Help  may be on the way for the financial sector, but in the meantime individual institutions are continuing to get hit with damage from the growing subprime mortgage crisis. Analysts See Subprime Losses Reaching $400 Billion
The days of easy credit are probably over. With housing in a slump, qualifying for a home equity loan or a line of credit is no longer a walk in the park.  Buf if you really need to borrow, just what do you do? Here's a few tips on where and how to get the cash.
A Citi analyst downgraded shares of E-Trade Financial on Monday after the online brokerage said late Friday that deterioration in the value of its holdings of securities backed by home mortgages has fallen significantly and will lead to bigger-than-expected write-downs in the fourth quarter.
Blackstone Group President and Chief Operating Officer Hamilton James said on Monday that the subprime mess that hit Wall Street banks appears to be getting worse.
Oil slid $1.70 on Monday, after key OPEC member Saudi Arabia said the cartel would consider raising production, to halt crude's climb toward $100 and safeguard world economic growth.
European planemaker Airbus named on Monday Saudi billionaire Prince Alwaleed bin Talal as the first private buyer of an A380 superjumbo, the world's largest passenger airliner.
Gold fell more than 3.5 percent to a one-week low on Monday, as sliding oil prices and a rising dollar prompted investors to cash in on bullion's recent lightning rally to 28-year highs.
Airbus and Boeing ensured 2007 smashes all records for plane sales as deals announced at the Dubai air show neared $80 billion on Monday, powered by demand from Gulf Arab states.
Ford Motor has narrowed the auction of its Jaguar and Land Rover brands to three bids, two of them involving Indian companies, people familiar with the matter said Monday.
The trust that has a controlling stake in chocolate maker Hershey on Sunday forced a sweeping overhaul of the company's board amid dissatisfaction with the company's recent results.
