Wednesday, February 24, 2010

GM Adding 1,200 Autoworkers at Ohio Plant

General Motors Corp. said Tuesday it is bringing 1,200 autoworkers back to work this summer to start producing the Chevrolet Cruze compact car at a factory in northeast Ohio.

Monday, February 22, 2010

New Credit Card Laws Go Into Effect

Your next credit card statement is going to contain an ugly truth: how much that card really costs to use.

Wednesday, February 10, 2010

Bernanke Outlines Plan for Pulling in Stimulus

Federal Reserve Chairman Ben Bernanke began Wednesday to outline the central bank's strategy for reeling in stimulus money once the economic recovery is more firmly rooted.

Friday, February 5, 2010

January Unemployment Rate Drops to 9.7 Percent

The unemployment rate dropped unexpectedly in January to 9.7 percent, while employers shed 20,000 jobs, according to a report that offered hope the economy will add jobs soon.

Thursday, January 28, 2010

Bernanke Wins Confirmation to Second Term

The Senate has confirmed Ben Bernanke for a second term as chairman of the Federal Reserve. The 70-30 vote came amid criticism of his judgment ahead of the financial crisis and his support for massive Wall Street bailouts.

Ford Returns to Profitability After 4 Years

Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010. It was the automaker's first annual profit in four years.

Wednesday, January 27, 2010

Fed: No Change in Rates

The Federal Reserve notes some improvement in the economy, but isn't ready to start raising interest rates. The AP's Mark Hamrick reports.