Archive for February 16th, 2009

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GM, Chrysler gain traction in UAW talks

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Final score: $8,000 for homebuyers

There’s a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama’s signature on Tuesday. First-time buyers can claim a credit worth $8,000 - or 10% of the home’s value, whichever is less - on their 2008 or 2009 taxes.


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Stimulus: What’s in it for businesses

The $787 billion economic recovery package President Obama will sign on Tuesday contains more than $290 billion in tax provisions, according to estimates from the Joint Committee on Taxation.


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4 questions for GM and Chrysler

General Motors and Chrysler LLC will present their latest plans to the federal government Tuesday about how they will survive for the long-term.


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Oil dips amid supply talk

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The stock market isn’t as bad as you think

Happy Presidents’ Day! Even if you have to work (like I do), the best part of this holiday is that the stock market is closed. And after last week, we all need a break.


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The ever-shifting auto landscape

Tuesday is D-day for the domestic auto industry. That’s when General Motors and Chrysler must tell the government how they are going to successfully compete in the future as a condition of receiving federal aid.


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Cheap gas is history, again

The days of cheap gas are retreating into the rearview mirror, as prices continue to flirt with the $2-per-gallon mark.


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Panel to advise Obama on carmakers

President Obama is creating a task force to oversee the restructuring of the auto industry, a senior administration official said Monday.


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Landing a part-time job

There are over 11 and a half million people looking for jobs. And almost 8 million people have settled for a part-time job, simply because they couldn’t find a full-time position.


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