$2.1 million pledged on Chrysler plant revival

FENTON — Local, state and federal officials Thursday affirmed the commitment to reviving the worker-less Chrysler assembly plant, pledging $2.1 million to start the […]

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Take this bank and shove it

When Abel Collins decided to end his three-year banking relationship with Bank of America earlier this year, he simply wanted to make a statement.
The […]

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NMDC to Help India Raise Record $5.5 Billion From Share Sales

India will sell as much as 250 billion rupees ($5.5 billion) of shares in state-run companies this fiscal year, more than half the total […]

The unemployment rate is falling!

The balance has shifted: More states reported declining unemployment in November than posted increases, according to a government report released Friday.
The national unemployment rate […]

Boehner Calls on Geithner to Use TARP Money for Deficit Relief

House Republican Leader John Boehner said Treasury Secretary Timothy Geithner should shut down the financial bailout program and use the $300 billion left in […]

CORRECTED: “Black Friday” deals may not signal retail comeback

When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even […]

Treasury talks to GMAC about more cash

The Treasury Department is in talks with GMAC Financial Services Inc about a possible third cash infusion to the company, an Obama administration official […]

European Loans Post First Annual Decline on Record

Loans to households and companies in Europe posted their first annual decline on record in September as the economic slump curtailed demand for credit […]

UK still in recession after shock Q3 contraction

Britain’s economy contracted unexpectedly in the third quarter of this year, squashing hopes of an end to the downturn and instead making the current […]

Treasuries Show No Lost Appetite With Zero Dollar Returns

Investors can’t get enough Treasuries even as the U.S. budget deficit climbs beyond $1 trillion, the government sells a record amount of debt and […]