If General Motors Corp. were forced into Chapter 11 bankruptcy protection, the company would end up being liquidated because a long bankruptcy would scare customers away, CEO Rick Wagoner said Tuesday. ...more

March 17, 2009

If credit remains locked up and auto sales continue to slump, the federal government's $25 billion loan package for the auto industry could be a huge help in keeping Detroit's downtrodden automakers afloat, lawmakers and industry analysts say. ...more

September 30, 2008

The Iraqi government could end this year with as much as a $79 billion cumulative budget surplus, based largely on ever-increasing oil revenue, congressional auditors say. ...more

August 6, 2008

The Senate passed a trimmed-back energy bill Thursday that would bring cars and sport utility vehicles with higher gas mileage into showrooms in the coming decade and fill their tanks with ethanol. ...more

December 14, 2007

The Democratic National Committee can penalize Florida by taking away its 210 convention delegates for holding its presidential primary a week earlier than party rules allow, a federal judge ruled Wednesday. ...more

December 6, 2007

Check your credit card bills closely. Some credit card companies are raising interest rates on customers even if they pay down their balances, on time, every month. The reason they cite is the customers' credit ratings have fallen elsewhere. ...more

December 5, 2007

Senior Democrats on Capitol Hill want to ban excessive credit card fees. Bank regulators are on the verge of forcing companies to give more notice before raising interest rates. And New York's attorney general, whose investigations transformed the student loan industry, now has his eye on conflicts of interest in the credit card sector. ...more

December 2, 2007

Senators on Wednesday urged federal agency officials to come up with a way to collect money from Medicaid providers who owe back taxes, even though legal hurdles have hindered collection efforts. ...more

November 15, 2007

The Senate on Friday rejected a nine-month timetable for bringing most troops home from Iraq, yet another legislative defeat for Democrats in what is shaping up as a losing battle to force President Bush to end the war. ...more

September 22, 2007

Defense Secretary Robert Gates said Sunday that he would recommend a veto of a Senate proposal that would give troops more rest between deployments in Iraq, branding it a dangerous 'backdoor way' to draw down forces. ...more

September 17, 2007