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Top Money Stories
Major S&P Stocks Hit Decade Lows
posted: 48 MINUTES AGOcomments: 0
filed under: Financial Crisis, Investing
Morry Gash, Paul Sakuma and Kathy Willens, AP
Since hitting an October 2007 high, the financial crisis has wiped out about $6.7 trillion of value from the S&P 500, leaving many major stocks trading at decade lows. 24/7 Wall St. has details.
GMAC Files for Bank Holding Status
posted: ONE MINUTE AGOcomments: 1
filed under: Financial Crisis
GMAC Financial Services has applied to the Federal Reserve to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the Treasury's $700 billion bank rescue plan.
Money & Finance Advertisement
posted: 36 DAYS 22 HOURS AGOcomments: 0
Blaming Begins as Senate Nixes Auto Vote
posted: 10 MINUTES AGOcomments: 878
filed under: Financial Crisis
Two days of Capitol Hill testimony may mean nothing for Detroit's Big Three automakers, as both the Democrat-run Congress and the Bush administration treat the industry's fate as a hot potato. Making matters more complicated, Senate Democrats cancel a showdown vote over a $25 billion bailout for the auto industry.
Also See: CEOs Flew Private Jets to Ask for Bailout
Also See: CEOs Flew Private Jets to Ask for Bailout
Gerald Herbert, AP
From left, GM CEO Richard Wagoner, Chrysler's Robert Nardelli, Alan Mulally of Ford and Ron Gettelfinger of the United Auto Workers testify on Capitol Hill on Wednesday.
Fed Projects Slow Growth Through 2010
posted: 14 HOURS 49 MINUTES AGOcomments: 27
filed under: Financial Crisis
Minutes from the most recent meeting of the Federal Reserve's Open Market Committee show sharply lower expectations for growth in the coming quarters and an inclination toward further cuts in interest rates.
Microsoft Chief Says No Bid for Yahoo
posted: 18 HOURS 34 MINUTES AGOcomments: 6
filed under: Tech News
AP
Addressing the struggling Web portal since its embattled chief executive announced plans to resign Monday night, Microsoft Corp. CEO Steve Ballmer says that the software giant is "done with all acquisition discussions with Yahoo." Yahoo's shares plummet on the news.
End of Road for Much-Maligned Yugo
posted: 1 HOUR 17 MINUTES AGOcomments: 1
What has been described as one of the worst cars ever imported to the U.S. is bidding farewell as the last Yugo, once the pride of Yugoslavia's auto industry, is set to roll off its Serbian production line Thursday.
Also: Yugo Has Been Subject of Many Jokes
Also: Yugo Has Been Subject of Many Jokes
Nebojsa Raus, AP
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Most Actives
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| EEM | 19.67 | -1.86 | 8.64% | 156M | |
| WB | 4.57 | -0.69 | 13.12% | 76.44M | |
| PFE | 15.56 | -0.73 | 4.48% | 55.14M | |
Biggest % Gainers
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| FAZ | 129.30 | 29.79 | 29.94% | 878,734 | |
| SRS | 225.55 | 48.72 | 27.55% | 2,550 | |
| TZA | 117.11 | 22.92 | 24.33% | 808,142 | |
Biggest % Losers
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| LNC | 7.31 | -4.85 | 39.88% | 2,500 | |
| BHS | 5.93 | -3.44 | 36.71% | 282,169 | |
| LZB | 3.16 | -1.79 | 36.16% | 1.31M | |
| Type | Current | APR |
|---|---|---|
| 30 Yr Fixed Mtg | 6.05% | 6.20% |
| 5/1 ARM | 5.89% | 5.61% |
| $30K HELOC | 5.00% | 0.00% |
| 36 Month New Car Loan | 6.81% | 0.00% |
| 1 Yr CD | 3.42% | 3.48% |