While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.» Read More
Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.
Ford Motor on Friday said it's going to have trouble breaking even by 2009 and slashed third-quarter production by 25 percent.
Ask yourself this question: who would have access to this kind of inside information, that it would be leaked to a trading desk? Which is more likely: that a trader creates a rumor that they can profit from, or that inside information has been leaked?
The Dow made a modest advance Thursday as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy. What's the "Word on the Street?"
Nearly 1.5 billion shares and $23 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
Billionaire investor Kirk Kerkorian's Tracinda reports it has increased its ownership stake in Ford Motor Co. to 6.49 percent from 5.5 percent.
Auto stocks are notably weaker here, with new lows for GM, CarMax, and AutoNation; Ford is down 7 percent but not at a new low.
There are a lot of once-highflying stocks that have fallen below $10 and look like bargains. But some stocks are cheap for a reason.
Over the last two weeks I've been inundated with e-mails from readers venting about the latest round of cutbacks Detroit's automakers have announced. What's surprised me the most has been the wide range of reasons why you think the Big 3 are in big trouble.
Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low. Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.
Stocks fell sharply as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped about $6.
Ford Motor is assembling a plan to retool its North American truck plants to build cars in a bid to keep up with changing consumer demand in the United States, the Detroit News reported Wednesday.
Stocks opened lower as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped nearly $3, topping $134 a barrel.
While the markets are relatively calm this morning, inflation worries are still at the top of everyone's agenda. In China, a measure of inflation at the factory rose 8.2 percent in May, the highest in nearly four years, thanks to higher raw material costs. Inflation in Asia is a particular concern...
Nearly 1.5 billion shares and $24 billion traded Tuesday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
Stocks sagged Tuesday as traders mulled over Fed comments about strongly resisting inflation. What's the "Word on the Street?"
Billionaire Kirk Kerkorian's investment company said Tuesday its tender offer for 20 million additional shares of Ford Motor attracted a huge response and will easily enable it to increase its stake in the automaker to about 5.5 percent.
Jon Hilsenrath, money and investing news editor at The Wall Street Journal, offered CNBC his list of five stocks to watch: the winners and losers making news this week.
For the first time in a long time, it looked as if oil was going to stay out of the market headlines. No such luck.
It's a major achievement Chrysler should rightfully be proud of. But it also highlights the next challenge for them, as well as GM and Ford: closing the "perception gap." First, here's the good news for the Big 3 on assembly plant efficiency.