×

Stocks General Motors Co

  • Jeep_auto_sales.jpg

    Four months into President Obama's administration and three months after he created the Auto Task Force to find a solution for an imploding auto industry, people are mad at the President.

  • Sell U.S. stocks, sell U.S. bonds, sell the dollar and protect your wealth by going abroad, said Peter Schiff, president of Euro Pacific Capital.

  • On a week dominated by a new credit card bill and concerns over the US government debt AAA-credit rating, the markets end the week roughly flat to positive, following an abrupt reversal late Friday. 

  • Stocks moved sideways on light trading today.The President signed the credit card bill this afternoon. Remember the key provisions: 1) Takes effect in 9 months 2) Card companies can't raise interest rates until the balance is sixty days overdue 3) Increases in interest rates due to non-payment can be reversed after six consecutive months of on-time payments.

  • Investor Spring Cleaning - A CNBC Special Report

    Stocks made another break higher on Friday as the dollar's drop spurred buying in multinational companies. Worries about a possible downgrade of the U.S.'s credit rating left the market on rocky ground ahead of the Memorial Day weekend but it also sent the dollar to its lowest level this year, which encouraged some buying. Read and listen to what the experts had to say...

  • Investor Spring Cleaning - A CNBC Special Report

    The credit problem right now is not just the availability, but the standards, said Jim Chanos, president and founder of Kynikos Associates.

  • Investor Spring Cleaning - A CNBC Special Report

    Amid anxiety that Great Britain's debt rating will be cut, fears grow that the U.S. could lose its AAA rating. Art Cashin, director of floor operations at UBS, offered CNBC his stock market insights.

  • Stocks made another break higher Friday as worries about a possible downgrade of the U.S.'s credit rating left the market on rocky ground ahead of the Memorial Day weekend.

  • GM Headquarters

    Within two weeks expect to see GM in bankruptcy. And when the company files, whether it's late next week or Monday June 1st, the road map for a quick creation of a newer, leaner GM will be laid out for the Federal Government to follow. It's the Chrysler bankruptcy which has gone about as smoothly as the auto task force was hoping.

  • According to the Washington Post, the U.S. is preparing to steer GM into bankruptcy next week, but other sources say they have no plan to do so-next week.

  • Stocks were set to move higher at the open Friday following a selloff in the previous session as concerns about a credit rating downgrade for the US eased.

  • Chrysler Bankruptcy

    Chrysler has filed for Chapter 11 bankruptcy.  Chapter 11 differs from a Chapter 7 bankruptcy, in that it staves off liquidation. Once financing is secured, the company can emerge from bankruptcy as a new legal entity.  It is this new entity that, as Star Trek's Spock would say, is fascinating.

  • Stocks fell sharply Thursday as the Fed's lowered outlook and disappointing economic data rattled investors.

  • Stocks fell sharply on Thursday as the Fed's lowered outlook and disappointing economic data rattled investors, who had been recently feeling optimistic. Initial jobless claims dropped by 12,000 to a seasonally adjusted 631,000 last week, slightly higher than expected, and continuing claims surged to another record. Experts weighed in on the above and more. Read and listen to what they had to say...

  • Investor Spring Cleaning - A CNBC Special Report

    As many signs hint at improvement in the U.S. economy, employment continues to be the fly in the ointment. Art Cashin, director of floor operations at UBS, talks up the impact on the stock markets — and what investors can expect.

  • Stocks fell sharply Thursday as the Fed's lowered outlook and disappointing economic data rattled investors.

  • Stocks fell sharply on Thursday as the Fed's lowered outlook and disappointing economic data rattled investors, who had been recently feeling optimistic. Initial jobless claims dropped by 12,000 to a seasonally adjusted 631,000 last week, slightly higher than expected, and continuing claims surged to another record. Experts weighed in on the above and more. Read and listen to what they had to say...

  • gmac_logo2.jpg

    The government is providing auto lender GMAC with $7.5 billion in fresh aid to enable it to make new loans for General Motors and Chrysler vehicles.

  • oil_new_1.jpg

    How do you define "free market". Yesterday, I argued the "free market" should determine if cars and trucks are powered by diesel fuel or by the conventional gasoline most vehicles currently use. This baffled some of you.

  • Stocks ended lower Wednesday as banks and techs pulled back and comments from the Fed poured water on the flicker of optimism.