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From BloggingStocks: The decline in U.S. home values continues. Home prices in 20 top U.S. cities declined at the fastest pace ever, on a year-over-year basis, ...

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  • Home Prices Plunge 16.6% in the Past Year
    By Kris on October 28, 2008 | No Comments  Comments
    From BloggingStocks: The decline in U.S. home values continues. Home prices in 20 top U.S. cities declined at the fastest pace ever, on a year-over-year basis, as foreclosures increased and banks sought to unload homes by selling at cut-rate prices. Home prices in a 20-city sample plunged 16.6% in A...
  • Rates drop again, but you still can’t get credi...
    By Jason on October 17, 2008 | 1 Comment1 Comment  Comments
    You can afford it, but you still can’t have it. NEW YORK - Bank-to-bank lending rates eased further Friday and demand for Treasury bills let up slightly, but there are still signs the companies that need credit most might not be able to get it. Corporate bonds are being issued at the weakest p...
  • Dow Records 2nd Largest Drop Ever
    By Kris on October 15, 2008 | No Comments  Comments
    From CNNMoney: NEW YORK (CNNMoney.com) — Recession talk scared Wall Street Wednesday, sending the Dow Jones industrial average to its second biggest one-day point loss ever. A weak retail sales report and dour forecasts from the Federal Reserve, coupled with sober comments from Fed Chairman Be...
  • Nasdaq Stock Exchange
    By Kris on October 11, 2008 | No Comments  Comments
    From Wikipedia: The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American stock exchange. It is the largest electronic screen-based equity securities trading market in the United States. With approximately 3,200 companies, it has more trading volume per d...
  • AIG gets $85 Billion Bailout
    By Jason on October 11, 2008 | No Comments  Comments
    From The Wall Street Journal: The U.S. government seized control of American International Group Inc. — one of the world’s biggest insurers — in an $85 billion deal that signaled the intensity of its concerns about the danger a collapse could pose to the financial system. The step ...