The Closing Bell: Flirting with disaster, Dow drops 220 points "We just got more of the same this week rattling investors, and the question for investors becomes what's the next catalyst to drive stocks higher." Wall Street finished a
Bear Stearns, Citic to Form Partnership Investment bank Bear Stearns Cos. and Chinese bank Citic Securities Co. said Monday they will form a strategic partnership that includes $1 billion in cross-investments and the creation of
Stave off a recession Britain's consumers are wasting billions of pounds a year by simply not shopping around A string of bleak economic data published this week has raised fears that Britain may be
No easy fix for U.S. account deficit There are two ways to shrink our current account deficit. The first is unpalatable: Our ability to consume imports could collapse, implying both a deep recession and protectionism.read more...
Mortgage data points to slowdown (Guardian Unlimited) The number of new mortgage approvals in Britain fell to their lowest level since April in August as higher interest rates took their toll of buyer confidence, according to figures
Home sales fall statewide; Detroit resists downward trend "All of these things make this a great time to buy" It was tough to sell a home. Sales of existing single-family homes were down nearly 14 percent from
As more homeowners are forced to give up their houses and condos, you need to be vigilant so your property’s worth isn’t dragged down in the process.

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