A bankruptcy judge says he will rule by Monday on whether Chrysler can sell most of the company to a group headed by Italy's Fiat and move toward a speedy exit from Chapter 11.
Saturday, May 30, 2009
Judge to Rule by Monday on Chrysler-Fiat Deal
Posted by Dstall at 12:00 PM 0 comments
Labels: chrysler bankruptcy, judge to rule by monday on chrysler-fiat deal, News - Politics
Thursday, May 28, 2009
Your Money: Understanding Bankruptcy
Chrysler and General Motors are not technically bankrupt as many people may believe. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 5:20 PM 0 comments
Labels: general motors, money, News - Politics, understanding bankruptcy
Money Minute: AOL Going It Alone.
Time Warner will spin out AOL, a merger in toy retailing and new home sales rise. The AP's Mark Hamrick reports.
Posted by Dstall at 5:18 PM 0 comments
Labels: alone, aol, businessminute, minute, News - Politics
GM All but Certain to File for Chapter 11
General Motors, the company that was once the nation's largest employer, moved to the edge of bankruptcy protection Wednesday as debtholders refused a last-ditch deal.
Posted by Dstall at 4:21 AM 0 comments
Labels: gm certain file chapter 11, News - Politics, us automakers
Wednesday, May 27, 2009
Money Minute: Hyundai, Islamic Investing, Delta
Standard&Poor's is launching a Canadian stock index to give investors who follow Islamic law a guide to the country's equity market.
Posted by Dstall at 3:32 PM 0 comments
Labels: delta, hyundai, islamic investing, minute, News - Politics, wall street
Tuesday, May 26, 2009
Money Minute: Improved Consumer Mood
A much better than expected economic report, home prices still sinking and oil prices keep rising.
Posted by Dstall at 3:38 PM 0 comments
Labels: businessminute, improved consumer mood, minute, News - Politics
Friday, May 22, 2009
May 22: Stocks Lose Grip on Gains, Close Lower
Wall Street took a memorial day weekend u-turn, ending a choppy session slight lower.
Posted by Dstall at 2:52 PM 0 comments
Labels: close lower, may 22, News - Politics, stocks lose grip on gains, wall street
Money Minute: Bourbon, FDIC, GM
Federal regulators are adopting a new system to help replenish the deposit insurance fund. The new fee system - which will shift more of the burden to bigger banks - is intended to raise $5.6 billion.
Posted by Dstall at 2:50 PM 0 comments
Labels: bourbon, fdic, GM, minute, News - Politics, newsbriefs
Your Money: Amusement Park Deals
Amusement parks are a great attraction during summer and finding admission deals is easy, if you know where to look. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 2:49 PM 0 comments
Labels: amusement park deals, News - Politics, on the money
Tuesday, May 19, 2009
Your Money: Credit Card Changes
The Senate voted overwhelmingly on Tuesday to rein in credit card rate increases and excessive fees. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 2:35 PM 0 comments
Labels: card changes, congress, credit cards, money, News - Politics
Monday, May 18, 2009
First Person: Economy Keeps Repo Men in Business
Two Green Bay repossession agents talk about how their business has doubled in the past year as a result of the economic downturn. The AP joins the men as they repossess a SUV and discuss the dangers of the job.
Posted by Dstall at 11:48 AM 0 comments
Labels: economy keeps repo men in business, mil, misery_repo_fp first person, News - Politics
Your Money: Choosing a Doctor
If you find yourself needing to choose a new doctor, it can be stressful because there's no concise guide to cost and quality. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 11:46 AM 0 comments
Labels: choosing a doctor, News - Politics, on the money
Friday, May 15, 2009
May 15: Stocks Slide in Cautious Trading
Wall Street's huge spring rally has hit a lull. The government's stress tests of banks are done, earnings reports are winding down and the first wave of April economic data have been released.
Posted by Dstall at 3:51 PM 0 comments
Labels: may 15, News - Politics, stocks slide in cautious trading, wall street
Thursday, May 14, 2009
May 14: Bargain Hunters Hunt Tech Stocks
Investors shoved aside jitters about the economy and did a little bargain hunting, scooping up beaten-down financial and technology stocks.
Posted by Dstall at 3:51 PM 0 comments
Labels: 14, bargain hunters, hunt, News - Politics, tech stocks, wall street
Your Money: Assessing Dividend Paying Stocks
Paul Alan Davis, a co-manager of the Schwab Dividend Equity Investor Fund discusses how his company is assessing dividend paying stocks.
Posted by Dstall at 1:16 PM 0 comments
Labels: assessing dividend paying stocks, News - Politics, on the money
Wednesday, May 13, 2009
Your Money: Budget Home Remodeling
Spring is traditionally a time when many people take on home improvement projects. If you're thinking about making renovations, you may be put off by the costs. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 2:29 PM 0 comments
Labels: budget home remodeling, News - Politics, on the money
Your Money: Summer Vacations
With summer driving season approaching, saving money and getting good deals is easy if you know where to look. AP Personal Finance Editor trevor Delaney explains.
Posted by Dstall at 5:14 AM 0 comments
Labels: News - Politics, on the money, summer vacations
Money Minute: Exxon, GMAC, Oil
A bankruptcy judge has ruled that GMAC Financial Services can become Chrysler's preferred lender.
Posted by Dstall at 5:13 AM 0 comments
Labels: exxon, gmac, minute, News - Politics, newsbriefs, oil
Monday, May 11, 2009
May 11: Wall Street Takes a Break After Rally
Financial stocks dragged Wall Street lower Monday as traders worried that last week's rally was overdone.
Posted by Dstall at 3:37 PM 0 comments
Labels: 11, News - Politics, takes break after rally, wall street
Money Minute: Antitrust, Windows 7, Oil
The Obama administration has warned corporate America that the government will more aggressively investigate big firms that hurt smaller competitors.
Posted by Dstall at 3:31 PM 0 comments
Labels: antitrust, minute, News - Politics, newsbriefs, oil, windows
Your Money: Flying With Your Pet
With vacation season approaching, considerations should be made if you plan on taking the family pet with you. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 12:28 PM 0 comments
Labels: flying with a pet, News - Politics, on the money
Friday, May 8, 2009
Money Minute: Fannie Mae, Toyota, Chrysler
Fannie Mae has posted a quarterly loss of more than $23 billion.
Posted by Dstall at 1:24 PM 0 comments
Labels: chrysler, fannie mae, minute, News - Politics, newsbriefs, toyota
Thursday, May 7, 2009
Your Money: Your New Home
If you're considering taking the plunge into homeownership, the prospect of the new homebuyer's tax credit and lower prices may be too good to pass up. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 3:07 PM 0 comments
Labels: home, News - Politics, on the money
Money Minute: Jobs, Sales, GM Loss
The Labor Department says the number newly laid off workers applying for benefits dropped to 601,000 last week -- the lowest level in 14 weeks. The AP's Mark Hamrick reports.
Posted by Dstall at 3:05 PM 0 comments
Labels: gm loss, jobs, minute, News - Politics, newsbriefs, sales
Wednesday, May 6, 2009
Money Minute: Stress Tests, Ford, Chrysler
Leaked results of the government's stress tests of 19 large banks are boosting investor confidence in the financial sector.
Posted by Dstall at 6:12 PM 0 comments
Labels: chrysler, ford, minute, News - Politics, newsbriefs, stress tests
Your Money: Updating Your Contacts
With the job market taking such a big hit recently, now may be a good time to get your contacts in order. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 12:55 PM 0 comments
Labels: News - Politics, on the money, updating contacts
Tuesday, May 5, 2009
Bernanke: Economy Should Grow Later in 2009
Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the economy should pull out of a recession and start growing again later this year, but warned that unemployment is expected to remain high.
Posted by Dstall at 1:03 PM 0 comments
Labels: bernanke, economy grow 2009, News - Politics
Your Money: The 'Sell in May' Strategy
A time-tested strategy that calls for investors to "sell in May and go away" might sound awfully tempting this year. AP Personal Finance Editor Trevor Delaney expplains.
Posted by Dstall at 1:01 PM 0 comments
Labels: News - Politics, on the money, sell in may strategy
Monday, May 4, 2009
Money Minute: Banks, Spending, Stress Tests
The Federal Reserve says a larger share of banks made it more difficult for people to obtain home mortgages over the last three months.
Posted by Dstall at 1:47 PM 0 comments
Labels: banks spending, minute, News - Politics, newsbriefs, stress tests
Your Money: Secured Credit Cards
For people with limited credit, secured credit cards are one option available to meet your spending needs. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 1:07 PM 0 comments
Labels: News - Politics, on the money, secured credit cards
Friday, May 1, 2009
Money Minute: Manufacturing, Ford, TALF
Manufacturing activity contracted at a slower-than expected pace in April, raising hopes that the steep plunge that began last fall may be moderating.
Posted by Dstall at 1:03 PM 0 comments
Labels: ford, manufacturing, minute, News - Politics, newsbriefs, talf
Chrysler Files for Bankruptcy Protection
Chrysler filed for bankruptcy protection and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes.
Posted by Dstall at 10:14 AM 0 comments
Labels: chrysler files for bankruptcy protection, News - Politics, us