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While not much can be said about the “good” Rick Wagoner did at GM during his time there, at least when the company was in trouble he decided it was time to take a pay cut. He reduced his pay to $1(although there were millions …

To help keep the economy from completely going into a depression, the Fed agreed today to keep interest rates low for “some time.”
They are also thinking about taking some “unconventional” ways to help revive the economy.
Specifically, the Fed said it is now “prepared” to buy …

Fed Ex and others have already pulled their Super Bowl ads  for the February 1st NBC broadcast. NBC said that most of the ad spots had sold by mid-January for $3 million for a :30 spot.
So this could be a much more toned down year …

GMAC, the primary lender for GM is offering zero percent financing on some GM models for the next couple of weeks. After getting $5 billion from the bailout plan, it plans on taking the money and actually lending it to consumers to buy cars from …

Good news from Ford: The 2010 Fusion/Mercury Milan hybrid gets 41 miles per gallon on the highway, besting the Toyota Camry hybrid by 8 miles.
This makes the Fusion the most fuel efficient midsize car…The Prius doesn’t count as a midsize car, it’s a compact. …