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  • 2008 Buick Enclave

    General Motors said Friday it was recalling 944,000 vehicles because of a problem with a windshield wiper fluid system that could lead to a fire.

  • Stocks declined Friday after weak results from Dell and a jump in oil prices.

  • Markets have headed lower late in the morning and into the afternoon, primarily on the Dell and Gustav news. Tech stocks have been struggling all day. Crude oil and natural gas futures were higher this morning, but the markets have not had any help from energy stocks. And Sen. John McCain’s choice of Alaska Governor Sarah Palin as a running mate came as a surprise to many.

  • Stocks declined Friday after weak results from Dell and a jump in oil prices.

  • General Motors logo

    A top General Motors executive said Thursday that automakers were “deserving” of as much as $50 billion in government-backed loans so that they can build more fuel-efficient cars, the New York Times says.

  • SUVS_lot.jpg

    There's an interesting theory when it comes to the SUV market. It goes like this: now is the best time to buy an SUV because the used market has bottomed out and prices will soon start going up. The more I've heard this, the more I've talked with dealers. And you know what their reaction is? A good laugh.

  • Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $116 a  barrel after earlier topping $120.

  • Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $118 a  barrel after earlier topping $120.

  • Stocks opened higher Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought.   Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.

  • Toyota Prius

    See, even mighty Toyota Motor is shifting into a slower gear. This morning in Tokyo, the company gave its business outlook for 2009 and beyond. It was mixed -- which is not surprising, given the economy. Here's Toyota's plan to stay ahead.

  • U.S. stock-index futures rebounded Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought.  Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.

  • Federal Loans

    Since I've started this blog I've have had people react strongly to some of the things I've said. But NOTHING compares to the e-mails I've read after advocating the need for Federal loans to help the Big 3 automakers re-tool and rebuild their operations.

  • Stocks finished flat Tuesday, caught in the August crosswinds of a strong dollar and Hurricane Gustav. Oil rose more than $1 to settle at $116.27 a barrel.

  • Stocks struggled to remain above water Tuesday, caught in the crosswinds of a strong dollar and Hurricane Gustav.

  • 2007 Honda Fit

    They say timing is everything. For Honda nothing could be truer. In the next couple of weeks an updated version of the company's red-hot subcompact, The Fit, will start rolling into showrooms. Talk about having the right model in place at the right time.

  • Stocks swayed between positive and negative territory Tuesday, caught in the crossbreezes of a strong dollar and Hurricane Gustav.

  • 080826 Obama McCain.jpg

    With the Democratic National Convention starting yesterday, the conversation over which candidate will be better for the economy will heat up.  Here are some stats on the Dow and presidential elections. With the exception of FDR's takeover for Herbert Hoover, it looks like "Change" seems to be less favorable to the markets than continuity when a Republican is in office. The best year for the Dow, on the other hand, occurred under a Democrat's administration.

  • Stocks declined Monday, led by financials, as investors waited for some resolution on Fannie Mae, Freddie Mac and Lehman Brothers following rampant speculation last week.

  • Stocks declined Monday as oil prices ticked higher. Volume is expected to be low this week as the summer winds down.

  • The Big Three

    Let's get some things straight. As I write this blog, I'm fully aware some of you will scoff at the idea of the Federal government offering billions of dollars to the Big 3 in restructuring loans. I know some of you will say, "Don't give them a bail out. Let'em go under."