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Top Money Stories
Fannie, Freddie Backstop Plan Said Near
posted: 3 HOURS 6 MINUTES AGOcomments: 5
The Wall Street Journal reports that the U.S. Treasury may soon step in to provide a
financial boost to mortgage finance companies Fannie Mae and Freddie Mac. The news comes as the companies continue to struggle amid sinking home prices, rising foreclosures and a weakening economy.
Quotes: FRE | FNM | Also See: Mortgage Delinquencies Hit New Record
Quotes: FRE | FNM | Also See: Mortgage Delinquencies Hit New Record
Time to Bet on Buffett? It's a 'No-Brainer'
posted: 3 HOURS 23 MINUTES AGOcomments: 0
filed under: Investing
Getty Images
After a volatile week on Wall Street, it's time for investors to regroup. But where should you put your money? One expert says despite a recent earnings slide, a good bet could be Berkshire Hathaway, which he calls "the single greatest investment of our lifetimes." Read more on what makes Berkshire shine and see what the Oracle of Omaha Warren Buffett is buying.
More on Buffett From BusinessWeek:
Stocks From Buffett List | Buy 'Em Like Buffett
Also See: Not Every Cheap Stock Is a Bargain
More on Buffett From BusinessWeek:
Stocks From Buffett List | Buy 'Em Like Buffett
Also See: Not Every Cheap Stock Is a Bargain
Money and Finance Advertisement
posted: 51 DAYS 1 HOUR AGOcomments: 0
Jobless Rate Soars to 5-Year High
posted: 9 HOURS 46 MINUTES AGOcomments: 1050
Employers cut payrolls by 84,000 in August, boosting the jobless rate to a five-year high of 6.1 percent. The latest data shows more proof of how a deeply troubled U.S. economy is wreaking havoc on workers and businesses.
From 24/7 Wall St.: On the Way to 8 Percent?
From 24/7 Wall St.: On the Way to 8 Percent?
Federal Reserve Not 'Magical Piggy Bank'
posted: 13 HOURS 26 MINUTES AGOcomments: 89
AP
Troubles in the nation's shaky financial system are far from over, despite a string of unconventional -- and some controversial steps taken by Federal Reserve Chairman Ben Bernanke earlier this year. And former chairman Alan Greenspan says he is concerned that Capitol Hill will look to the Fed's recent actions "as a wondrous new font of seemingly costless federal funding -- a magical piggy bank."
Dell May Unload Factories to Cut Costs
posted: 11 HOURS 4 MINUTES AGOcomments: 0
filed under: Tech News
The Wall Street Journal reports that PC maker Dell is trying to sell computer
factories around the world in efforts to cut cost and improve
profitability. The company recently reported that its second-quarter profit slipped 17 percent. Quote: DELL
From BloggingStocks: Dell Could Be Making Huge Mistake
From BloggingStocks: Dell Could Be Making Huge Mistake
Starbucks Adds 'Healthy' Breakfast Items
posted: 11 HOURS 41 MINUTES AGOcomments: 0
In its latest attempt to boost sales, Starbucks adds several "healthy" new offerings to its menu, further expanding breakfast choices for the early morning crowd.
Latest Money News
My Investments
My PortfoliosWatchlistRecent QuotesFind out why more people track their portfolios on AOL Money & Finance than anywhere else. |
Most Actives
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| IWM | 71.64 | -0.18 | 0.25% | 122.3M | |
| FRE | 5.10 | 0.15 | 3.03% | 85.5M | |
| BAC | 32.23 | 1.63 | 5.33% | 85.39M | |
Biggest % Gainers
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| DSL | 3.10 | 0.77 | 33.05% | 3.4M | |
| HJS | 5.52 | 1.24 | 28.97% | 17,542 | |
| UST | 67.55 | 13.55 | 25.09% | 34.36M | |
Biggest % Losers
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| ABM | 21.12 | -4.81 | 18.55% | 1.3M | |
| PEC | 16.01 | -2.99 | 15.74% | 820,957 | |
| GBE | 3.84 | -0.61 | 13.71% | 1.2M | |
| Type | Current | APR |
|---|---|---|
| 30 Yr Fixed Mtg | 6.14% | 6.29% |
| 5/1 ARM | 5.81% | 5.79% |
| $30K HELOC | 5.54% | 0.00% |
| 36 Month New Car Loan | 6.72% | 0.00% |
| 1 Yr CD | 3.69% | 3.75% |
