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stock markets

Economy

BREAKING: Black Friday? International Leaders to Shut Down Global Markets?

by Joshua Dorkin | October 10, 2008

According to Bloomberg:
“Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world’s financial markets while they “rewrite the rules of international finance.”
“The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,” Berlusconi said today after a Cabinet meeting in Naples, Italy. [...]

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Mortgages & Lending

Home Prices Plunge. Steepest Decline Since WWII !

by Charles Feldman | December 28, 2007

The sky might not be falling, but home prices certainly are and in more parts of the nation than ever before.
From October of 2006, home prices fell a whopping 6.1 percent. Most troubling, the declines happened in 20 of the largest metropolitan areas, and in many of those, the declines were much steeper.
In Miami, Florida, [...]

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