Archive for December, 2007

2008 outlook: Fasten your seatbelts

Wall Street’s top forecasters have some good news and bad news for 2008. Many think stocks will head higher but that unemployment will rise and the overall economy will slow.

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Cars: Best of the best for 2007

These are the models that rose to the top in nine different areas. One is tops in three of them.

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Real Estate: The best of 2007

It was a brutal year for housing - but not all markets are ailing. Plus: Which areas came up short.

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How they got housing wrong

Before you put much hope in forecasts for a 2008 rebound in the battered housing market, consider this: A year ago at this time many top economists were looking for that recovery to begin in 2007.

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Pakistan violence roils stocks

U.S. stocks fell at the start of trading Thursday after ex-Pakistani prime minister Benazir Bhutto was assassinated.

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Home prices post record drop

Home prices fell 6.7 percent in October, compared with a year ago, according to the S&P/Case-Shiller 10-city home-price index, a record drop as housing markets continued to deteriorate.

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11th-hour shoppers in final push

Did the procrastinators save Christmas?

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Wall Street off to merry start

U.S. stocks opened higher Monday in an abbreviated - and likely light - trading session on Christmas Eve.

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Banks to abandon ‘Super-SIV’ fund

Plans to establish the “Super SIV” fund that would bail out battered off-book entities of big financial institutions appear doomed, sources close to the matter told CNNMoney.com Friday.

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Goldman CEO’s $68 million payday

Goldman Sachs Chairman and CEO Lloyd Blankfein will take home nearly $68 million in restricted stock, options and cash, making it the largest bonus ever given to a Wall Street CEO.

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