Latest Stories

Latest Stories


Hillary v. Rudy?

Amy Scott | Apr 16, 2007
Hillary Clinton and Rudy Giuliani have taken the early lead in polls for the presidential election. If the two New Yorkers end up going head-to-head in 2008, Wall Street might have to hedge its bets.
Posted In: New York, Washington

Candidates sprint out of the gates

Steve Henn | Apr 16, 2007
Election Day is still 18 months away but already the 18 declared candidates are on a record-setting pace for both raising and spending money — and Democrats are leading the first leg of the campaign finance race.

Lenders blame the media

Steve Tripoli | Apr 16, 2007
As the subprime lending market continues to struggle, mortgage bankers are pointing the finger of blame back at the news media, saying the intense coverage is making things worse.
Posted In: Housing

Congress tinkers with patent law

Janet Babin | Apr 16, 2007
Small businesses have been pleading for patent reform, and Congress is expected this week to unwrap legislation to change the system. But some fear it might unintentionally dry up the flow of venture capital.
Posted In: Crime, Washington

Be nice to bank robbers

| Apr 16, 2007
That's right, go ahead and kill 'em with kindness. FBI agents in Seattle are training bank employees in the robbery-plagued city to identify and approach suspicious customers, and the program seems to be working.
Posted In: Crime

New suitors for ABN Amro

Stephen Beard | Apr 16, 2007
After nearly a month of negotiating, London's Barclays suddenly finds itself competing for the attentions of Dutch bank ABN Amro. A consortium made up of three other European banks may be prepared to pay more.
Posted In: Canada

Sallie Mae says yes

Steve Henn and Scott Jagow | Apr 16, 2007
Student loan giant Sallie Mae has agreed to a $25 billion buyout. Shareholders still have to approve the deal, but there's already resistance in Washington where lawmakers are concerned about the industry becoming even less transparent.
Posted In: Washington

Apartment Rents?

Chris Farrell | Apr 15, 2007
There still seems to be an expectation that apartment rent prices will rise this year, but I don't buy it. The supply of housing is simply too big,...

Money and Politics

Chris Farrell | Apr 15, 2007
We all know money in politics is disturbing. And about the safest forecast I can make is this: The candidates for the White House will raise record...

The Merrill Lynch Rule

Chris Farrell | Apr 15, 2007
I don't think the U.S. Court of Appeals decision striking down on March 30th the "Merrill Lynch rule" has gotten enough attention. It looks like...