The second half of 2009 kicked off with a bang with both the Dow and S&P trading higher after reports showed manufacturing began improving, albeit modestly.
Stocks got the second half off to a positive start Wednesday after logging their best quarter in a decade. Investors cheered a fourth-straight increase in home sales and shrugged off a disappointing reading on manufacturing.
Improvement in the "second derivative" is no longer acceptable. We will soon have to have outright good news, in my opinion, to move the markets.
Job cuts by America's private employers were worse than expected in June — but planned layoffs fell for a fifth consecutive month. What's it mean for stocks? Art Cashin, director of floor operations at UBS, offered CNBC his market insights.
After we get the June auto sales today, we will be halfway through a year that has thrown the auto makers and American car buyers for loop. Some thoughts on what's changed, what's the same, and some trends/ideas worth examining.
A new month and a new quarter begins on Wall Street, a day after the second quarter and June ended with losses for the major averages.
U.S. car giants General Motors and Ford suspended operations on their production lines in Russia Wednesday as the deepening economic crisis squeezes Russian consumers' demand for new cars.
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Stocks ended on a sour note Tuesday, but still managed to log their best quarter in a decade.
On this date in 1953, General Motors began production of its first sports cars with an initial price tag of...
Sustainability isn’t just about saving the planet. It's about opportunity—reinventing business models to better compete in the global economy.
Stocks fell sharply Tuesday, with the Dow down more than 100 points, after a report showed consumer confidence slumped in June after a sharp rise in May. Today is the last day of the quarter, which means thin volume and volatility as investors do some last-minute window-dressing.
If you have, you've probably noticed things are a little different. Those deals that we've seen for months (ok, in many cases years) offering huge discounts are harder and harder to find. It's a little early to say we are done with the days when the buyer could call the shot on most models. You still, have some leverage, but not as much as in the past.
Though Wall Street's rally has shown signs of stalling recently, investors have pushed the major averages to some impressive numbers as the month and the quarter come to an end.
The major indexes ended trading up Monday. How should you read it? Art Cashin, director of floor operations at UBS Financial Services, joined CNBC Monday afternoon to offer his stock-market outlook.
It may not emerge from bankruptcy as quick as Chrysler, but GM is entering the stretch run, and can see the finish line. Tomorrow, the country's largest auto maker will be back in bankruptcy court to finalize plans to sell the "good assets" to a new GM that will emerge from bankruptcy with a clean balance sheet.
It's a regular question around Detroit and in the auto industry: When will we finally here from new Chrysler CEO Sergio Marchionne?
Sometimes a stock is so cheap it's begging to be bought.
The folks at Car and Driver Magazine have now documented just dangerous it can be. Rigging a car with a red light to alert drivers when to brake, the magazine tested how long it takes to hit the brake when sober, when legally drunk at .08, when reading and e-mail, and when sending a text. The results are scary.
If actions speak louder than words, watch how the Obama administration is dealing with Ford lately.