Buffett's take on subprime

Billionaires Warren E. Buffett and Charles T. Munger say the pain many financial institutions are feeling because of the credit crunch is well deserved. The chairman and vice chairman of Berkshire... >>more

Jumbo rates may finally see decline

I find myself writing about the ever-changing mortgage climate almost every week, but I think it's important to keep apprised of the latest changes. I've read various articles from other newspapers,... >>more

Jobs: 'Not as bad as we thought'

Employers trimmed jobs in April for the fourth straight month, according to a government report Friday that was not as weak as Wall Street's expectations. There was a net loss of 20,000 jobs in the... >>more

Factory orders in surprisingly strong jump

Factory orders spiked up in March, after a two-month slide, according to a government report released Friday that far surpassed forecasts.

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Stocks turn mixed after early rise

Stocks turn mixed Friday morning as Sun Microsystems' surprise quarterly loss and rising oil prices tempered an early advance sparked by a report showing employers cut fewer jobs from their payrolls... >>more