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  • If Recession Is Now Here, When Is It Going to End? Friday, 7 Mar 2008 | 2:48 PM ET

    A second straight month of job losses all but ended the debate over whether the U.S. economy has slipped into recession. Now the question is how to get out.

  • Pimco's Gross: Fed Should Buy Mortgages Friday, 7 Mar 2008 | 2:42 PM ET

    The Federal Reserve needs to take a more active role in stemming the housing crisis, possibly by exchanging Treasury notes for mortgage notes, Pimco Bonds Chief Information Officer Bill Gross said on CNBC.

  • CEO Pay Hearings? Stop Wasting My Tax Dollars Friday, 7 Mar 2008 | 11:35 AM ET
    Angelo Mozilo

    A memo from the House Committee on Oversight and Government Reform states that in the last two quarters of 2007, Citigroup, Merrill Lynch and Countrywide Financial combined lost more than 20 billion dollars, thanks to the subprime mortgage meltdown. ...But CEO windfalls are a fact of life.

  • Surge in Job Cuts Fuels Worries About Recession Friday, 7 Mar 2008 | 8:33 AM ET
    Unemployment Line

    U.S. employers cut payrolls for a second straight month during February, slashing 63,000 jobs for the biggest monthly job decline in nearly five years.

  • Central Banks Voice Concern on Inflation Friday, 7 Mar 2008 | 8:22 AM ET

    Central bankers from the world's industrialised and developing regions voiced concern on Friday over surging food and energy prices, their latest big challenge as globalisation unsettles the balance of supply and demand.

  • Fed's Fisher: No Need for Emergency Rate Cut Friday, 7 Mar 2008 | 7:35 AM ET
    The Federal Reserve headquarters in Washington, DC.

    The U.S. Federal Reserve took very "deliberate action" when it lowered key interest rates rapidly but this does not necessarily mean more of the same is in store, a top Fed official said on Friday.

  • Jobs Report Likely to Reveal Downward Trend Friday, 7 Mar 2008 | 6:32 AM ET

    Today's jobs report is unlikely to offer a ray of hope amid the gloom over the US economy  as the trend for a weakening jobs market is expected to become clearer, analysts said.

  • South Korea Holds Rates Steady for 7th Month Thursday, 6 Mar 2008 | 10:48 PM ET

    South Korea's central bank held interest rates steady for a seventh consecutive month on Friday, as widely expected, but economists said rates have probably peaked and may head down from as early as next month.

  • S&P 500 Index Closes Below January Low Thursday, 6 Mar 2008 | 4:37 PM ET

    Wall Street was poised to open mostly lower on Thursday, despite positive retail sales numbers as the market continued to worry over the battered financial sector.

  • Stocks Losses Deepen Amid Credit Worries Thursday, 6 Mar 2008 | 1:52 PM ET

    Wall Street was poised to open mostly lower on Thursday, despite positive retail sales numbers as the market continued to worry over the battered financial sector.

  • Euro Stocks End Lower on US Data, Trichet Thursday, 6 Mar 2008 | 1:08 PM ET

    European stock markets ended firmly lower Thursday after ECB President Jean Claude-Trichet maintained his hawkish tone and kept interest rates pat, while data from the U.S. added to the gloomy outlook.

  • FHA/GSE New Loan Limits Are Here Thursday, 6 Mar 2008 | 12:58 PM ET

    HUD has just released the new loan limits, as mandated by the Economic Stimulus Package of 2008. FHA and the GSEs can temporarily increase loan limits and insure larger mortgages at a more affordable price in high cost areas of the country. Here's the link to check your area!

  • As Dollar Tumbles, Should Fed Stop Cutting Rates? Thursday, 6 Mar 2008 | 12:55 PM ET

    The Fed is cutting rates to bolster the economy and keep the credit crunch from getting worse. But in the process, the central bank is creating other problems--including higher inflation

  • Home Delinquency Report: Not Even A Silver Lining Thursday, 6 Mar 2008 | 12:20 PM ET

    I went into today’s “Quarterly Delinquency Survey” from the Mortgage Bankers Association thinking that no matter how bad the numbers are, the report is from the last quarter of last year, so things are probably better now.

  • REITs Are Looking Up Thursday, 6 Mar 2008 | 12:17 PM ET

    Housing slump or not, real estate investment trusts have outperformed stocks over the past three years and are once again benefitting from low rates.

  • How To Be Your Own Realtor Thursday, 6 Mar 2008 | 12:17 PM ET

    In a weak housing market, handling the sale of your home without having to pay a realtor allows you to set a more competitive price and stand out in a crowded field.

  • Navigating A Mortgage Minefield Thursday, 6 Mar 2008 | 12:16 PM ET
    A real estate sign is posted in front of this four bedroom home in Los Altos, Calif., Wednesday, Jan. 19, 2005, that is being offered for $1,995,000. More homes priced at over a million dollars sold last year in California than in the two previous years combined, a real estate analyst says. (AP Photo/Paul Sakuma)

    "Good" is the operative word in the mortgage market these days. Anything else may simply not be good enough, which is why many borrowers are struggling to do a deal.

  • Fed's Rate Cuts May Do Long-Term Dollar Damage Thursday, 6 Mar 2008 | 12:12 PM ET

    By many measures, confidence in the dollar has never been lower, and some fear more Federal Reserve interest rate cuts will make matters worse by swelling inflation and undermining long-term U.S. economic health.

  • Is the Dollar Near the Bottom? Thursday, 6 Mar 2008 | 11:29 AM ET
    Euromuenzen liegen am Donnerstag, 20. September 2007, in Frankfurt am Main auf Dollarnoten, nachdem der Euro ein Allzeithoch von ueber 1,40 Dollar erreicht hatte. (AP Photo/Michael Probst) --- Euro coins are seen next to Dollar bills in Frankfurt, central Germany, Thursday, Sept. 20, 2007, after the Euro reached an all time high of more than 1,40 Dollar. (AP Photo/Michael Probst)

    The battered U.S. dollar may be near the bottom of its weakening cycle, but a recovery rally will take a while to materialize, because big uncertainties still hang over the U.S. economy, analysts told CNBC.com.

  • Stocks Losses Deepen as Foreclosures Soar Thursday, 6 Mar 2008 | 11:11 AM ET

    Wall Street was poised to open mostly lower on Thursday, despite positive retail sales numbers as the market continued to worry over the battered financial sector.