The Stock Market: The Stock Market Crash in the Stock Market

The troubled automaker issues a statement saying that it is not considering bankruptcy, after its shares sank 31% in Thursday trading. NEW YORK (CNNMoney.com) — General Motors is not considering bankruptcy, the company said in a prepared statement Friday. The announcement was in response to the automaker’s precipitous stock price decline the previous day, a [...]

Companies won’t confirm published reports, as struggling automakers cope with economic downturn. DETROIT (AP) — General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports Saturday. The Wall Street Journal, citing people it described as familiar with the discussions, said Cerberus [...]

NEW YORK (CNNMoney.com) — Seized-up credit markets began to see the first small signs of easing Friday, but anxiety over the long-term prospects for recovery is keeping lenders mostly sidelined. The overnight interbank lending rate, known as Libor, fell by half, suggesting that banks are becoming more willing to lend to each other in the [...]

The manager of this year’s top stock mutual fund – and only one that’s up in 2008 — explains how to do well in a bear market and stock market. Hint: He bought yesterday.

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