Third of New Homeowners Owe More -- Than Houses Are Worth...
Banks' Subprime Losses Exceed $500 Billion...
Biggest drop in U.S. oil demand in 26 years...
Oil steady on dollar, Georgia conflict...
Gas more affordable than it was during early '60s?
If OPEC Dumps the Dollar: OPEC members formed a working group to study the dollar’s effect on oil prices and to "investigate the possibility of a currency basket" as a means of offsetting declining dollar-based reserves.
The next wave of mortgage defaults: More borrowers with good credit are defaulting on their home loans, and that's going to make it even harder for the staggering housing market to recover.
US central bank auctions funds: The move marks the Reserve's latest attempt to shore up the nation's struggling banking system, as the fallout from the US's mortgage crisis continues.
Foreign Investors Weary Of US Junk Paper
UBS Writes Down Another $10 Billion
UK Inflation Surges To 15 Year High
UK House Sales Closer To Floor
Wachovia To Close Mortgage Offices In 19 States
Insiders Knew Bear Shares Would Crash
Foreigners Ready to Scoop Up US Foreclosures
China To Pass US Manufacturing Next Year
Opec Income Hits Record As Oil Prices Soar
Russian Stock Market Hits 2 Yr Low
UK Loses $1.2 Trillion In Credit Crisis
Fannie Fears For Its Future After $2.3B Loss
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