10 billion in federal loans to back a merger of GM and Chrysler, I've been hit with a wave of comments from readers, viewers, and others that basically amounts to this: We should let GM go bankrupt because they aren't worth saving.

  • As Gas Prices Go Down, Driving Goes Up Thursday, 30 Oct 2008 | 11:58 AM ET

    The sharp decline in gasoline use earlier this year — with volume down nearly 10 percent in some weeks — suggested to many people, including the automobile companies, that a permanent change in American habits might be at hand. But with gasoline prices falling drastically in recent weeks, some American drivers are returning to their old ways, says the New York Times.

  • Pimco's Gross: Rates To Hold Steady Or Decline More Wednesday, 29 Oct 2008 | 5:02 PM ET

    As the Federal Reserve slashed a key interest rate by 50 basis points on Wednesday, Pimco's Bill Gross said he expects rates to hold or decline to 1 percent.

  • Stocks Jump 11% Amid Bargain-Hunting Spree Tuesday, 28 Oct 2008 | 5:18 PM ET
    Dow Jones Index Chart

    Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.

  • Dow Surges Nearly 700 Points In Late Rally Tuesday, 28 Oct 2008 | 3:47 PM ET

    Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.

  • Stocks Zig-Zag as Confidence Plunges Tuesday, 28 Oct 2008 | 12:57 PM ET

    Volatility reigned again on Wall Street Tuesday as jittery investors had a hard time committing to the morning's early rally -- or to the subsequent paring of gains.

  • Stocks Pare Gains as Confidence Plunges Tuesday, 28 Oct 2008 | 10:10 AM ET

    Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.

  • Futures Take Strength from Global Gains Tuesday, 28 Oct 2008 | 8:15 AM ET

    Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.

  • Busch: Arresting Developments Monday, 27 Oct 2008 | 11:19 AM ET

    The weekend was extremely busy in the world of finance. Starting in South Korea, this nation cut its overnight interest rates by 75 basis points to 4.25%. Genuflecting at the altar of low rates/high liquidity, the Bank of Korea cut rates for the 2nd time this month and by the most ever in one move as the country is experiencing drastically lower growth (0.6% GDP) and a shut off of lending to smaller firms.

  • This week is not only the last one of the month. It's also the week that could determine if GM holds on to the top spot in monthly auto sales in the U.S.