Also in this playlist...
This transcript is automatically generated
Markets are reacting to the latest reading on US economic growth -- Commerce Department reports GDP grew at a rate of 2.2 percent in the first quarter.
That's weaker than fourth quarter GDP which grew at 3%.
Economists say the GDP numbers indicate the US economy is slowing down.
The current meeting came in lower than economists predicted but better.
Then the one point 5% which was predicted at the beginning of the year.
A surgeon consumer spending took some of the sting off that report.
Investors are asking the old advertising slogan question have you driven a Ford -- -- for a lot of people.
The answer is yes -- iconic car maker reported better than expected earnings for the first quarter despite sluggish sales in Europe and the slowdown in China.
Sales in the first quarter totaled 32 point four billion dollars which was better than analysts' expectations.
-- profit fell from two point six billion dollars in the first quarter of 2011 at one point four million dollars in the first quarter of this year.
But half of that.
Was due to higher taxes Ford says it is having a tough time building enough cars and trucks to meet demand here in North America.
People who bought homes that what they thought were bargain basement prices after 2010.
May be shocked to learn their investment is hitting bottom or worse.
A recent report from core logic found.
Roughly one million Americans who purchase -- after 2010 are under water because falling prices mean they now a war on their mortgage than the house's war.
Some real estate analysts believe the housing market will hit bottom later this year but the Case Shiller Index recently reported prices falling in fifteen of the twenty largest metro areas.
We're watching your investments in the Fox Business Network giving you the power to prosper in New York I'm Adam Shapiro.
Filter by section