You're watching...

Gold Prices Slipping

Details

This transcript is automatically generated

I'm Robert -- -- Fox Business brief ally financial troubled mortgage unit residential capital has filed for bankruptcy.

The division known as rest cap has weighed on the rest of -- business.

-- the former financing division of General Motors it now plans to focus on its auto lending and online banking business.

Just a big energy is rising after receiving a three billion dollar loan from Goldman Sachs and Jefferies.

The financing -- just need more time to sell assets and lower its debt.

The Wall Street Journal reports billionaire investor Carl Icahn will soon announce he's bought a big stake in the company.

And the price of gold is sliding to a four and a half month low as investors -- dollars for safety on fresh concerns of the European debt crisis.

And that is the latest from the Fox Business Network giving you the power to prosper.