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  • Stocks pulled back Monday after logging their best five-day streak in 75 years last week.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Big 3 Bailout

    The Detroit automakers have been lumped together for decades as the Big Three, but this week their agendas are diverging as they contemplate futures as drastically different car companies, the New York Times reports.

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    The Big Three automakers are returning to Washington this week with business plans they hope will lead to a federal bailout. But any government help will probably come too late for thousands of dealerships.

  • The historic downsizing of the Detroit automakers has already eliminated more than 100,000 factory jobs over the last three years. But at Chrysler, the day before Thanksgiving was the moment of reckoning for endangered members of its white-collar work force.

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    Investors drove shares of Ford and General Motors higher on Friday ahead of the automakers' second trip to Washington. Should you hop on for the ride?

  • Stocks rose again in light post-Thanksgiving trading, logging their best five-day streak in 75 years. U.S. financial markets closed Friday at 1 p.m. ET.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • General Motors

    While most of us are spending a long holiday weekend relaxing or watching a cheesy new Christmas movie because your spouse loves seeing even the worst ones, this is a working weekend in Detroit. At GM, Ford, and Chrysler executives are preparing their "business plans" for Congress to review starting Tuesday.

  • Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.

  • Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.

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    From auto companies in the Midwest to Wall Street firms in New York, thousands of laid off workers will spend these holidays wondering where their next job will be. Blue collar or white collar, it doesn't matter. These people are hurting.

  • For the last month, the e-mails I've received about my blogs (yes, I do read every e-mail and respond to many of them) have generally fallen into the following categories:

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Home builder D.R. Horton reported a wider quarterly loss Tuesday — yet its shares jumped on U.S. government moves to buoy the financial sector. But home prices and mortgage rates dropped further with no floor in sight. Experts told CNBC the problem is market schizophrenia: equity markets have bottomed but credit markets are still spiralling downward.

  • LPL Financial's Jeffrey Kleintop says one type of investment vehicle is going to "bounce the hardest."

  • Despite its overall troubles, General Motors appears to have enough money in its pension fund to last a decade or more, the New York Times reports.

  • Alan Mulally

    It's not quite guilt by association, but it's close. Ford, by virtue of being one of the Big 3 and because its finances are weakened, has been lumped in with General Motors and Chrysler as an auto maker needing a bailout. Somewhere in Dearborn, Michigan Ford CEO Alan Mulally is doing a slow burn.

  • The Big Three

    "As someone is who is ultimately going to be affected by the 'auto bailout', I am torn. Part of me would really like to see the financial system work and the Detroit 3 file for bankruptcy. I don't think they get it...

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.