Latest Headlines

Less than a week after Securities and Exchange Commission Chairman Christopher Cox invoked the Commission's emergency powers to regulate short sell...

NEW Fed's Plosser Calls for a Reversal in Monetary Policy

Tue, Jul 22 2008, 7:00 AM

Inflation in the U.S. is "too high" and inconsistent with the goals of the Federal Reserve, whose accommodative policy must be reversed , said Char...

NEW Tuesday's Events: OFHEO Housing Index; Fed's Plosser

Tue, Jul 22 2008, 7:00 AM

Canadian retail sales and employment insurance data tops the economic news for the day as U.S. markets will receive the OFHEO's housing market inde...

NEW Tsy Secretary Paulson Says Fannie and Freddie Vital to Financial System

Tue, Jul 22 2008, 7:00 AM

Speaking at the New York Public Library, U.S. Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac are vital to the U.S. financial sys...

NEW Monday 7/21/08 ... Worst Rates Of The Year

Mon, Jul 21 2008, 9:35 AM

NEW Monday 7/21/08 ... An End To The Carnage?

Mon, Jul 21 2008, 9:08 AM

NEW Treasury's Ryan Expects GSE Legislation to Pass Soon

Mon, Jul 21 2008, 7:00 AM

Speaking in Boston at the Managed Funds Association Seminar on Sound Practices for Hedge Fund Managers, Acting Undersecretary for Domestic Finance A...

NEW Fed Watch: Bernanke Testimony Focuses on Growth, FOMC Minutes Released

Mon, Jul 21 2008, 7:00 AM

Current Rate: 2.00% Next Rate Decision: Aug. 5 Market Expectations: The OIS implied rate suggests markets are 16% priced in for a 25bp hike at t...

NEW The Week Ahead: U.S. Housing Data and Canadian Inflation

Mon, Jul 21 2008, 7:00 AM

According to economists and strategists, the U.S. housing market is going to be the top news in the U.S. Along with new and existing home sales, t...

NEW Treasury Secretary Paulson Campaigns for GSE Bailout Plan

Mon, Jul 21 2008, 7:00 AM

Speaking in multiple interviews over the weekend, U.S. Treasury Secretary Henry Paulson continued to push for his plan to provide an unlimited line...

NEW Scotiabank Says Measures Will Not Prevent U.S. Economic Slowdown

Mon, Jul 21 2008, 7:00 AM

According to Scotiabank's Global Outlook released Monday, sharp monetary policy easing, a generous fiscal stimulus package and massive liquidity i...

NEW Could FDIC also be a "Predatory lender?"

Mon, Jul 21 2008, 7:00 AM

The Wall Street Journal reported Monday morning that the Federal Deposit Insurance Corporation ( FDIC ,) rather than being part of the solution to t...

NEW Monday 7/21/08 ... AT A GLANCE

Mon, Jul 21 2008, 6:59 AM

NEW Monday 7/21/08 ... Pleased To Announce

Mon, Jul 21 2008, 1:40 PM

NEW Friday 7/18/08 ... Moving Down Again

Fri, Jul 18 2008, 12:53 PM

NEW Bouncing off the lows, but it still ain't pretty...

Fri, Jul 18 2008, 11:11 AM

NEW New Lows...

Fri, Jul 18 2008, 9:12 AM

NEW Near the lows of the day....

Fri, Jul 18 2008, 8:59 AM

NEW Friday 7/18/08 ... More Back And Forth

Fri, Jul 18 2008, 8:49 AM

NEW Friday 7/18/08 .... What?!

Fri, Jul 18 2008, 7:44 AM

NEW Friday 7/18/08 .... At A Glance

Fri, Jul 18 2008, 7:10 AM

NEW Bad News is Good News as Market Reacts to Citigroup, J.P. Morgan Earnings

Fri, Jul 18 2008, 7:00 AM

Two Wall Street giants and their investors are betting that one of the Streets most baffling rules of thumb will prevail as the stock market prepare...

NEW Fed's Stern Says Fed Can't Wait for End of Crisis to Raise Rates

Fri, Jul 18 2008, 7:00 AM

Speaking in an interview with Bloomberg on Friday, Minneapolis Federal Reserve President Gary Stern (voter) said that the Federal Reserve can't wai...

NEW Major Tank

Thu, Jul 17 2008, 11:09 AM

NEW Thursday 7/17/08 .... Kicking MBS While its Down

Thu, Jul 17 2008, 9:30 AM

NEW Thursday 7/17/08 ... Philly Is In

Thu, Jul 17 2008, 8:00 AM

NEW Thursday's Events: BOC MPC Report, U.S. Jobless Claims, Philly Fed Mfg Report

Thu, Jul 17 2008, 7:00 AM

International securities transactions and the Bank of Canada's monetary policy report highlight today's Canadian economic releases as U.S. markets r...

NEW Fed's Kroszner Says Fed Rules Will Affect Subprime and Alternative Mortgages

Thu, Jul 17 2008, 7:00 AM

Delivering comments at the FDIC's Minority Depository Institutions National Conference in Chicago, Fed Governor Randall Kroszner said the Fed's new...

NEW U.S. Jobless Claims Rise to 366K in Week Ending July 12

Thu, Jul 17 2008, 7:00 AM

Initial claims for unemployment benefits in the United States rose much less than expected to 366k in the week ending July 12, following a slightly...

NEW U.S. Housing Starts and Building Permits Soar in June

Thu, Jul 17 2008, 7:00 AM

Due to a change in the housing code of New York City , U.S. housing starts came in above expectations at 1066k in June, a month- over-month rise of ...

NEW Thursday 7/17/08 ... At A Glance

Thu, Jul 17 2008, 6:41 AM

NEW Thursday 7/17/08 ... Not A Good Start

Thu, Jul 17 2008, 6:31 AM

NEW Wednesday 7/16/08 ... Pushing Down

Wed, Jul 16 2008, 12:53 PM

NEW Wednesday 7/16/08 ... Staying Really Ugly

Wed, Jul 16 2008, 9:15 AM

NEW Wednesday 7/16/08 ... Dropping

Wed, Jul 16 2008, 8:39 AM

NEW Wednesday 7/16/08 ... Bouncing back just slightly

Wed, Jul 16 2008, 7:55 AM

NEW Wednesday 7/16/08 ... Down Already

Wed, Jul 16 2008, 7:13 AM

NEW Higher U.S. CPI, FOMC Minutes Lead to Greater Chance of Rate Hike

Wed, Jul 16 2008, 7:00 AM

Fed fund futures showed a slightly heightened risk of a rate hike in 2008 by the Federal Reserve, following a higher-than- expected CPI print for J...

NEW Fed Minutes Say Next Move Could Be Higher Funds Rate

Wed, Jul 16 2008, 7:00 AM

The minutes of the Federal Open Market Committee's (FOMC) June 24-25 meeting show that FOMC Board Members agreed upside risks to inflation had inc...

NEW Despite Market Turmoil, Mortgage Rates Remain Becalmed

Wed, Jul 16 2008, 7:00 AM

According to Freddie Mac's Primary Mortgage Market Survey for the week ending July 10, there was little change in either short or long term mortgag...

NEW NAHB Builder Confidence Reaches New Historic Low at 16

Wed, Jul 16 2008, 7:00 AM

A report from Wells Fargo and the National Association of Home Builders (NAHB) suggests that homebuilders were even more pessimistic in July as th...

NEW Preview: Housing Starts Expected to Drop 15k in June

Wed, Jul 16 2008, 7:00 AM

Following a lower-than-expected level of housing starts and permits in the May report, plus a major downward revision in the month before, economi...

NEW U.S. June Core CPI Up 0.3% as Total Inflation Surges 1.1%

Wed, Jul 16 2008, 7:00 AM

The seasonally adjusted U.S. Consumer Price Index rose more than expected on both fronts, as the core rate ticked up 0.3% (0.323%) in June, contri...