Hopeful signs that the worst may be over for the economy boosted Americans' moods in April, sending a closely watched barometer of sentiment to the highest level since November.
General Motors Corp. could be majority owned by the federal government and the United Auto Workers under a massive restructuring plan laid out Monday that will cut 21,000 U.S. factory jobs by next year and phase out the storied Pontiac brand.
Water cooler conversations, the symbolic purveyors of societal small talk, now include the words "derivatives," "Ponzi schemes" and "subprime mortgage." Welcome to America's new lexicon.
Circulation declines at the nation's newspapers are speeding up.
The nation's 19 largest banks are receiving report cards showing how they performed in the government's stress tests to assess their soundness, a process that could roil the industry.
Demand for big-ticket manufactured goods and new home sales both were better than expected in March, raising some hopes that the long slides in manufacturing and housing are slowly coming to an end.
Investors set aside some of their worries about the economy Friday after Ford Motor Co. posted better-than-expected results for the first three months of the year.