The U.S. financial services industry is witnessing the bursting of yet another bubble. This time, it's the industry itself. ...more

December 20, 2008

The homeless beggar near the office was smoking a cigarette and had a pack in this shirt pocket as he offered his cup for a handout. ...more

November 24, 2008

The homeless beggar near the office was smoking a cigarette and had a pack in this shirt pocket as he offered his cup for a handout. ...more

November 23, 2008

Here's something that might provide a bit of solace amid the plunging values in your retirement accounts: Warren Buffett is losing lots of money, too. So are Tracinda's Kirk Kerkorian, investor Carl Icahn and CBS' Sumner Redstone. ...more

November 17, 2008

Congress' plan to allow people to refinance into more affordable mortgages won't just relieve thousands of homeowners - it's also expected to save the banks that issued the loans billions of dollars. ...more

July 29, 2008

The bill for America's excessive borrowing during the housing boom has arrived, and more people are having trouble paying it. ...more

January 17, 2008