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Big Three plead for $34 billion from U.S.
The CEOs of the leading automakers were back before Congress Thursday, arguing for a larger bailout than they asked for just two weeks ago, and hoping to undo the damage they did to their case at the earlier hearings.
Stocks slip on job cuts, auto woes
Stocks inched lower Thursday morning on a rash of job cuts at major corporations, weak November retail sales and the start of the automaker bailout hearings on Capitol Hill.
Bernanke: More foreclosure help needed
Federal Reserve Chairman Ben Bernanke said Thursday that the government must do more to address foreclosures.
4.5% mortgage rate wanted
Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said.
More Americans say recession is serious
More than four out of 10 Americans say the economy is in a serious recession, a belief that has grown stronger within the past few weeks, according to a poll released Thursday.
AMD warns of 25% revenue drop
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Wal-Mart escapes November sales slump
Wal-Mart Stores reported November sales that trounced expectations Thursday as the discounter continues to gain market share from its rivals in a worsening economy.
Shake-up coming to Energy Dept.
President-elect Barack Obama's pick for energy secretary will likely lead the department through a new era with a sharp focus on renewable energy, but who'll lead a revamped agency is far from clear.
How to salvage your retirement
The good news about your nest egg: You can find ways to make it last. The bad news: It's not going to be pretty.
Many dipping into retirement savings
As the economic crisis continues to hammer Americans, many are turning to desperate measures by dipping into their retirement funds to make ends meet, according to a survey released Thursday.
Home renovations on sale
If you're struggling to see a silver lining in the beaten-down real estate market, consider this one: It may be a rotten moment to sell your house, but if you've postponed a much needed renovation project on your home - replacing a rotting deck, repairing a leaky roof or updating an antiquated bathroom - now just might be the best time in years to tackle that task.
Post-Mumbai: Traveling for business, safely
If you do much business travel overseas, last week's three days of terror attacks in Mumbai, India's financial capital, had to give you pause -- especially since the deadly attacks struck two luxury hotels popular with foreigners, and a restaurant, the Leopold Cafe, that was a gathering place for visitors from abroad.
Jobless claims in surprise decline
The number of Americans filing new unemployment insurance claims decreased last week, but the number of people continuing to collect benefits hit a 26-year high.
Merck lowers 2009 profit outlook
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CBS Radio to Yahoo's rescue
Yahoo Music fans are used to turning on its radio service to hear rock bands like Fall Out Boy and My Chemical Romance. Those who bother to do so, anyway - as of October the company's LAUNCHcast radio site had lost 43% of its monthly listeners compared to the same month last year, according to comScore.
iPod sales: Hot or cold?
Dirt cheap couture online
If you are an urban woman of a certain age, chances are you've spent at least one afternoon in line at a sample sale. They are the end-of-season fashionista free-for-alls where designers try to clear their inventories with deep discounts. Sample sales are the way you get a Marc Jacobs handbag cheap, or perhaps a pair of Sergio Rossi pumps.
Hawaii to support electric cars
Silicon Valley startup Better Place signs deal with the governor and the state's biggest utility to build a network of charging stations across the Hawaiian islands.
RIM cuts profit outlook
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iPhone: 30% of U.S. market
