Jobless Rate Tops 10% for First Time Since '83
The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher… Read More

Chrysler Seeks to Spend $302 Million on Bankruptcy Wind-Down
Chrysler LLC, now known as Old Carco LLC, asked for court permission to use $302 million in its accounts to wind down its bankruptcy, allotting $30 million more for legal and financial advisers… Read More

Lear Gets Court Approval for Bankruptcy Plan
Lear Corp. said Thursday that its reorganization plan was approved by a bankruptcy judge, paving the way for the auto supplier to emerge from chapter 11 after just four months under court oversight… Read More

GM Boss: U.S. Aid Can Be Used to Fix Opel if Needed
General Motors Co.'s top executive said yesterday that the automaker could tap some of its $50 billion in U.S. government aid to help restructure GM's European Opel unit… Read More

Rep. Paul to Continue Pushing His Federal Reserve Audit Bill
Rep. Ron Paul (R-Texas) said yesterday that he is pushing ahead on his bill to audit the Federal Reserve despite resistance from the central bank and a fellow colleague to limit its scope… Read More