President Barack Obama and Treasury Secretary Timothy Geithner imposed tough rules Wednesday to rein in corporate pay, capping executive compensation at $500,000 a year for companies getting taxpayer funds. Here are the president's prepared remarks:…

Ford, Toyota, Nissan, General Motors and Chrysler all posted record lows in their January sales reports Tuesday. The declines come at the end of a stretch of 15 months of plummeting sales that bring the companies' total losses near a…

Jan 15

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Democrats Unveil $825B Stimulus Plan

House Democrats on Thursday released an $825 billion economic rescue plan that aims to alleviate the economic downturn through a combination of $550 billion in spending and state aid, and $275 billion in tax cuts.

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