The investment rating service has made it harder for mortgage-backed bonds to get its top rating. As a result, it says it's now losing business. Jill Barshay reports.
Fed chief Ben Bernanke told Congress today that core inflation shows signs of increasing, the Gross Domestic Product isn't looking so hot and, oh yes, there's that subprime mortgage thing.
Hedge fund and private equity fund managers are taking big risks and raking in fortunes. But the employees of all these public and corporate pension plans now investing in the funds have a lot more at stake, warns commentator Robert Reich.
Life settlements, viaticals, mortality and longevity bonds — investors these days are finding all sorts of ways to cash in on life and death. Amy Scott explains.
You might think good times are here again on Wall Street, given the last few sessions. But investors in the options market seem to be indicating that things have gone too far, too fast. Economist Mark Zandi explains.
When it comes to real estate these days, is it the buyers or sellers in the driver's seat? Lisa Napoli posts questions on the current state of the housing market to George Mannes of Money Magazine.
In this huge wave of corporate profits, what you really want to see is a company spending its extra cash paying out dividends to shareholders, not buying back stock. Chris Farrell explains.