Industry News

Oil ends a volatile day slightly higher

CNN Financial News 4 hours 5 min ago
Oil prices settled higher on Wednesday after a volatile trading day.

America's most dangerous jobs

CNN Financial News 4 hours 18 min ago
Fishing, flying and logging were the three most dangerous jobs in America in 2007. These occupations reported higher death rates than any others, according to a report out Wednesday from the Bureau of Labor Statistics (BLS).

Stocks churn, Fannie and Freddie skid

CNN Financial News 4 hours 21 min ago
Stocks seesawed late Wednesday, influenced by fluctuating oil prices and worries that Fannie Mae and Freddie Mac are on the brink of a government takeover.

Bank rally stymied by Fannie, Freddie

CNN Financial News 4 hours 38 min ago
Financial stocks were mixed after an early rally Wednesday, as worries mounted about troubled mortgage giants Fannie Mae and Freddie Mae, and a bearish report from Goldman Sachs about five key banks spooked investors.

Fannie, Freddie plunge again

CNN Financial News 5 hours 6 min ago
Battered mortgage giants Fannie Mae and Freddie Mac took yet another hit on Wednesday as concerns grew about a possible government bailout.

IndyMac borrowers to get relief

CNN Financial News 5 hours 31 min ago
The FDIC, six weeks after taking over mortgage lender IndyMac Bank, said Wednesday that it will start automatically modifying some of the bank's most troubled loans to keep borrowers in their homes.

Qualifying for a student loan

CNN Financial News 5 hours 53 min ago
The student loan market is rejecting more applicants because of too-low credit scores, but the market is still advancing money, even as colleges prepare to resume classes. Some tips from CNN's Gerri Willis on how to nab a loan.

Bonds rise on cloudy outlook for financial firms

CNN Financial News 6 hours 11 min ago
Treasury prices rose Wednesday as lingering concerns about the health of the financial services sector spurred demand for the relative safety of government-backed bonds.

Dollar climbs as oil dips

CNN Financial News 6 hours 16 min ago
The dollar climbed against major currencies Wednesday, reversing a two-day losing streak as falling oil prices encouraged investors to take money out of commodities and a read on Germany's economy continued to show weakness.

Fannie bailout? Hold on a second

CNN Financial News 6 hours 16 min ago
The frenzied trading in shares of Fannie Mae and Freddie Mac seems to assume the government will soon ride to the rescue of the mortgage giants.

FDIC plans for IndyMac home borrowers

CNN Financial News 6 hours 24 min ago
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Listen up! The bond markets are talking

CNN Financial News 7 hours 6 min ago
Bond prices have rallied lately. And that's both a good thing and bad thing.

Ericsson and chip-maker in joint venture

CNN Financial News 7 hours 37 min ago
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The only way to fix Social Security

CNN Financial News 7 hours 58 min ago
John McCain and Barack Obama both talk about how they would put Social Security on sound financial footing.

OfficeMax sinks after CFO resignation

CNN Financial News 8 hours 8 min ago
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Gas price decline nears 40 cents

CNN Financial News 8 hours 37 min ago
Gasoline prices have fallen nearly 40 cents a gallon from their record highs after 34 straight days of declines, according to a daily survey released Wednesday.

Mortgage applications near 8-year low

CNN Financial News 9 hours 7 min ago
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Retailing icon Mickey Drexler doubles down

CNN Financial News 10 hours 3 min ago
Is now the time for a retailer to go upscale? The guru behind clothier J. Crew thinks that's the right strategy.

Joy in Mudville

CNN Financial News 10 hours 4 min ago
I supply special mud for Major League Baseball. The story goes back to when pro baseball teams began using new balls for each game. They wanted to remove the factory gloss and make the balls easier to grip. The umpires tried in-field dirt, shoe polish, and tobacco juice, but everything damaged the ball.

American Airlines launches Wi-Fi on 3 routes

CNN Financial News 10 hours 24 min ago
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