Stocks General Motors Co

  • The equity turn around Friday from disastrous employment numbers sends a signal to traders and investors that the markets had priced in that world coming to an end. For most Republicans, this happened in November.

  • Rick Wagoner

    The drum beats calling for Rick Wagoner's head, or at least his job, are becoming louder. What started last week with critics and commentators saying any bailout should include new leadership at the Big 3, now has spread to political leaders saying it may be time for some of the auto leadership to change.

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    So now we know. We are in the 12th month of a nasty recession, we have lost billions in net worth, and we have lost at least a couple million jobs in 2008.

  • Futures are trading up on hopes that the stimulus package from India, talk of a greater stimulus package from China, and President-elect Obama's talk to launch the biggest public infrastructure works project since Eisenhower will be game changers in the global slowdown.

  • Growing hopes of a federal bailout for the auto industry and increased action by world governments to stem the global recession pushed stock index futures higher Monday.

  • Bailout Approved

    Congressional leaders said on Friday that they were ready to provide a short-term rescue plan for American automakers, and that they expected to hold a vote on the legislation in a special session next week, the New York Times reports.

  • This new New Deal, including Obama’s middle-class tax credits, will not create permanent economic growth incentives. What will? A genuine supply-side growth agenda to reduce tax rates across-the-board.

  • Stocks shot up like a rocket in the final hour of trading, shrugging off earlier losses triggered by the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Stocks turned mixed in afternoon trading, shrugging off earlier losses triggered by the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Stocks fell sharply Friday after the biggest monthly job loss in 34 years and the highest percentage of delinquent mortgages on record.

  • Ron Gettlefinger

    The announcement by UAW President Ron Gettlefinger that his union may make material changes to its contract to help the Big 3 is a big deal.

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    The announcement by UAW President Ron Gettlefinger that his union may make material changes to its contract to help the Big 3 is a big deal.

  • Job losses hit 533,000 in November, the markets continue to swing like a pendulum and Congress is weighing a major restructuring of the Big Three automakers. To help viewers make sense of the current economic environment, CNBC asked the experts to share their insight.

  • Stocks fell sharply Friday after the biggest monthly job loss in 34 years.

  • Alan Mullaly, Robert Nardelli, and Rick Wagoner

    If you watched the Big 3 CEOs on Capitol Hill Thursday you probably came away with two impressions. First, the contrite tone of the CEOs makes it clear the auto makers know they have to try a more humbled approach.

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    The Dow fell on Thursday as a sharp drop in oil prices sent the energy sector tumbling and disappointing profit outlooks raised the specter of a worsening economy.

  • The bailout-nation saga continued Thursday, as the Little Three carmakers from Detroit testified all day in front of the Senate Banking Committee. So far, the best thing I heard was from Sen. Robert Corker of Tennessee...

  • Stocks ended sharply lower Thursday amid anxiety over a fresh round of layoffs, dismal same-store sales numbers and the prospect of tomorrow's jobs report.

  • Crowd of people on the street

    These will be decidedly unhappy holidays for hundreds of thousands of workers who won't have jobs thanks to the steep economic downturn and the financial crisis

  • The Big Three CEOs returned to Washington to meet with the Senate Banking Committee today, as AT&T and other companies reported job cuts. Following are today's top videos: