GM just announced that the new Chevy Volt will be priced at $41,000 for a base model, which General Motors promises will be fairly well-equipped, and $44,600 fully-loaded. This is before the $7,500 federal tax rebate available to many consumers.
On the Business Beat our focus is airfares, the new Droid SmartPhones and foreclosures. Metro Atlanta's foreclosure rate is spiking again today. Ranked 30th in the Country by RealtyTrac.com, foreclosure filings for the first half of this year for Atlanta, Sandy Springs and Marietta are pegged at 52,000, a 22% increase over last year.
A new survey suggests the U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire.
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