DETROIT, Michigan - May 7, 2009 - General Motors is expected to report a deep loss on Thursday for the first quarter in its last earnings report before the deadline for a restructuring that would wipe out current shareholders.

WASHINGTON - May 7, 2009 - New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed workers getting benefits climbed to a new record.

NEW YORK - May 7, 2009 - The Postal Service was $1.9 billion in the red for the second quarter of the fiscal year and continues to face the possibility of running out of money before year’s end.

NEW YORK - May 5, 2009 - Chrysler's car dealership network is on the verge of collapse, a U.S. bankruptcy court heard on Monday, as hundreds of dealerships have closed their doors this year and uncertainty about the company's future is driving consumers away.

PINELLAS COUNTY, Florida - May 5, 2009 - Jim Marshall recalls everything about that beautiful fall day.

NEW YORK - May 5, 2009 - GMAC LLC, the auto and home lender that received a $6 billion government bailout, reported a first- quarter loss of $675 million on surging loan defaults and the elimination of a one-time gain from extinguishing debt.

NEW YORK - MAY 5, 2009 - Some investors in 401(k) retirement funds who are moving to grab their money are finding that they can't.