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Dow sinks 226 on mortgage market worries (AP)

Specialists work at their posts on th floor of the New York Stock Exchange, Tuesday morning, July 24, 2007. Wall Street pulled back sharply in early trading Tuesday following several disappointing earnings reports and amid renewed concerns about the mortgage lending market. The Dow Jones industrials lost more than 100 points. (AP Photo/Richard Drew)AP - Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and rising concerns about the mortgage market. The Dow Jones industrials fell more than 200 points.


S&P keeps “on hold” rating on struggling Basis Capital hedge funds (AFP)

A house for sale in Virginia. Rating agency Standard & Poor's maintained its 'on hold' rating Tuesday for two hedge funds operated by Australia's Basis Capital that are exposed to the troubled US sub-prime mortgage market(AFP/File/Paul J.Richards)AFP - Rating agency Standard & Poor's maintained its 'on hold' rating Tuesday for two hedge funds operated by Australia's Basis Capital that are exposed to the troubled US sub-prime mortgage market.


Earnings misses, subprime woes punish Wall Street (Reuters)

A United Rentals location in an undated image courtesy of the company. Equipment rental company United Rentals said on Monday it had accepted a $4 billion takeover bid from private equity fund Cerberus Capital Management LP. (Handout/Reuters)Reuters - U.S. stocks tumbled on Friday, battered by disappointing results from such bellwethers as Caterpillar and Google, and more signals that fallout from the risky subprime mortgage market may spread.


Capturing a fare deal
Do you ever feel as though making airline reservations takes longer than the flight itself?

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