Some of the goals of the Bush auto bailout plan deal with real issues - but some don’t quite hit the mark.
NEW YORK (CNNMoney.com) — President Bush’s bailout plan contains some “targets” the government wants the automakers and the United Auto Workers union to achieve before agreeing to a bailout loan.
All of the terms are [...]

A move by regulators to open up the failed bank bidding process has sparked a wave of investor interest. But experts are wary about its real impact.
NEW YORK (CNNMoney.com) — More banks will certainly fail in the months ahead, but at least regulators shouldn’t have any trouble finding buyers.
Last month, two of the nation’s top [...]

It’s going to big, bold and fast. But keeping the stimulus package - or packages - from becoming a runaway train will take some restraint on the part of lawmakers.
NEW YORK (CNNMoney.com) — It is widely considered to be a foregone conclusion. The government will commit a breathtaking amount of money — as much as [...]

Fed survey of manufacturers show sharp growth in unfilled orders.
NEW YORK (CNNMoney.com) — A survey of manufacturers in New York state hit a record low this month, paced by an increase in unfilled orders.
The Federal Reserve Bank of New York said Monday that its index for general business conditions slipped to minus 25.8 from minus [...]

Prices May Have Tumbled as Economy Sank: U.S. Economy Preview
The cost of living in the U.S. probably fell in November by the most in six decades, while slumps in manufacturing and homebuilding worsened, sending the economy deeper into a recession, economists said before reports this week.
By Bob Willis
Consumer prices probably dropped 1.2 percent [...]

Dollar Slumps Below 90 Yen as U.S. Auto Bailout Fails in Senate
The dollar slumped below 90 yen for the first time in 13 years after the U.S. Senate rejected a $14 billion bailout for the nation
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NEW YORK (CNNMoney.com) — The trade deficit rose unexpectedly in October as U.S. exports plummeted, according to a government report released Thursday.
The U.S. Department of Commerce reported that imports exceeded exports by $57.2 billion, up from the $56.6 billion gap in September.
Economists had expected a $53.5 billion gap, according to a consensus estimate compiled by [...]

The president-elect and Congress will be kicking off the New Year with big plans — and no time to waste. Here’s the immediate to-do list.
NEW YORK (CNNMoney.com) — Considering the work ahead, it’s likely that the fabled first 100 days of a new presidency will be highly compressed for President-elect Obama and the new [...]

Deal on $15 billion auto bailout
White House, congressional Democrats reach agreement that could bring quick vote on stopgap rescue plan.
The White House and leading congressional Democrats have reached an agreement on legislation to provide a stopgap bailout to U.S. automakers, according to officials from the administration and Congress.
White House Deputy Chief of Staff Joel Kaplan [...]