G.M. to Close Hummer After Sale Fails
DETROIT — General Motors said on Wednesday that it would shut down Hummer, the brand of big sport utility vehicles that became synonymous with the term gas guzzler, after a…
Will Baby Boomers Bankrupt Social Security?
As the record federal budget deficit draws increasing scrutiny from Washington to Wall Street to Main Street, deficit hawks may take aim at entitlement programs including Social Security.Photo: Jonathan D.…
Will Baby Boomers Bankrupt Social Security?
As the record federal budget deficit draws increasing scrutiny from Washington to Wall Street to Main Street, deficit hawks may take aim at entitlement programs including Social Security.Photo: Jonathan D.…
Will Baby Boomers Bankrupt Social Security?
And, the nearly 80 million Baby Boomers phasing into retirement will set in motion a dynamic that—if not addressed by Congress—could result in the next generation getting fewer benefits.
Swiss warn UBS bank could collapse
Switzerland's justice minister warned in an interview on Sunday that top bank UBS could collapse if sensitive talks with the United States over a high-profile tax fraud investigation fall through.…
Swiss warn UBS bank could collapse
Switzerland's justice minister warned in an interview on Sunday that top bank UBS could collapse if sensitive talks with the United States over a high-profile tax fraud investigation fall through.…
Ford Reports $2.7 Billion Profit for 2009, Its First Annual Profit in 4 Years
DEARBORN, Mich. — Ford Motor Co. says it made $2.7 billion in 2009, its first annual profit in four years. Ford says it benefited from cost-cutting, debt reduction and popular cars…
Ford Reports $2.7 Billion Profit for 2009, Its First Annual Profit in 4 Years
Ford says it benefited from cost-cutting, debt reduction and popular cars and trucks like the Ford Fusion sedan and Escape SUV. It's enjoying customer goodwill for avoiding bankruptcy and refusing…
Harley-Davidson Has Its First Loss in 16 Years
Harley-Davidson, the motorcycle maker, reported a fourth-quarter loss Friday, its first quarterly shortfall in 16 years, hurt by restructuring costs and the sluggish economy. Harley-Davidson has come under pressure over…
Harley-Davidson Has Its First Loss in 16 Years
Harley-Davidson, the motorcycle maker, reported a fourth-quarter loss Friday, its first quarterly shortfall in 16 years, hurt by restructuring costs and the sluggish economy. Harley-Davidson has come under pressure over…
Harley-Davidson Has Its First Loss in 16 Years
Harley-Davidson has come under pressure over the last year as the tight credit markets and the weak economy led consumers to shun purchases of its high-end, heavyweight motorcycles. has come…
Take the ‘Crony’ Out of ‘Crony Capitalism’
By John StosselWhen Judge Richard Posner, the prolific conservative intellectual, released his book "A Failure of Capitalism: The Crisis of '08 and the Descent Into Depression" last year, you might…
Take the ‘Crony’ Out of ‘Crony Capitalism’
The word "capitalism" is used in two contradictory ways. Sometimes it's used to mean the free market, or laissez faire. Other times it's used to mean today's government-guided economy. Logically,…
China becomes biggest exporter, edging out Germany
BEIJING (AP) - Already the biggest auto market and steel maker, China edged past Germany in 2009 to become the top exporter, yet another sign of its rapid rise and…
China becomes biggest exporter, edging out Germany
BEIJING (AP) - Already the biggest auto market and steel maker, China edged past Germany in 2009 to become the top exporter, yet another sign of its rapid rise and…
Why the government’s job figures won’t add up
The charade continues this Friday............That's when the Labor Department will announce how many jobs it claims were lost in the US economy during December. The number is essentially worthless to…
Why the government’s job figures won’t add up
The charade continues this Friday............That's when the Labor Department will announce how many jobs it claims were lost in the US economy during December.
How Goldman Sachs Made Tens Of Billions Of Dollars From The Economic Collapse Of America In Four Easy Steps
The following is how Goldman Sachs made tens of billions of dollars from the economic collapse of America in four easy steps....
How Goldman Sachs Made Tens Of Billions Of Dollars From The Economic Collapse Of America In Four Easy Steps
Investment banking giant Goldman Sachs has become perhaps the most prominent symbol for everything that is wrong with the U.S. financial system, but most Americans cannot even begin to explain…
GM (Government Motors) Shows $1.2 BIllion Loss!
DETROIT – General Motors, its river of red ink stemmed by a trip through bankruptcy court, reported a narrower quarterly loss and said it would start repaying billions of dollars…
GM (Government Motors) Shows $1.2 BIllion Loss!
General Motors, its river of red ink stemmed by a trip through bankruptcy court, reported a narrower quarterly loss and said it would start repaying billions of dollars in government…
A 95.2% Income Tax Rate?
The terrible proof that income taxes cannot pay off our national debt! We are bankrupt
A 95.2% Income Tax Rate?
The Tax Foundation computes the income tax rates necessary to close the deficit:
When Did Your County’s Jobs Disappear?
An interactive map of vanishing employment across the country, updated with the latest figures.By Chris WilsonUpdated Monday, Aug. 10, 2009, at 5:14 PM ETThe economic crisis, which has claimed more…
When Did Your County’s Jobs Disappear?
An interactive map of vanishing employment across the country, updated with the latest figures.By Chris WilsonUpdated Monday, Aug. 10, 2009, at 5:14 PM ETThe economic crisis, which has claimed more…