Fiat Says No Chrysler IPO In 2013Chrysler won't be offering its stock for sale on the public markets this year.
Government Needs $95.51 Per Share To Break Even On GM Bailout"There's no question that Treasury, the taxpayers, are going to lose money on the GM investment," said Special Inspector General Christy Romero.
Stocks Surge After Fed Announces New StimulusU.S. stocks surged Thursday after the Federal Reserve unveiled a long-awaited package of aggressive steps to spur economic growth.
Dow Closes Above 13,000 For First Time Since 2008 CrisisAfter a week of fits and starts, the Dow Jones Industrial Average finally closed above 13,000 -- 13,005.12, to be exact -- for the first time since May 19, 2008.
U.S. Stocks Plummet On Global Recession FearsInvestors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.
Shaky Wall Street Has Bing Concerned About DebtWall Street's rocky ride has Detroit Mayor Dave Bing looking at his city's long-term financial picture.
Fed To Investors: Interest Rates To Stay LowThe Federal Reserve says it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought, with increasing risks.
Stocks Tumble After S&P Downgrade Of USThe Dow plummeted more than 600 points in afternoon trading. Several Michigan stocks took a hit.
Mortgage Interest Rates Near All-time LowsThe sputtering economy is keeping mortgage rates low, with some fixed rates now hovering near four percent.
Video: Worst Week On Wall StreetWrapping up the worst week on Wall Street since 2008, WWJ's Vickie Thomas caught up with a local financial planner.
Stock Market Plummets, Auto Stocks Among Hardest Hit The Dow Jones industrial average plunged more than 500 points Thursday.
Fiat Looking To Increase Ownership Stake In ChryslerFiat is preparing to raise its ownership stake in Chrysler from its current 30% to 46%, spending 1.3 billion dollars in order to increase its interest in Chrysler.
Mulally Earns Over $26 Million: Ford Motor Releases 2010 ProxyFord's proxy statement released Friday indicates he earned over $26 million in salary and compensation.
Stocks Rise Sharply On Signs Of Economic Growth