The sharp decline in drilling – a 46 percent drop compared with last year – could push up future energy prices.
eBay has been selling used cars for years, but laws currently prohibit direct sales from manufacturers.
CEO Fritz Henderson says the new GM will be lean and consumer-friendly.
They've dropped 5 cents over the past week and oil is down from $71 to below $60 a barrel. But lower fuel prices may not make an impression on recession-hit consumers.
They've received about half the transportation funding allotted so far. But mayors say cities' economic clout warrants a bigger share.
World leaders can't agree on whether to tackle debt or recession first, look ahead to G-20 meeting in September.
Lear Corp., the second largest producer of car seats, filed for bankruptcy Tuesday.
Innovative collaborations between schools, workforce developers, and industry are helping to educate adult workers for the new jobs communities need.
Groups opposed to the decision have until Thursday to appeal it.
The economy faces a climb to get back to full employment, but the worst job losses may now be in the rearview mirror. One indicator to watch for: a bump in average hours worked.
The economy is recovering, but forecasters suggest that America is headed for a third straight 'jobless recovery.'
Unemployment is up again, and the average hours worked by those with jobs is at its lowest point in 45 years.
Nurturing start-ups works even better than infrastructure projects.