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  • Toyota Prius

    Australia's government is to inject an extra $2.3 billion into the ailing car industry to offset tariff cuts and a global economic slowdown, Prime Minister Kevin Rudd said on Monday.

  • Stocks Rally but End Week Down 4% Friday, 7 Nov 2008 | 6:14 PM ET

    Stocks bounced back after a two-day selloff as traders shrugged off a bigger job loss than expected. It was a welcome reprieve after the bloodbath of the last two days but wasn't enough to dig out stocks completely and the Dow ended down 4 percent on the week.

  • Dow Shaves Off 100 Points as Obama Speaks Friday, 7 Nov 2008 | 4:03 PM ET

    Stocks bounced back after a two-day selloff as traders shrugged off a bigger job loss than expected. However, a larger-than-expected loss from General Motors clipped some of the Dow's gains as did the first press conference with President-Elect Barack Obama.

  • Stocks Bounce Back but GM Clips Gains Friday, 7 Nov 2008 | 1:58 PM ET

    Stocks rebounded after a two-day selloff as traders shrugged off a bigger job loss than expected.  The 240,000 drop in payrolls was a dismal indication of the economic situation but a lot of that was priced in during the selloff of the past two days, when the Dow lost 10 percent.

  • GM, Ford Losses Deepen; Industry Outlook in Doubt Friday, 7 Nov 2008 | 1:49 PM ET
    Car dealership in Miami

    GM and Ford reported far deeper-than-expected quarterly losses as an extended slump in car sales raised questions about the future of the US auto industry

  • Futures Briefly Pare Gains After Jobs Report Friday, 7 Nov 2008 | 9:20 AM ET

    U.S. stock index futures briefly pared their gains after a report showed more jobs were lost in October than expected.  Earlier, futures had bounced after the two-day selloff that followed the U.S. presidential election that saw the Dow log its worst two-day point drop on record.

  • Jobs Numbers:  Breakdown by Sector Friday, 7 Nov 2008 | 9:10 AM ET

    The latest overall job loss numbers showed a loss of 240,000 jobs in October and the unemployment rate climbed to 6.5%.  This is the highest unemployment rate since March 1994.  The September payroll numbers were revised to a loss of 284,000.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Biggest 2 Day Decline Since '87 Thursday, 6 Nov 2008 | 7:41 PM ET

    Stocks sold off on Thursday in their worst two-day slide since October 1987 with disappointing corporate outlooks and bleak sales from major retailers fueling invsetor fears.

  • Dow Drops 10% in Two Days After Election Thursday, 6 Nov 2008 | 5:21 PM ET

    Blue chips logged their biggest two-day decline on record as worries about the economy gripped the market the minute the U.S. presidential election was over.  Weak outlooks from Cisco and Toyota, dismal October retail sales and the prospect of a very grim payrolls number tomorrow fueled the selloff today.

  • Econ, Earnings Numbers End Up Worse Than Expected Thursday, 6 Nov 2008 | 9:16 AM ET

    The most important fact about the economic and earnings data in the past couple weeks is that it has generally been worse than the already lowered numbers predicted. We have seen this again this morning, with the exception of the Productivity number.

  • Dow Surges As America Votes Tuesday, 4 Nov 2008 | 5:43 PM ET

    The Dow surged higher in an Election Day rally, with investors looking forward to the end of the uncertainty surrounding the long fight for the White House.

  • World Recession Gloom Builds, Australia Cuts Rates Tuesday, 4 Nov 2008 | 12:57 AM ET
    Global Markets

    Australia slashed interest rates Tuesday, presaging cuts expected in Europe later this week in the face of mounting evidence that the global financial crisis has already pushed much of the world into a damaging recession.

  • Market On Hold Before Election Monday, 3 Nov 2008 | 6:14 PM ET

    Stocks ended little changed on Monday with investors unwilling to place significant bets ahead of the presidential election.

  • Stocks Start November With Barely a Flutter Monday, 3 Nov 2008 | 5:15 PM ET

    Stocks were mixed Monday as investors digested a mixed bag of economic data and marched in place ahead of Tuesday's presidential election.

  • Election Keeps Stocks on Hold; Chips Rise Monday, 3 Nov 2008 | 3:36 PM ET

    Stocks were mixed Monday as investors digested a mixed bag of economic data and marched in place ahead of Tuesday's presidential election.

  • No Enthusiasm For A Major Rally Monday, 3 Nov 2008 | 9:15 AM ET

    The search for the elusive bottom continues, but stability is foremost on everyone's mind. That's what we have been getting for the past couple days, and into this morning: the S&P 500 has swung in a roughly 10-point range this morning, downright quiet compared to the prior two months.

  • Toyota: Are They Ready To Be Number One? Monday, 3 Nov 2008 | 9:08 AM ET

    Later today we'll find out if Toyota passes up GM in October auto sales to become the first foreign auto maker to lead the U.S. in monthly auto sales. If it happens, it would be a watershed moment in the auto industry and in American business.

  • Mad Mail: Is Avon Right for This Market? Tuesday, 28 Oct 2008 | 6:53 PM ET

    Plus, Cramer makes the call on Toyota, Lexmark, Affiliated Computer and more.

  • Busch: Autos on a Roll—Downhill Tuesday, 28 Oct 2008 | 9:58 AM ET
    Andrew Busch

    Today the number two Japanese auto market, Honda Motor Co, warned of lower-than-expected annual profits as a deepening financial crisis has hammered demand for cars and sent the yen soaring according to Reuters.

  • This week is not only the last one of the month. It's also the week that could determine if GM holds on to the top spot in monthly auto sales in the U.S.