Archive for July 1st, 2008

Stocks struggled higher Tuesday afternoon - reversing course after the Dow and Nasdaq flirted with bear market territory - getting a boost from GM, which reported a steep, but not as steep as expected drop in June auto sales.

The country's first solar power plant goes online as the pending expiration of a key tax credit clouds the future of renewable energy.

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Golf claps for the stock market Scrooges. As a dicey first half ends, the investors who fared the best were the ones who bet on the worst.

On Sundays, Jeanne McEvoy sits in the office of her Loveland, Colo., liquor store and turns away customers.

Crude prices rose more than $2 a barrel Tuesday after an energy advisory group reduced its estimate on the amount of oil that will reach the market in the coming years.

Ford Motor reported that its U.S. sales tumbled 28% in June, kicking off what could turn out to be the weakest month for auto sales in 16 years.

Stocks slumped Tuesday afternoon, giving up a recovery attempt, as investors mulled rising oil prices, more financial market woes and a steep drop in June U.S. sales for Ford and other automakers.

The slumping U.S. economy has become the top issue on voters' minds, according to a new poll and that concern is likely to carry on up through election day.