Americans love Prada, Gucci, and stylish Italian suits, but will they trust Italian engineering and buy a Chrysler with a Fiat engine?The Detroit Free Press reported Tuesday that Chrysler is betting

Is a 30-second commercial that runs during the Super Bowl really worth $3 million? Hell, yes, say the companies that lined up to buy spots during the NBC-hosted game in 2009. The network's line-up so

It's official: General Motors (GM), the world's largest car company for more than 75 years, will drag its $82 billion in assets and $173 billion in liabilities into bankruptcy court. The long-awaited

You can’t get good Chinese takeout in China and Cuban cigars are rationed in Cuba. That’s all you need to know about communism.- P.J. O’Rourke The Cuban Assets Control Regulations (

Equity markets had their biggest rally this year after Federal Reserve Chairman Ben Bernanke outlined steps to fix the banking industry in a morning address. His remarks, delivered to the Counci

What a day it was for the market. Turnaround Tuesday definitely lived up to the hype.Citigroup (C) came out and said they had 2 profitable quarters through the first 3 months of this year; all the ba

The stock market is on a tear this morning on the heels of a statement by CEO Vikram Pandit that Citigroup (C) has a profit for the first 2 months of 2009. In a letter sent to employees Monday,

1) Now It's the Economists' TurnWe knew this was only a matter of time."The downturn exposes the decline of economic expertise," Newsweek observes in the March 16 issue. "Think of all

Methodology is destiny when conducting a study. A study conducted by San Diego’s Utility Consumers’ Action Network, which purports to show cell-phone users pay an average of $3.02 a minut

Mid-March is usually reserved for college basketball. But this year, there’s going to be a different kind of March Madness. I refer, of course, to the “deep dive” to be held on Thur