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  • Blitzing Bernanke Tuesday, 11 Sep 2007 | 10:39 AM ET

    If the U.S. economy goes into a recession, investors are going to need some strong defensive stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Cramer’s Jock Stocks Tuesday, 11 Sep 2007 | 10:37 AM ET

    Forget the nerds at the Fed. Investors are better off banking with these fantasy picks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Mortgage Mess Of Today Rivals S&L Crisis of '80s? Tuesday, 11 Sep 2007 | 8:57 AM ET
    Larry White

    The meltdown in the mortgage market and its impact on the credit markets may have some historical precedent; the collapse of the savings and loan industry and its subsequent government bailout in the late 1980s and early 1990s was also a major lending debacle.

  • European corporates' mostly solid balance sheets should help them withstand the credit market turmoil, but "junk" bond defaults are set to rise owing to higher borrowing costs, Moody's Investors Service said.

  • Low-Profile Billionaire Sees Promise in Bear Stearns Monday, 10 Sep 2007 | 5:12 PM ET

    Lewis, who prefers to keep a low profile, wouldn't comment on his stake in Bear Stearns when CNBC spoke to him on Monday. But the move speaks to the kind of investor he is -- often seeing value where others see risk.

  • Bond Funds May Be Next to Feel Subprime Shockwaves Monday, 10 Sep 2007 | 3:39 PM ET
    For Sale Signs

    Could the housing market's woes spread to bonds held in mutual funds by millions of ordinary investors?

  • WaMu, Wachovia Feel Pinch of Credit Turmoil Monday, 10 Sep 2007 | 3:33 PM ET
    Washington Mutual's headquarters in Seattle.

    Two of the largest U.S. banking companies said Monday that tough credit market conditions may cause higher losses related to lending.

  • Fed Can Help U.S. Avoid Recession: Economists Monday, 10 Sep 2007 | 2:41 PM ET
    dollar_bills_pile_1.jpg

    Economists are clearly worried about the U.S. falling into a recession, but they also believe the Federal Reserve can help prevent one by cutting interest rates.

  • More States Join Ohio Rating Agency Probe Monday, 10 Sep 2007 | 6:29 AM ET

    Half a dozen states are working together to investigate rating agencies, banks and other players that benefited from the onetime boom in subprime mortgages that has since turned into a meltdown, Ohio Attorney General Marc Dann told Reuters.

  • Week on Wall Street: No Holiday for Stocks Friday, 7 Sep 2007 | 4:40 PM ET

    Stocks ended the holiday-shortened week lower as surprisingly weak monthly employment report sparked worries of a U.S. economic recession. The Dow Jones Industrial Average posted a weekly loss of 1.7%, the S&P 500 fell 1.3% and the Nasdaq Composite declined 1.2%.

  • Beazer Homes Receives Notice of Default Friday, 7 Sep 2007 | 12:30 PM ET

    U.S. home builder Beazer Homes USA said Friday it received "purported" default notices related to some senior notes from the bank that serves as trustee for the notes, sending shares down as much as 15 percent.

  • IndyMac Bancorp Shares Fall; Sees Third-Quarter Loss Friday, 7 Sep 2007 | 10:46 AM ET

    IndyMac Bancorp, one of the largest independent U.S. mortgage lenders, said Friday that it might post a third-quarter loss as defaults rise and loan volumes decline, and its shares fell as much as 9.8 percent.

  • Zurich Financial Sees No Subprime Debt Surprises Friday, 7 Sep 2007 | 3:08 AM ET

    Zurich Financial Services has enjoyed a positive performance in its bond portfolio in the past two months with no surprises from its subprime exposure, Chief Executive James Schiro said on Friday.

  • Fed's Fisher Says Inflation Moving in Right Direction Thursday, 6 Sep 2007 | 5:14 PM ET

    Dallas Federal Reserve President Richard Fisher said on Thursday that there is still a lot of analysis ahead before the next Fed decision on interest rates.

  • Homebuilders Shares Add to Losses on Foreclosure News Thursday, 6 Sep 2007 | 1:46 PM ET

    Housing stocks were mostly lower Thursday after data showed new home foreclosures hit a record high in spring, giving the sector its third consecutive day of declines.

  • European stocks closed broadly higher Thursday after Europe's two most prominent central banks left rates unchanged to fully assess the effect of the recent turmoil in financial markets.

  • Subprime Woes Push New Foreclosures to Record High Thursday, 6 Sep 2007 | 10:41 AM ET
    A foreclosed home for sale.

    The number of homeowners receiving foreclosure notices hit a record high in the spring, driven up by problems with subprime mortgages.

  • Countrywide Financial to Cut 900 More Jobs Wednesday, 5 Sep 2007 | 8:14 PM ET

    Struggling mortgage lender Countrywide Financial said Wednesday it will cut about 900 more jobs nationwide, primarily from its mortgage production divisions.

  • Prices Up as Housing, Jobs Data Support Rate Cut Wednesday, 5 Sep 2007 | 12:58 PM ET

    U.S. government debt prices rallied Wednesday, sending benchmark yields to five-month lows, after weak housing and employment reports solidified bets that the Federal Reserve would cut interest rates this month.

  • Pending Home Sales Slide As Credit Tightens Wednesday, 5 Sep 2007 | 12:25 PM ET
    ForSaleHouse.jpg

    Pending sales of previously owned U.S. homes fell by a surprising 12.2% in July as credit tightened up amid troubles in the housing and subprime mortgage sectors, a real estate trade group said.