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US retail sales rise 1.4% in October

US retail sales rebounded in October as demand for cars continued to climb even after the expiration of government sponsored incentives.

 

Congress OKs $2B refill of 'cash for clunkers'

Congress OKs $2B refill of 'cash for clunkers'

Pedal to the metal, Congress sent President Barack Obama legislation Thursday night with an additional $2 billion for "cash for clunkers," the economy-boosting rebate program that caught the fancy of car buyers and instantly increased sales for an auto industry long mired in recession.

 

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