US consumer prices rise at brisk pace for second straight month
US consumer prices advanced at a brisk pace for a second month, reinforcing the Federal Reserve’s intent to keep interest...
US hiring surges, bolstering case for another Fed rate hike
US employment unexpectedly surged in September, illustrating a durable labor market and bolstering the case for another Federal Reserve interest-rate...
Underwater trade-ins are costing new car buyers almost $6,000
After a brief respite from soaring auto debt, Americans are once again falling deeply underwater on their car loans. Used-car...
GM prepares $6 billion credit line to cushion strike costs
General Motors Co. is setting up a $6 billion line of credit to shore up liquidity, a move indicating the...
Ally Financial starts job cuts with less than 5% of staff affected
Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less than 5% of the...
Supreme Court weighs fate of consumer agency that vexes banks, riles GOP
The US Consumer Financial Protection Bureau, long a target of conservatives and the bane of the banking industry, is now...
UAW targets 30% wage bump to satisfy workers, grow members
The United Auto Workers union wants to emerge from its strike against Detroit’s three major automakers with at least a...
UAW fight against billions in buybacks forces investor rethink
Among the sticking points highlighted by United Auto Workers on strike are the billions of dollars Detroit’s legacy carmakers have...
