recession

Wednesday, March 17, 2010 By Don Hammonds, Pittsburgh Post-Gazette Being affluent is a tough order in the midst of a recession. You may have money, but you don't want to flaunt it and antagonize those around you who may be suffering right now. And you also want to get as much value as you can...

Feb 22, 2010 by Henry Blodget in Recession The economy continues to struggle toward recovery, but one major problem remains: Jobs. Specifically, the lack thereof. Until we get strong job growth, consumer spending will likely remain weak. (It's hard to go hog wild at the mall when you're living...

By Rick Newman , On Wednesday January 13, 2010, 5:43 pm EST In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster...

Hyundai Motor says first quarter net profit slumps SEOUL, South Korea -- Hyundai Motor, South Korea's largest automaker, said net profit dived 42.7 percent in the first quarter as sales fell amid the global slump. The maker of the Sonata, Elantra and luxury Genesis earned 225 billion won...

Hyundai Seizes ‘Once-in-Lifetime’ Chance as Crisis Slows Toyota By Alan Ohnsman and Seonjin Cha March 30 (Bloomberg) -- In the worst U.S. car market in 28 years, Hyundai Motor Co. is on a roll. The Seoul-based automaker has boosted sales in the U.S., where demand for Toyota Motor Corp.’s...

Posted by: David Kiley on February 12 Hyundai Motor America is having as difficult a time as most automakers these days coping with the dramatic drop in demand in autos. But one has to admire how the company is going about its business under the leadership of acting CEO John Krafcik. Hyundai...