Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
The U.S. government began a record weekly sale of $200 billion in Treasury debt Monday with two issues that met solid demand.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
Most forecasts of future performance in the auto industry tend to be variations of tea-leaf reading. Analysts take a look at what companies are planning in the way of future models, make a guess about sales volumes, and lay that over a macroeconomic outlook. The results are compromised by too many hard-to-quantify variables.
Written by Yahoo! News: Business
US Economy
Jul 27, 2009
Reuters - Stocks edged lower on Monday as corporate results from companies, including Verizon and Honeywell International , failed to entice investors following two weeks of gains that lifted all major indexes about 11 percent.
Written by Yahoo! News: Business
US Economy
Jul 27, 2009
Reuters - Congress will consider steps to curb speculation in the credit default swaps market and could ban naked swaps, according to a U.S. House of Representatives Committee document obtained by Reuters.
Written by Yahoo! News: Business
US Economy
Jul 27, 2009
Reuters - Sales of new single-family homes in the United States rose more than expected in June, while the inventory of homes for sale fell to a more than 11-year low, government data showed on Monday.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
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Written by Yahoo! News: Business
US Economy
Jul 27, 2009
Reuters - EBay Inc will slash fees by 20 percent for its top-rated sellers and push their listings higher up in the search queue, part of steps to try to rev up its long-stagnant Marketplaces arm.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
This question seemed unthinkable to ask just a few months ago, but here goes: Did the economy actually grow during the past three months?
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
Stocks dipped Monday afternoon as investors pled exhaustion after a two-week rally, but strength in banking and homebuilder shares helped temper any losses.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
We've been hearing a lot about "cash for clunkers" in recent months. But it kicks into high gear this week now that final rules have been published. Here's a clunker update.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
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Jul 27, 2009
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Written by Yahoo! News: Business
US Economy
Jul 27, 2009
Reuters - Aetna Inc slashed its full-year earnings forecast on Monday because of higher-than- projected medical costs, sending its shares down more than 5 percent as the health insurer also posted a 28 percent drop in second-quarter net income.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
Sales of newly constructed single-family homes spiked 11% in June to an annualized rate of 384,000 homes, according to a report released Monday.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
In the midst of the worst job market in 26 years, desperate job seekers are trying all sorts of extreme tactics to find employment.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
If the credit markets have been an iceberg over the past year, the private equity business has been frozen as solid as a prehistoric glacier. Buyout giants like KKR, Blackstone, and Bain Capital -- who just a couple of years ago were vying to one-up each other on a monthly basis with new mega-deals -- have been in a virtual hibernation for months.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
When Colorado-born developer Mark Durliat discovered the Grace Bay Club hotel, located on the Caribbean island of Providenciales (part of Britain's Turks and Caicos group), it looked like the perfect investment: a hotel on a beautiful stretch of beach, in an up-and-coming tourist destination with a stable government and no restrictions on foreign ownership. After raising $17 million from investors, he bought the property in 2001 with plans to turn it into a premier resort.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
Trouble is brewing in the commercial real estate market, with everyone from building owners to Ben Bernanke wondering if we're in for "Real Estate Nightmare, Part 2."
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
Trouble is brewing in the commercial real estate market, with everyone from building owners to Ben Bernanke wondering if we're in for "Real Estate Nightmare, Part 2."
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
Shortly after Karlene Anderson retired in 2007, she and husband John decided they should relocate from Danbury, Conn., to be near their son and grandchildren in Atlanta. Given that they had never lived in the area, the Andersons figured they'd rent for quite a while. But as home prices tumbled, the couple decided to pull the trigger on a purchase.
Written by Latest financial news - CNNMoney.com
Top News, US Economy
Jul 27, 2009
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Written by Latest financial news - CNNMoney.com
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Jul 27, 2009
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Top News, US Economy
Jul 27, 2009
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Written by Yahoo! News: Business
US Economy
Jul 27, 2009
Reuters - Honeywell International Inc reported a 38 percent drop in earnings and cut its full-year profit forecast, saying that the recession was matching up to the worst of its expectations.
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Top News, US Economy
Jul 27, 2009
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Jul 27, 2009
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Written by Yahoo! News: Business
US Economy
Jul 27, 2009
AP - The first company to list on China's main stock exchange in 11 months soared more than 300 percent in its trading debut Monday, reflecting renewed market activity following a sharp decline last year.
Written by Yahoo! News: Business
US Economy
Jul 26, 2009
Reuters - Many real estate investment trusts (REITs) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may be feeling a new sense of longevity.
Written by Yahoo! News: Business
US Economy
Jul 24, 2009
AP - Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should protect Americans from shady mortgage lending, abusive credit card fees, payday loans and other high-cost or risky financial products.