British luxury carmaker Jaguar surged to the top of J.D. Power and Associates' closely watched vehicle dependability study this year, tying Buick for the No. 1 spot and dethroning Lexus for the first time since the Japanese luxury brand has been a part of the survey.
People are more likely to trust their financial company if they advertise; they trust their bank or investment firm less if they don't.
The announcement by the Treasury Department that it will provide up to $5 Billion in federal aid is the next move by President Obama's auto task force to help the auto industry avoid a collapse.
The markets surged on Wednesday following the Fed's announcement that it would buy up to $300 billion in longer-term debt. At the session high shortly after the Fed's announcement, the S&P 500 climbed back above the 800 level for the first time since February 17. The index, however, still hasn't closed above 800 since February 13. Nevertheless, by crossing the 800 mark during the day yesterday, the S&P had officially moved up over 20% from its March 6 low of 666.79.
What a difference a week makes. The combination of a market bounce, favorable news from GM, and reports of Ford planning to offer a $2.95 Billion in TALF-related bonds have sent shares of Ford and GM surging in the last week.
The Federal Reserve fueled the rally on Wall Street Wednesday after the central bank announced a plan to buy U.S. debt.
Congress is once again kicking around the idea of giving people an incentive to trade in their old car or truck for a newer, more fuel efficient model. It's an idea that has sparked demand for new cars in other countries around the world. And frankly, it is one of the few incentive programs that is a win/win situation.
Stocks opened lower Wednesday, retracing the previous session's rally, as investors were jittery ahead of the AIG CEO's appearance on Capitol Hill today and the Federal Reserve's statement after a two-day meeting.
Stock index futures pointed to a lower opening Wednesday, following the previous day's rally, as investors remained wary for AIG's chief executive to step up to Capitol Hill and the Federal Reserve to conclude its two-day monetary policy meeting.
After a rocky start, stocks barreled higher Tuesday fueled by a surge in techs and a report that showed new home construction unexpectedly jumped in February. Even banks posted strong gains.
Stocks struggled to hold gains Tuesday as investors were encouraged by a report that showed new home construction unexpectedly jumped in February but banks wobbled.
What follows below is the transcript of my interview with legendary former General Electric Chairman & CEO Jack Welch on The Kudlow Report last night.
Two weeks before the deadline for President Obama's Auto Task Force to decide whether or not to lend Chrysler, GM and suppliers billions more in Federal aid, Chrysler CEO is very clear: he needs a decision.
Stocks struggled at the open Tuesday as investors were encouragd by a report that showed new home construction unexpectedly jumped in February but banks wobbled.
Futures rebounded Tuesday after a report showed new home construction unexpectedly jumped in February.
Last month, a General Motors executive told CNBC that the company would not be using the luxury suites at Ford Field that had been reserved for them for the Final Four.
Following are the day’s biggest winners and losers. Find out why shares of Barclays and DuPont popped while Pfizer and General Motors dropped.
After almost a month of virtual silence by nearly everyone involved in the auto bailout talks, the primary players are starting to talk.
For pure "car lovers", the re-birth of the Chevy Camaro is like an early Christmas gift. A modern day muscle car (base sticker $22,995) built for people who live for the thrill of the drive. But...
GM car sales for March are so far at the same pace as levels seen in January and February, Troy Clarke, president of GM North America tells CNBC.