One of the nation's largest car dealership chains has closed down operations, possibly forever. ...more

September 25, 2008

General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles. ...more

September 17, 2008

Overseas consumers spent more at McDonald's Corp. in August than Wall Street expected, leading the nation's No. 1 hamburger chain to surprise investors Tuesday by posting a big rise in global same-store sales. ...more

September 10, 2008

Rising prices, falling home values, stagnant wages and tight credit. It's a potent combination that has struck the American consumer hard. ...more

August 5, 2008

Verizon Wireless is in talks to buy Alltel Communications LLC, the country's fifth-largest wireless carrier by subscribers, for $27 billion, according to news reports. ...more

June 5, 2008

Not since George H.W. Bush ran the White House have consumers felt so downbeat about the economy. And the catalyst for much of the gloom - the housing slump - shows no signs of abating, new data Tuesday showed. ...more

May 28, 2008

The first step in an economic recovery might be a noticeable improvement in customer satisfaction. ...more

May 27, 2008

Pending home sales dropped to a new low in March, an industry group said Wednesday, signaling the housing slump has yet to bottom out even as the spring sell season gets under way. ...more

May 8, 2008

Orders to factories for big-ticket manufactured goods jumped unexpectedly in December, good news amid signs the U.S. economy may be tipping toward a recession. ...more

January 30, 2008

When Citigroup warned in early November that it was likely to write down its portfolio by $8 billion to $11 billion in the fourth quarter because of exposure to bad loans, investors recoiled at the size of the losses. Some now say those early estimates appear drastically understated. ...more

December 28, 2007