US car sales plunged 37% in November to their worst level in more than 26 years, dashing expectations that this dismal year for vehicle demand had found a bottom, and adding more ammunition to the Detroit carmakers’ case for a congressional lifeline.
Wed, 03 Dec, 2008
Surging oil prices pulled stocks sharply lower for a third straight session today, with bland earnings at General Electric Co. and weak consumer data further dampening the economic outlook. The Dow Jones industrial average shed 396 points in the past three days.
Fri, 14 Jul, 2006