The combination of private and public ownership makes Fannie Mae and Freddie Mac hybrids, and that, says commentator Amity Shlaes, is a big part of the problem. It might be heresy to some, but she thinks nationalizing them is the answer.
The Securities and Exchange Commission says it will go after originators of false rumors intended to manipulate stock prices. But, as John Dimsdale reports, gossip has been around since the stock market began.
When mortgage lenders report second-quarter earnings this week, poor showings won't be a surprise. But Wall Street didn't wait for the reports as bank stocks traded down today. Alisa Roth reports.
Banks report their latest profits starting next week and investors are notably skeptical. Bob Moon reports Wall Streeters will be taking a good, hard look at what's going on in the next few weeks.
Belgian brewer InBev has filed papers to try to oust the entire Anheuser-Busch board in its effort to take over the American beverage company. Amy Scott reports.
With analysts expecting weak numbers at the end of June, will July start off any better? Amy Scott reports many investors are moving away from stocks, and whether or not it's officially a bear market is irrelevant.
The Fed is getting a lot of heat for not doing anything about the weakness in the dollar and experts all have their own suggestion on what the Fed should do next. Nancy Marshall Genzer reports.
Wall Street is coming off a huge sell-off this morning. FTN Financial's Chris Lowe talks to Renita Jablonski about how it could have happened, the weather in the market now and whether we might bottom out any time soon.
Wall Street got you feeling not so well this morning? Steve Henn hit the streets to hear favored cures for a hangover — but points out it may not be enough to get us out of a rough economy in the next year.
