The slumping CD is facing a make-or-break Christmas. As the music industry enters the biggest sales period of the year with the kickoff of the holiday shopping blitz, its core physical-goods business is off more than 18 percent year-to-date...
Freddie loss Freddie Mac may re port wider losses than it forecast as the slump in credit markets worsens, Moody's Investors Serv ice said. Freddie Mac, which reported a record loss of $2.02 billion for the third quarter earlier this week, may...
Some users of the online hangout Facebook are complaining that its two-week-old marketing program is publicizing their purchases for friends to see. Those users say they never noticed a small box that appears on a corner of their Web browsers...
Investors in Countrywide Financial, the nation's largest mortgage lender, have been taken on a wild ride over the last month. This week, Countrywide was forced to publicly deny rumors that it was on the verge of bankruptcy as its stock sank to a...
E*Trade Financial rose 25 percent on reports the online brokerage might sell itself or part of its business. E*Trade is speaking to competing firms about a sale of the company or its brokerage operations. Charles Schwab and TD Ameritrade Holding...
Former Federal Reserve Chairman Alan Greenspan said he has "no particular regrets" and that the slump in the US housing market isn't a result of his policies. "Markets are becoming aware of the fact that the decline in house prices is not stopping...
Wall Street went shopping for its own Black Friday bargains yesterday - snapping up depressed retail and financial stocks to lift markets out of a post-holiday slump. In very thin trading on a day in which the markets closed at 1 p.m., the Dow...
Overstock.com is taking its bitter war to reform short-selling practices to Washington, launching a lobbying group whose goal is to raise investor awareness about so-called "phantom trading." The group, Coalition Against Phantom Trading, is housed...
Wall Street is betting on a nice bounce today from Europe's stock rally to help chase away any holiday shopping blues. Shares rallied in Europe and South America yesterday while markets here were dark for the Thanksgiving holiday, giving investors...
THE Bauer Publishing celebrity titles In Touch and Life & Style are suffering as a result of their 50 percent price hike three weeks ago to $2.99 from $1.99. Insiders at the Germany-based company concede there has been slippage and acknowledge...
