By Hibah Yousuf October 19, 2011: 2:12 PM ET
NEW YORK (CNNMoney) -- Feeling blue about the hit your portfolio took last quarter? You're not alone. Hedge funds also had a lousy third quarter, delivering one of the worst performances on record.
Wednesday, October 19, 2011
CNNMoney: Hedge funds suffer worst quarter since 2008
Hedge funds suffer worst quarter since 2008
By Hibah Yousuf October 19, 2011: 2:12 PM ET
NEW YORK (CNNMoney) -- Feeling blue about the hit your portfolio took last quarter? You're not alone. Hedge funds also had a lousy third quarter, delivering one of the worst performances on record.
By Hibah Yousuf October 19, 2011: 2:12 PM ET
NEW YORK (CNNMoney) -- Feeling blue about the hit your portfolio took last quarter? You're not alone. Hedge funds also had a lousy third quarter, delivering one of the worst performances on record.
SG: Eco Analysis - US Housing Activity: Multifamily mayhem (B. Jones)
Eco Analysis - US Housing Activity: Multifamily mayhem (B. Jones)
■ Powered by a surge in multifamily activity, housing starts jumped to 17-month high
The number of new housing units started jumped by 15.0% to a seasonally adjusted annual rate of 658,000 in September, following upward-revised tallies of 615,000 in July and 572,000 in August. The reported figure exceeded the consensus expectation (590,000) by a country mile and represented the strongest activity since April 2010 (687,000). Reflecting solid demand for rental dwellings, multifamily starts soared by 51.3% to 233,000, accounting for all but a fraction of last month's rise. Single-family starts, climbed by a comparatively modest 1.7% to 425,000, essentially matching the July-August average.
USA Today: Student loans outstanding will exceed $1 trillion this year
Student loans outstanding will exceed $1 trillion this year
By Dennis Cauchon, USA TODAY
2011.10.19 12:15 AM
Students and workers seeking retraining are borrowing extraordinary amounts of money through federal loan programs, potentially putting a huge burden on the backs of young people looking for jobs and trying to start careers.
By Dennis Cauchon, USA TODAY
2011.10.19 12:15 AM
Students and workers seeking retraining are borrowing extraordinary amounts of money through federal loan programs, potentially putting a huge burden on the backs of young people looking for jobs and trying to start careers.
Tuesday, October 18, 2011
Reuters: French credit review threatens euro zone rescues
French credit review threatens euro zone rescues
By Paul Taylor and Nicholas Vinocur
PARIS | Tue Oct 18, 2011 4:38am EDT
(Reuters) - Moody's decision to review France's triple-A credit rating cast new doubt on Tuesday on Europe's hopes of drawing a line under its sovereign debt crisis, five days before a crucial EU summit.
By Paul Taylor and Nicholas Vinocur
PARIS | Tue Oct 18, 2011 4:38am EDT
(Reuters) - Moody's decision to review France's triple-A credit rating cast new doubt on Tuesday on Europe's hopes of drawing a line under its sovereign debt crisis, five days before a crucial EU summit.
Bloomberg: Home Short Sales Rise in ‘Dramatic Shift’ That May Boost Prices
Home Short Sales Rise in ‘Dramatic Shift’ That May Boost Prices
By Kathleen M. Howley - 2011.10.17 09:01 PM
U.S. home prices may get a boost from an unlikely source: a pickup in sales of properties in default before they reach the stage where they are repossessed by the bank and sold.
By Kathleen M. Howley - 2011.10.17 09:01 PM
U.S. home prices may get a boost from an unlikely source: a pickup in sales of properties in default before they reach the stage where they are repossessed by the bank and sold.
Monday, October 17, 2011
NYT: In an Earlier Time of Boom and Bust, Rentals Also Gained Favor
THE APPRAISAL
In an Earlier Time of Boom and Bust, Rentals Also Gained Favor
By DIANE CARDWELL
Published: October 17, 2011
During the boom years in Manhattan real estate, credit was easy, speculators developed building after building to meet rising demand for apartments, and values kept climbing, fed by a flurry of resales. But then Wall Street plummeted and the housing market followed suit, as values deflated and apartment sales came to a standstill.
In an Earlier Time of Boom and Bust, Rentals Also Gained Favor
By DIANE CARDWELL
Published: October 17, 2011
During the boom years in Manhattan real estate, credit was easy, speculators developed building after building to meet rising demand for apartments, and values kept climbing, fed by a flurry of resales. But then Wall Street plummeted and the housing market followed suit, as values deflated and apartment sales came to a standstill.
Algae eyed as biofuel, animal feed
http://www.gmanetwork.com/news/story/235619/scitech/algae-eyed-as-biofuel-animal-feed
Algae eyed as biofuel, animal feed
October 17, 2011 9:59am
The lowly algae may soon be a useful biofuel and a source of animal feeds but only if the agricultural and energy sectors focus their efforts on tapping it.
Algae eyed as biofuel, animal feed
October 17, 2011 9:59am
The lowly algae may soon be a useful biofuel and a source of animal feeds but only if the agricultural and energy sectors focus their efforts on tapping it.
Sunday, October 16, 2011
Bloomberg: Hedge Funds Add to Raw-Material Bets in Biggest Rally of 2011: Commodities
Hedge Funds Add to Raw-Material Bets in Biggest Rally of 2011: Commodities
By Whitney McFerron - 2011.10.16 06:19 PM
Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally of the year.
By Whitney McFerron - 2011.10.16 06:19 PM
Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally of the year.
Saturday, October 15, 2011
USA Today: Low mortgage rates are nice if you can get 'em
USA Today: Low mortgage rates are nice if you can get 'em
By Diana Olick, CNBC.com
2011.10.15 08:07 AM
For weeks now we've been touting new record-low rates on 15- and 30-year fixed mortgages.
By Diana Olick, CNBC.com
2011.10.15 08:07 AM
For weeks now we've been touting new record-low rates on 15- and 30-year fixed mortgages.
CNNMoney: Pimco's Bill Gross is betting with the Fed
Pimco's Bill Gross is betting with the Fed
By Hibah Yousuf October 15, 2011: 10:08 AM ET
NEW YORK (CNNMoney) -- Pimco's Bill Gross has already admitted that his bearish call on U.S. Treasuries earlier this year was a bad bet. Now it seems that the bond guru is taking his lead from the Federal Reserve.
By Hibah Yousuf October 15, 2011: 10:08 AM ET
NEW YORK (CNNMoney) -- Pimco's Bill Gross has already admitted that his bearish call on U.S. Treasuries earlier this year was a bad bet. Now it seems that the bond guru is taking his lead from the Federal Reserve.
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