General Motors Chairman and CEO Dan Akerson speaks to the media after a June 2013 GM shareholders meeting in Detroit. General Motors posted $152 billion in global revenues in 2012.
Treasury Secretary Jack Lew announced the government lost $10.7 billion on the deal but saved an estimated 1.5 million jobs in the industry.
The unemployment rate fell to 7 percent and employers added 203,000 jobs to payrolls in November.
December 5, 2013 NPR's Planet Money team is manufacturing its own T-shirt. After the women's shirt was assembled in Colombia, they voyaged by container ship to Miami. The container, a big standardized box that moves easily from truck to ship to train, is the unsung hero of the global economy.
December 5, 2013 Friday morning, we'll learn what happened last month in the job market. But whatever happened last month, it won't change the big picture: The job market is still very bad.
December 5, 2013 Thousands of restaurant workers protested Thursday in cities around the country, calling for an increase in wages to $15 an hour. Many fast-food workers make so little that they rely on public assistance to get by, even as profits at many franchises have nearly doubled in recent years. But not everyone agrees that raising the minimum wage will fix the problem.
December 5, 2013 U.S. real gross domestic product rose from a 2.5 percent gain in the second quarter. And the number of people filing first-time claims for unemployment insurance fell to 298,000 last week.
December 5, 2013 Having trouble wrapping your head around southern Europe's staggering unemployment problem? This week, Ikea advertised for 400 jobs in a new megastore on Spain's Mediterranean coast. It got more than 20,000 online applicants in 48 hours, before the retailer's computer servers crashed.
December 4, 2013 Obama, who has been criticized in recent weeks over the flawed rollout of HealthCare.gov, steered the conversation Wednesday back to the economy. His remarks on inequality follow similar comments the pope made last week.