"There is light at the end of the tunnel, and it is getting brighter," says one economist.
Sergio Marchionne, a jazz-loving Italian businessman who helped turn around the Italian carmaker, is poised to be the next CEO of Chrysler.
'Stress tests' reveal that banks need to raise more than $65 billion to be able to keep lending if the recession drags on.
The US may have headed off a deeper recession by investing hundreds of billions into major companies. But it drives up deficits and creates uncertainty among investors.
Newark, Del., is one of 50 cities banding together to try to turn shuttered car factories into engines of economic growth.
In coming weeks, talks among GM stakeholders could be influenced by how the judge in the Chrysler case treats creditors.