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  1. The exterior of the world headquarters for Lehman Brothers is seen in New York June 4, 2008. (Brendan McDermid/Reuters)
    Lehman straits may spur hostile takeover: analyst Reuters - 1 hour, 38 minutes ago Avg. Rating: 4.6

    NEW YORK (Reuters) - Lehman Brothers failed to sell a large stake to Asian investors, a report said, and such failures may open the door to a hostile takeover of the investment bank, an analyst wrote.

  2. FDA reports deaths with diabetes drug Byetta AP - Mon Aug 18, 8:28 PM ET Avg. Rating: 4.6

    WASHINGTON - Federal regulators are working on a stronger label for a widely used diabetes drug marketed by Amylin Pharmaceuticals Inc. and Eli Lilly & Co. after deaths were reported with the medication despite earlier government warnings.

  3. Leading economic indicators fell sharply in July AP - Thu Aug 21, 10:49 AM ET Avg. Rating: 4.5

    NEW YORK - A private business group's measure of the economy's health showed the largest drop in one year as stocks fell, new building permits declined and unemployment rose.

  4. A board at the New York Stock Exchange shows the final tally for the day, June 26, 2008. (Brendan McDermid/Reuters)
    Energy lifts Dow and S&P but credit worries remain Reuters - 33 minutes ago Avg. Rating: 4.5

    NEW YORK (Reuters) - The Dow and S&P 500 rose on Thursday as surging oil prices drove up energy shares, though fresh fears of more credit losses on Wall Street kept gains modest and pushed the Nasdaq into negative territory.

  5. Pat Seymour with Neighborhood Realtors places a 'sold' sign on a home in Riverside, Calif., Tuesday Aug. 19, 2008. A research firm says home prices in the San Francisco Bay area plunged 29.3 percent in July to a 53-month low. MDA DataQuick says in its report Tuesday that the median price for new and resale homes and condos stood at $470,000 last month, down from $665,000 in July 2007. (AP Photo/Nick Ut)
    California home sales surged in July, prices fell AP - Tue Aug 19, 7:31 PM ET Avg. Rating: 4.5

    LOS ANGELES - California homebuyers sprung to life in July, pouncing on foreclosed homes and deeply discounted properties but largely ignoring pricier homes that have been languishing on the market, a research firm said Tuesday.

  6. New York Attorney General Andrew Cuomo attends a press conference in New York June 5, 2008. REUTERS/Chip East
    Source: auction-rate probe focuses on 3 banks AP - Thu Aug 21, 7:02 AM ET Avg. Rating: 4.5

    NEW YORK - New York Attorney General Andrew Cuomo will intensify his probe into auction-rate securities by focusing on Bank of America Corp., Goldman Sachs Group Inc. and Deutsche Bank AG, a person close to the investigation said Wednesday.

  7. The exterior of the world headquarters for Lehman Brothers is seen in New York, June 17, 2008. (Shannon Stapleton/Reuters)
    Lehman couldn't secure Korean Funds: report Reuters - Wed Aug 20, 5:54 AM ET Avg. Rating: 4.5

    (Reuters) - Lehman Brothers Chief Executive Dick Fuld nearly struck a deal to raise almost $5 billion from South Korean wealth funds and institutions but the pact disintegrated, the New York Post said citing sources familiar with the matter.

  8. Economy remains stuck in low gear AP - 1 hour, 22 minutes ago Avg. Rating: 4.4

    NEW YORK — A private sector measure of the economy's health showed the largest drop in a year, and while new jobless claims fell for the second straight week, they remain near the highest levels since 2002. The reports are the latest evidence the languishing American economy remains stuck in low gear.

  9. Salvatore Fucile, 82 and his wife, Clara, pose for a photograph in the kitchen of their Springfield, Pa., home, Friday, Aug. 15, 2008. The couple wound up in an Option ARM from IndyMac after consolidating two mortgages on their suburban Philadelphia home. (AP Photo/Tom Mihalek)
    'Liar loans' threaten to prolong mortgage crisis AP - Mon Aug 18, 5:50 PM ET Avg. Rating: 4.4

    In the mortgage industry, they are called "liar loans" — mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets."

  10. David Middleton posses for a portrait in front of his home in Broomall, Pa., Friday, Aug. 15, 2008. Middleton and others formed the grassroots group, Fed Up USA, which have protested in Washington and elsewhere against 'federal financial irresponsibility.' (AP Photo/Justin Maxon)
    Washington offers no relief for savers AP - Mon Aug 18, 1:03 PM ET Avg. Rating: 4.4

    WASHINGTON - Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it.

  11. A woman shops at at a mall in a Denver suburb, May 16, 2008. (Rick Wilking/Reuters)
    Energy plunge helps factories, jobless claims ease Reuters - Thu Aug 21, 11:21 AM ET Avg. Rating: 4.4

    NEW YORK (Reuters) - Mid-Atlantic factory activity declined less rapidly in August while weekly jobless claims fell, in two reports on Thursday that revealed morsels of good news in an otherwise bleak economic environment.

  12. A home that has been foreclosed and repossessed by the bank up for sale in Burbank, California, July 20, 2008. (Fred Prouser/Reuters)
    Fannie and Freddie debt gains, deep share dive abates Reuters - 6 minutes ago Avg. Rating: 4.4

    NEW YORK (Reuters) - Investors' growing belief in the likelihood of a federal bailout of home-funding giants Fannie Mae and Freddie Mac triggered a rally in the debt prices of the two companies on Thursday while a steep fall in their shares prices abated.

  13. Following AP report, appraisers calls for reform AP - Wed Aug 20, 6:27 PM ET Avg. Rating: 4.4

    CHARLOTTE, N.C. - Four national associations of real estate appraisers have asked Congress for major regulatory reforms in the wake of an Associated Press investigation that identified key failings within the existing system.

  14. A sign hangs outside a home for sale in Las Vegas, Nevada. As the US economy appears more than ever linked to the health of the housing market, analysts see no end to falling prices or recovery in the sector before 2009.(AFP/Getty Images/File/Ethan Miller)
    Media coverage of the economy lags, study finds AP - Mon Aug 18, 12:17 AM ET Avg. Rating: 4.4

    NEW YORK - Media coverage of the economic downturn in the U.S. has lagged behind both economic activity and public interest, according to a study being released Monday by a Washington, D.C.-based research group.

  15. Jeffrey Lacker (L) and Richard Fisher in a combination image. The Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indicating that higher interest rates may be needed. (File/Reuters)
    Fed officials say must be ready to curb inflation Reuters - Tue Aug 19, 5:02 PM ET Avg. Rating: 4.4

    ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indicating that higher interest rates may be needed.

  16. An unidentified worker toils on a new home under construction in south Denver on Sunday, Aug. 17, 2008. Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday. (AP Photo/David Zalubowski)
    Housing starts dip to lowest level since March '91 AP - Tue Aug 19, 9:13 AM ET Avg. Rating: 4.4

    WASHINGTON - Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday.

  17. The headquarters of mortgage lender Fannie Mae is shown in Washington in this file photo from October 3, 2006. (Jason Reed/Files/Reuters)
    Mortgage application volume hits multiyear low AP - Wed Aug 20, 9:11 AM ET Avg. Rating: 4.4

    NEW YORK - Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday.

  18. A trader looks at a computer monitor on the floor of the New York Stock Exchange on August 5. UBS bank economists have said the United States is likely to slip into recession in the coming months as the cushioning impact of sharp interest rate cuts and tax rebates wears out.(AFP/Getty Images/File/Chris Hondros)
    US likely to slip into recession : UBS economists AFP - Tue Aug 19, 4:50 AM ET Avg. Rating: 4.4

    ZURICH (AFP) - The United States is likely to slip into recession in the coming months as the cushioning impact of sharp interest rate cuts and tax rebates wears out, UBS bank economists said Tuesday.

  19. People shop for canned food at the San Francisco Food Bank in June 2008 in San Francisco. A pair of troubling US economic reports released Tuesday showed a sharp uptick in wholesale prices and a heavy slump in new home construction are continuing to plague the world's largest economy.(AFP/Getty Images/File/Justin Sullivan)
    US inflation at 27-year high as home building dives AFP - Tue Aug 19, 4:56 PM ET Avg. Rating: 4.4

    WASHINGTON (AFP) - A pair of troubling US economic reports released Tuesday showed a sharp uptick in wholesale prices and a heavy slump in new home construction are continuing to plague the world's largest economy.

  20. The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia in this July 23, 2008 file photo. (Larry Downing/Reuters)
    Bailout concerns slam Freddie, Fannie shares Reuters - Mon Aug 18, 4:45 PM ET Avg. Rating: 4.4

    NEW YORK (Reuters) - Investors dumped shares of Fannie Mae and Freddie Mac on Monday after a newspaper report said government officials may have no choice but to effectively nationalize the U.S. housing finance titans.

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