It's hard to comprehend what's happening with this car company. I don't know what's going on behind closed doors, but to the public, the outcome…
It looks almost impossible for GM to avoid bankruptcy, now that bondholders have rejected a government offer that would keep the company on life…
Those Fed meetings we used to watch so closely because of interest rate decisions may be pretty uneventful for a long time. A top Federal Reserve…
The US considers Scientology a religion and gives it tax-exempt status. France considers Scientology a dangerous, money-grubbing sect that preys…
The number of the day is consumer confidence. The Conference Board says its Consumer Confidence Index shot up 14 points in May to 54.9. It was 40…
One strategy to keep people in their homes is changing the terms of their loans. It isn't working. The Wall Street Journal cites a Fitch report…
My favorite headline of the morning comes from CNBC. Depression Likely, but Buy Stocks: Strategist. Alrighty, then. Other things that caught my…
My weekly podcast, After the Bell, is now available. You can subscribe to it, so it'll download automatically each week, right here. It's free. …
The captain of the Titanic — I mean, AIG — is leaving his job as soon as possible, while life rafts are still available. Since he's quitting…
As you know, several banks are trying to get out from under the Treasury's thumb by repaying their TARP money. In the process, it looks pretty…
