Wachovia said Friday it suffered a $1.1 billion loss on subprime mortgage-related debt, while Capital One said more customers are having trouble paying their bills as the US credit crisis deepens.  Barclays Denies Writedown Talk 

  Bank of America saidthat market dislocations will adversly impact results duing the fourth quarter, according to a filing, while JPMorgan Chase said it could have further leveraged loan write-downs in the quarter.

  Soaring global oil costs helped drive U.S. import prices up at the steepest rate in nearly 1-1/2 years during October, according to a Labor Department report on Friday that was likely to heighten concern about energy-driven inflation.

  With rapid fluctuations becoming commonplace in the major stock indexes, about the only thing there is to be certain of is uncertainty.

  Whether or not the weakening dollar is in the danger zone, with Kathy Lien, Forex Capital Markets chief strategist and CNBC's Sue Herera

  House Democrats on Friday pushed through an $80 billion bill to block the spread of a dreaded tax on middle-income people, the Alternative Minimum Tax. The White House and Republicans, protesting tax increases in the bill affecting mainly investment fund managers, maintained that it would never become law.

  Citigroup, the largest bank in the United States, said on Thursday that its former Chairman and Chief Executive, Charles Prince, will take home roughly $40 million as he retires from the company.

  Some of Warren Buffett's fellow bilionaires in the Forbes 400 speak out on his million-dollar challenge over tax rates and the very wealthy.  So far, no takers.

  So there I am driving to the Northwestern/Iowa football game last Saturday when my friend Bruce says, "Hey, what do you think of the Buick Enclave? I think it's pretty sharp." Well Bruce, you are not alone. The latest stats from J.D. Power's Power Information Network shows the Buick Enclave was the fastest selling vehicle in the U.S. last month.

  The hour's business headlines, with CNBC's Rebecca Jarvis

  What's a stake in the Hollywood writer's strike? Plenty, if online video streaming continues to catch on ... not just for pay-per-view downloads, but ad-supported "free" video as well. And there's a lot of that out there.

  Merck has agreed to pay $4.85 billion to settle claims that its painkiller Vioxx caused heart attacks and strokes in thousands of users, the drugmaker said Friday.

  U.S. consumer sentiment posted a surprisingly sharp fall in early November, hitting its lowest in two years as high energy costs and falling home prices pummeled confidence, a survey released Friday showed.

  Qualcomm Chief Executive Paul Jacobs is telling one story; shares of his company seem to be telling another. "Business is actually going quite well," Jacobs told CNBC Friday morning, although shares were down as much as 7 percent Friday in a broad technology sell-off.