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  • Money Basics: How a bankruptcy works

    Filing for bankruptcy can be the last resort for people who have fallen behind on their debts.

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  • GM to Consider Axing Six Models to Combat Slumping Sales, Avoid Plant Layoffs
    Business
    The Street51 minutes ago

    GM to Consider Axing Six Models to Combat Slumping Sales, Avoid Plant Layoffs

    United Auto Workers President Dennis Williams said the union is working with General Motors (GM) to avoid layoffs as U.S. auto sales slump, AutoBlog reported. GM is considering producing more trucks and SUVs while killing off six slow-selling models produced at underused car plants such as Hamtramck in Michigan and Lordstown in Ohio. It's unclear if the plants will start producing newer, more popular models. GM has cut shifts at several of its U.S. plants as inventories of small and midsized cars grow. If GM stopped producing the six models under consideration, it wouldn't happen until 2020. The models at risk are the Chevrolet Volt, Buick LaCrosse, Cadillac CT6, Cadillac XTS, Chevrolet Impala

  • News
    Money Talks Newsyesterday

    6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either

    Suze Orman has the status of a financial guru. But I have never been able to understand why this self-proclaimed expert has such a following. Imagine a celebrity chef who has given herself food poisoning, or a car expert that couldn’t change a

  • Can Advanced Micro (AMD) Pull an Earnings Surprise in Q2?
    Business
    Zacksyesterday

    Can Advanced Micro (AMD) Pull an Earnings Surprise in Q2?

    Advanced Micro Devices Inc. AMD is set to report second-quarter 2017 results on Jul 25. Notably, the company has a mixed record of earnings surprises in the trailing four quarters, with an average positive surprise of 34.09%.In the last quarter, the company