Bondhead News Archive

April 16 – April 30

Bondheads Home

Tip: Looking for a particular story or writer???

Hit “control + F” to search














China bull sees second-quarter boom Marketwatch / Peter Brimelow

Education and Economic Prosperity Federal Reserve Bank of Philadelphia / Charles I. Plosser

Economy still hurting in many ways AP via San Antonio Express Courier / Martin Crutsinger

Statement of Arthur J. Murton FDIC

CA: Foreclosures force homeowners associations to skimp Palm Beach Post / Jeff Ostrowski

China growth, inflation slow but remain hot Marketwatch / Lisa Twaronite

Why Wall St. Needed Credit Default Swaps  Thomas Tan via Safehaven / Thomas Tran

It is 1937 for the Federal Reserve Collection Agency via Safehaven / Mick P

Banks See A Bright Side In Dour Numbers Forbes / Liz Moyer

Big rally on Wall Street CNN / Alexandra Twin

Fed Beige Book Says Economy `Weakened' Since February Bloomberg / Craig Torres

Beige Book Federal Reserve Board

Small business lending Federal Reserve Board / Frederic S. Mishkin

Chicago Fed Letter Federal Reserve Bank of Chicago

Fed Risks Higher Prices With Low Rates, Yellen Says Bloomberg / Steve Matthews and Vivien Lou Chen

Decoupling Pimco / Curtis Mewbourne

Wednesday’s Analysis / Marty Chenard

U.S. Stocks Gain on Earnings; Intel, JPMorgan, Wells Fargo Rise Bloomberg / Elizabeth Stanton

EBay Profit Gains 22% on Higher Seller Fees, PayPal Bloomberg / Oliver Staley

Brazil: What lies beneath The Economist

Putting in the hours The Economist

The Economy: Where Are We and What Will Happen Next? Federal Reserve Bank of San Francisco / Janet L. Yellen

Economy at a near standstill: Yellen Reuters

Yellen says Fed must be ready to act quickly Marketwatch

Inflation is everybody's problem CNN / Paul R. La Monica

Surprises don't surprise in this season of earnings St. Louis Post Dispatch / David Nicklaus

NV: Foreclosure hits the big guys, too Las Vegas Sun / Brendan Buhler

Forget the Headlines, Listen To the Bond Market! Clif Droke Market analysis via Safehaven / Clif Droke

Treasuries Fall as Stocks Advance, Crude Oil Sets Record High Bloomberg / Deborah Finestone and Daniel Kruger

TREASURIES-Bond prices pare losses after CPI, housing starts Reuters

Bond Investors Turn Bearish After Bear Rescue, Commodities Soar Bloomberg / Daniel Kruger

U.S. Housing Starts Slide to Lowest Level in 17 Years Bloomberg / Bob Willis

Consumer prices edge higher CNN

Stocks Set For Sharply Higher Open Investors Business Daily / Vincent Mao

REFIs, FHA Lead Increase In Latest MBA Weekly Survey Mortgage Bankers Association

Mortgage application volume up 2.5% AP via CNN

JPMorgan Chase profit drops 50% on loan provisions AP via USA Today / Madlen Read

UBS cuts dividend for 2007 due to subprime losses AP via Houston Chronicle

Wells Fargo profit falls 11 percent Reuters

Financial literacy Federal Reserve Board / Sandra F. Braunstein

US RATE FUTURES-Trim losses on CPI, housing reports Reuters

Executive-pay disclosure rules are a failure Baltimore Sun / Jay Hancock

Oil hits record above $114 as investors flee dollar AP via Houston Chronicle

Dollar Falls to Record Against Euro as EU Inflation Quickens Bloomberg / Ye Xie and Lukanyo Mnyanda

Fresh jump in eurozone inflation BBC News

States Tackle Foreclosures In Absence of Federal Help Washington Post / Dina ElBoghdady and Renae Merle

Hedge Funds Need More Oversight, Transparency, Treasury Panels Say Washington Post / David Cho

Massive oil find off Brazil sends BG shares up 5% Independent / David Prosser

Newspaper Publishers Chasing the Wrong Story Washington Post / Steven Pearlstein

Treasuries Little Changed Before U.S. Consumer Price Report Bloomberg / Wes Goodman

CA: Foreclosure glut further depresses housing prices LA Times / Peter Y. Hong

Foreclosures Push States to Try a Mix of Solutions NY Times / John Leland

Crude Oil Trades Above $113 as Investors Turn to Commodities Bloomberg / Christian Schmollinger

Nomura, Daiwa Say Dollar to Rise as Rate Cuts End, Europe Slows Bloomberg / Kosuke Goto and Junko Kikkawa

UK: Thousands to have usual credit lines cut off London Times / Christine Seib

UK: Bank of England urged to take new measures to ease crisis Telegraph / Philip Aldrick


It looks too early to be buying financial stocks The Economist

Credit, Markets, and the Real Economy: Is the Financial System Working? A Reverse Minsky Journey Pimco / Paul McCulley

Selling Our Services to the World (With an Ode to Chicago) Federal Reserve Bank of Dallas / Richard W. Fisher

Advisors Are Moving Back Into U.S. Funds / Rob Wherry

States look into niche of bond business USA Today / Matt Krantz

Most Americans Say Now Is Bad Time to Spend Gallup / Dennis Jacobe

Ford Begs You to `Drive One' and Prays for Sales Bloomberg / Doron Levin

Fed's Lacker says inflation is a problem Reuters / Alister Bull

Federal Reserve Events Reuters

Treasuries Fall as Traders Bet Fed to Cut Rates Just Once More Bloomberg / Deborah Finestone and Daniel Kruger

Auction-rate probes underway in 9 US states –group Reuters / Karen Pierog

Canada dealers see 50-pt rate cut next week Bank of Canada / Frank Pingue

Stocks stage comeback CNN / Alexandra Twin

Google defies the skeptics CNN

Profits at PNC Financial fall 18 percent Pittsburgh Tribune Review / Thomas Olson

Lenders slam the door on home-equity lines of credit Orlando Sentinel / Christopher Boyd

CA: Rents in county rose in 1st quarter San Diego Union Tribune / Emmet Pierce

Diverging Policy Paths Morgan Stanley / Joachim Fels and Manoj Pradhan

China: Imported Soft Landing in Sight Morgan Stanley / Denise Yam, Qing Wang and Katherine Tai

Hand to mouth The Economist

The Mood at Moodys: Contrite on Default Forecast / Stephen Taub

The Changing Business of Banking: Implications for Financial Stability and Lessons from Recent Market Turmoil Federal Reserve Board / Donald L. Kohn

Credit cards FDIC and Federal Reserve Board / Sandra F. Braunstein

Business Outlook Survey Federal Reserve Bank of Philadelphia

The Fed's inflation gauge isn't realistic, critics say San Diego Union Tribune / Dean Calbreath

Banks' caution an economic threat: Kohn Reuters

Philadelphia Fed Index Declines More Than Forecast Bloomberg / Bob Willis

Fed's Kohn Urges Banks to Operate With Less Leverage Bloomberg / Scott Lanman and Steve Matthews

Leading economic indicators rise after 5 months of declines AP via Palm Beach Post

Slower spending mutes inflation Chicago Tribune / James P. Miller

U.S. Stocks Fall on Earnings, Manufacturing Slump; Pfizer Drops Bloomberg / Elizabeth Stanton

New York Times' earnings picture looks worrisome Marketwatch

Yahoo, Google close to outsourcing deal Marketwatch / Benjamin Pimentel

Google's paid-click numbers mystify Chicago Tribune / Eric Benderoff

Clinton, Obama Spar Over Vulnerability to McCain in November Bloomberg / Heidi Przybyla and Kristin Jensen

Thursday’s Analysis / Marty Chenard

Merrill Lynch posts big loss Reuters / Dan Wilchins

New jobless claims surge AP via CNN

U.S. Initial Jobless Claims Rise 17,000 to 372,000 Bloomberg / Shobhana Chandra

Oil hits another record high as dollar tumbles to record low AP via Houston chronicle / Pablo Gorondi

What will be the shape of the recession to follow? Taipei Times / Nouriel Roubini

Treasuries Rise; 10-Year Yields Near 7-Week High Lure Investors Bloomberg / Wes Goodman

Korea's Bonds Will Gain on Rate Cuts, Say Samsung, Citigroup Bloomberg / Kim Kyoungwha

Dollar Trades Near Record Low Versus Euro Before Factory Report Bloomberg / Kosuke Goto and Stanley White

U.S. Airways could be next in line for merger Pittsburgh Post Gazette / Dan Fitzpatrick

Google Faces Slowing Consumer Ad Market After Finance Meltdown Bloomberg / Ari Levy

Asian Stocks Rise for Third Day; Banks, LG Electronics Gain Bloomberg / Chua Kong Ho

Oil Rises to Record in New York on Unexpected Drop in Supplies Bloomberg / Mark Shenk and Margot Habiby


The Financial Markets, Housing, and the Economy Federal Reserve Bank of San Francisco / Janet L. Yellen

Fed should wield "baseball bat" over banks: PIMCO Reuters / Alister Bull

Wall St. braces for thousands of pink slips Reuters

Dollar's Drop Lifts Profits at Coca-Cola, Google Bloomberg / Connie Guglielmo and Haris Anwar

Libor spike, Fed rethink push short rates higher Marketwatch / Laura Mandaro

Anything less than meeting expectations could spur Microsoft takeover Marketwatch / John Letzing

How It Went Wrong--And How to Make It Right Forbes / Steve Forbes

Oil Rises to Record on Signs Stronger Economy May Boost Demand Bloomberg / Margot Habiby

Gas prices push closer to $3.50 a gallon, oil hits $117 AP via Chicago Tribune / John Wilen

Treasury prices fall as stocks surge on corporate reports AP via Houston Chronicle / Tim Paradis

Auction-Rate Securities: From Bad To Worse Forbes / Vidya Ram

Sweet Relief Forbes / Carl Gutierrez

AT&T to cut about 4,600 jobs, sees $374 million 1Q charge AP via Houston Chronicle

Google shares soar 20 percent to record 1-day gain AP via Mercury News

FL: Unemployment on the rise in South Florida, across state South Florida Sun Sentinel / Marcia Heroux

Teens turn to thrift as jobs vanish and prices rise AP via Miami Herald / Anne D’Innocenzio

Wanted: Summer jobs AP via Washington Times / Eileen alt Powell

Get ready for a dollar rebound CNN / Paul R. La Monica

Rate cuts are no cure-all, Plosser warns Reuters / Mark Felsenthal

The Street Weaning Itself from The Fed / Stephen Taub

Indexes Hold High Ground On Heavy Volume Investors Business Daily / Alan R. Elliott

Friday’s Analysis / Marty Chenard

South Florida banks' problem loans rise Miami Herald / Jane Bussey

British banks start to pass round the begging bowl The Economist

Rolling the Dice on Oil Prices NY Sun / Dan Dorfman

Gold futures fall over 3% as dollar rallies Marketwatch / Polya Lesova

Liquidity and Systemic Risk Federal Reserve Bank of Boston / Eric S. Rosengren

Monetary Policy and Financial Stability Federal Reserve Bank of Philadelphia / Charles I. Plosser

Fed's Fisher opposes rate cuts despite anemic economy Reuters / Ros Krasny

Someday Maybe We'll All Need `Family Office' Bankers Bloomberg / Joe Mysak

Auction-Bond Probes Widen as Cuomo Subpoenas 18 Firms Bloomberg / Michael McDonald

Stock Markets Are Rallying, It's Time to Sell Bloomberg / Michael R. Sesit

AT&T Cuts 4,650 Jobs, to Record Costs of $374 Million Bloomberg / Crayton Harrison

McCain Plans for $3.3 Trillion Tax Cut, Balanced Budget at Odds Bloomberg / Ryan J. Donmoyer and Matthew Benjamin

Investors Talk up oil, commodities NY Post / Paul Tharp

Oil prices drop as dollar rises against euro AP via Houston Chronicle / Pablo Gorondi

Gold futures fall over 2% as dollar rallies Marketwatch / Polya Lesova

Dollar Rises Versus Euro on Bets Firms to Weather Credit Losses Bloomberg / Ye Xie and Lukanyo Mnyanda

CA: Another record low for Bay Area home sales San Francisco Chronicle / Carolyn Said

Citigroup posts $5.1-billion loss AP via Globe and Mail / Madlen Read

U.K. Budget Deficit Widens to Record on Spending Bloomberg / Brian Swint

BOE Walks `Tightrope' on Interest Rates, Bean Says Bloomberg / Brian Swint

BOJ Says Economy Worsened in Eight of Nine Regions Bloomberg / Mayumi Otsuma

Public's View of Economy Takes Fast Turn Downward Washington Post / Jennifer Agiesta and Jon Cohen

Workers Get Fewer Hours, Deepening the Downturn NY Times / Peter S. Goodman

Treasuries Rise, Snap Four-Day Loss, Before Citigroup Earnings Bloomberg / Wes Goodman

Top stock-timing newsletters are bullish; the worst are not Marketwatch / Mark Hulbert

Advanced Micro posts 6th straight loss AP via La Times

PC shipments post gains despite slowdown in US AP via Taipei Times

Merrill Posts Wide Loss, Plans to Cut 3,000 Jobs Washington Post / Tomoeh Murakami Tse and Thomas Heath

JPMorgan Joins Rivals in Raising Extra Cash NY Times / Eric Dash

U.S. rice futures leap to record; corn near high Reuters via Guardian / Michael Byrnes

Oil prices stay near $115 a barrel after hitting record AP via Washington Post

Treasury bond scheme depresses gilts prices London Times / Christine Seib

The rising impact of high oil prices Christian Science Monitor / Ron Scherer

Asian Stocks Drop for First Time in Four Days; Rio Tinto Falls Bloomberg / Chua Kong Ho



Anger about economy mirrors the Depression Salt Lake Tribune / Anita Bruzzese

Don't write off the mega-banks just yet Globe and Mail / Derek DeCloet

These bins laden with ads Denver Post / Al Lewis

Clinton, Obama Begin Final Push Through Pennsylvania Bloomberg / Lorraine Woellert and Hans Nichols

Microsoft expected to post strong growth Marketwatch / John Letzing

How does Google measure up? AP via Mercury News / Michael Liedtke

Text of President Bush's weekly radio address Marketwatch

Had your fill of high gas prices? Don't expect relief San Diego Union Tribune / Penni Crabtree

Reality of oil's record highs pushes consumers to change behavior Chicago Tribune / Joshua Boak

MI: Gas prices, poor economy limit vacations Detroit News / Jennifer Youssef

Fed Officials May Be Nearing Rate Pause as Inflation Quickens Bloomberg / Scott Lanman

Treasuries Decline, Pushing Two-Year Yields Up Most Since 2001 Bloomberg / Daniel Kruger

Except at Gas Pump, Not Much Spending Going On NY Times / Floyd Norris

Bad quarter? Time to swing the job ax CNN / David Goldman

Appetite for risk rises as investors' worst fears recede LA Times / Tom Petruno

Dollar's plunge becoming lynchpin in 1Q earnings AP via Houston Chronicle / Joe Bel Bruno

Stocks face more earnings with newfound optimism Marketwatch / Nick Godt

Office Depot Dissident Ends Proxy Fight NY Post / Zachery Kouwe

U.S. Stocks Post Biggest Gain Since February on Earnings, Oil Bloomberg / Lynn Thomasson

Caterpillar’s Profit Climbs on Strength of Foreign Sales AP via NY Times

Bank of America May Miss 20% Profit-Gain Forecast, Analysts Say Bloomberg / David Mildenberg

Sizzling commodities market puts the heat on farmers AP via Houston Chronicle / Becky Bohrer

Economies Can Cope With Higher Oil Price, Libya Says Bloomberg / Ayesha Daya and Anthony DiPaola

CA: California unemployment rate hits 6.2% in March AP via LA Times / Marc Lifsher

Buiter Says U.K. Banks Need $200 Billion Aid From BOE Bloomberg / Jennifer Ryan

What's a Seven-Figure House? Not What Many Expect Washington Post / Dina ElBoghdady and Mary Ellen Slayter


Oil prices spike to record above $117 a barrel LA Times

For Yahoo, clock ticks down to Microsoft deadline Reuters / Eric Auchard

'Quality of Earnings' legend shares tips on market, strategy Marketwatch / Herb Greenberg

UK: Boldly going into uncharted territory London Times / David Smith

Derivatives - The Real Dangers! Gold Forecaster via Safehaven / Julian D. W. Phillips

Migrants send less money back to Mexico LA Times via Chicago Tribune / Ken Ellingwood

Banks' dividends taking big hits Charlotte Observer / Christina Rexrode

Bank of America May Miss 20% Profit-Gain Forecast, Analysts Say Bloomberg / David Mildenberg

RBS Writedowns May Reach 7 Billion Pounds, Times Says Bloomberg / Sarah Thompson and Ambereen Choudhury

Bank of England to unveil mortgage bailout Marketwatch / William L. Watts

Global Growth Creates Market Winners Wall Street Journal / Gregory Zuckerman

Rely on volatility index, use high fear to judge market involvement Pittsburgh Tribune Review / Gregory M. Drahuschak

Stop-Loss Temptations -- and Regrets Wall Street Journal / Jonathan Burton

Consolidations, bankruptcies have airline industry on edge Pittsburgh Post Gazette / Dan Fitzpatrick

Buy Series I Savings Bonds Before May Day Wall Street Journal / Emily Green

Sad sentiment seen on the economy Marketwatch / Robert Schroeder

U.S. Home Sales May Have Fallen: U.S. Economy Preview Bloomberg / Courtney Schlisserman

Condo loans could be tougher to get Boston Herald / Kenneth R. Harney

Oil conference opens as prices hit high AP via San Francisco Chronicle

OPEC Doesn't Need to Raise Oil Output, Ministers Say Bloomberg / Anthony DiPaola and Fiona MacDonald

Delinquent Auto Loans Are on the Rise as More Borrowers Drown in Debt Washington Post / Ylan Q. Mui

If You Walk Away, Expect to Pay Washington Post / Elizabeth Razzi

Some Mutual Fund Numbers Look Great, but for Whom? NY Times / Harry Hurt III

It's Better To File Late Than to File Later Washington Post / Michelle Singletary

How Scientific Gains Abroad Pay Off in the U.S. NY Times / G. Pascal Zachery

What The Fed's Job Isn't Washington Post / George F. Will


Developing Sustainable Capital for Community Investments Federal Reserve Board

Dollar steadies vs euro after fall on Bank of America Reuters / Rika Otsuka

Bank Of America CEO Cool To Any Suggestion Of A Dividend Cut Dow Jones via CNN

Corporate Debt Risk Falls on CIT Group's Plan to Raise Capital Bloomberg / Shannon D. Harrington and Abigail Moses

Oil near record-high on supply woes, China demand Reuters via Washington Post / Felicia Loo

The Great Shopping Spree, R.I.P. Newsweek via MSNBC / Robert J. Samuelson

Vacancies Soar In Commercial Real Estate Bust Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

A Switch on the Tracks: Railroads Roar Ahead Washington Post / Frank Ahrens

Netflix profit jumps, but stock drops on outlook Marketwatch / David B. Wilkerson

Stocks mixed after Bank of America profit falls short AP via Forbes / Tim Paradis

CBOE profit surges 74% in higher volume Chicago Tribune / Josh Boak

Global interest rates in 2008 Reuters

Q&A on the Reserve Currency Status of the USD Morgan Stanley / Stephen Jen and Charles St-Arnaud

A Sibling Rivalry: Central Banks versus SWFs Morgan Stanley / Stephen Jen

Iceland's melting assets Washington Times / Dara Doyle

The Next Shock? A Missed Rate Cut NY Sun / Dan Dorfman

Chicago Fed National Activity Index Federal Reserve Bank of Chicago

Auction-rate Probes Go National / Stephen Taub

Carlyle, Deutsche Bank Seek to Raise $500 Million CLO Bloomberg / Pierre Paulden

The trillion-dollar mortgage time bomb CNN / Chris Isidore

NY: Empty stores across LI keep brokers busy Newsday / Daniel Wagner

Growth of dark pools may obscure market prices Globe and Mail / Emily Chasan

Microsoft, Google chiefs back in the ring Marketwatch / Benjamin Pimentel

Investors Brace For Busy Week On Wall Street NY Sun / Julie Satow

Can anyone run Citigroup? Fortune via CNN / Carol J. Loomis

Gold futures reverse early gains to trade lower Marketwatch / Polya Lesova

Dollar falls on BoA earnings AP via CNN

Debt may be a factor in suspicious house, car fires LA Times / Ken Bensinger

Bernanke Grapples With Greenspan as Volcker Scorns Fed Bailouts Bloomberg / Steve Matthews

Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility Federal Reserve Board

U.S. Stocks Drop on Earnings Concern; Bank of America Retreats Bloomberg / Michael Patterson

Monday’s Analysis / Marty Chenard

Times May Be Fit For Bloomberg Merger NY Post / Keith J. Kelly and Holly M. Sanders

Treasurys fall amid dearth of data Marketwatch / Nick Godt

Bank of America's profit drops 77 percent in first quarter Chicago Tribune / Ieva M. Augstums

Presidential Candidates Make Foolish Tax Pledges Bloomberg / John M. Berry

Independent contractor status scrutinized LA Times / Cyndia Zwahlen

Clinton Leads Obama by Seven Points in Pennsylvania, Poll Finds Bloomberg / Nadine Elsibai

Down the line The Economist

World 'could see 70s-style slump' BBC News

Gold rebounds after sell-off, investors buy Reuters via Guardian / Risa Maeda

U.S. Companies More Pessimistic About Outlook, Survey Says Bloomberg / Shobhana Chandra

Business economists gloom on economy rising Reuters via Washington Post

U.S. Vehicle Market's Slump May Deepen, Ghosn Says Bloomberg / Stephen Engle and Naoko Fujimura

A Web Shift in the Way Advertisers Seek Clicks NY Times / Stephanie Clifford

2 Banks Said to Be Trying to Raise More Capital NY Times / Eric Dash and Michael J. de la Merced

Auction-Rate Market Shrinks by 18% as SEC, States Investigate Bloomberg / Jeremy R. Cooke

Five-Year Claims Yield Sweet Spot With Inflation Up, Rates Down Bloomberg / Sandra Hernandez

Treasuries Fall on Bank of England Plan to Lower Credit Costs Bloomberg / Wes Goodman

Bank of England to unveil mortgage bailout Marketwatch / William L. Watts

Bank of England Will Unveil Bond Swap to Ease Mortgage Market Bloomberg / John Fraher and Gonzalo Vina

Japan's 10-Year Bonds Fall for Third Day as Local Stocks Gain Bloomberg / Theresa Barraclough and Yumi Teso

Dollar rises vs yen as bank loss worries wane Reuters via Guardian / Rika Otsuka

Dollar Drop Slows With G-7 Blessing; Shows No Endgame Bloomberg / Anchalee Worrachate

Hormones Tied to Traders' Deal-Making, Study Finds Washington Post / Rob Stein

Market-timers' caution a bullish sign to contrarians Marketwatch / Mark Hulbert

Asian Stocks Advance to Seven-Week High on Outlook for Earnings Bloomberg / Patrick Rial and Chen Shiyin

Japan Service Demand Drops on Weak Consumer Spending Bloomberg / Toru Fujioka

More mutual funds play both sides of the market Christian Science Monitor / Margaret Price

Can the earth provide enough food for 9 billion people? Christian Science Monitor / David R. Francis



Veteran gold bug Ruff says financial world could collapse Marketwatch / Peter Brimelow

Oil's tipping point: Where is it? Houston Chronicle / Kristen Hays

Review and Preview Morgan Stanley / Ted Wieseman

Longer-dated bonds rise as stocks slip on oil Reuters / Chris Reese

JPMorgan to Buy Student Loan Auction-Rate Notes Bloomberg / Elizabeth Hester and Jeremy R. Cooke

Upside Risks to Inflation Morgan Stanley / Richard Berner

Fed official says banks need to conduct stress tests Reuters

McCain is the loser in Pennsylvania Marketwatch / Rex Nutting

Profiles of U.S. presidential hopefuls Reuters

Clinton stays alive with Pennsylvania win Reuters / John Whitesides

Poll: Food costs a major worry for consumers USA Today / Sue Kirchhoff

Corn, rice surge as global food tensions mount Reuters / Ayesha Rascoe and Nicole Maestri

Raymond James profit tops forecasts, shares jump Reuters

Credit Downgrades Reach 6-Year High, Will Accelerate, S&P Says Bloomberg / Gabrielle Coppola

Record-high crude nears $120 on supply concerns Marketwatch / Polya Lesova and Moming Zhou

Yahoo's profits rise; analysts say it's not enough Bloomberg via Houston Chronicle / Ari Levy

Yahoo results better, not seen moving Microsoft Reuters / Eric Auchard

Stocks decline as oil rises, Street examines earnings AP via Chicago Tribune Joe Bel Bruno

Report: Free Markets' Popularity Is Sagging NY Sun / Julie Satow

Federal Reserve announces results of $50 billion in 28-day credit through its Term Auction Facility Federal Reserve Board

Fed auctions another $50 billion to banks AP via Washington Post / Jeannine Aversa

SIFMA Supports Increasing Information Available for Auction Rate Securities SIFMA

86% Say Economy Getting Worse Gallup Daily

Severity of U.S. recession hangs by a purse string Globe and Mail / Barrie McKenna

Record-high crude nears $120 on supply concerns Marketwatch / Polya Lesova and Moming Zhou

Gold futures advance on weaker dollar, rising oil Marketwatch / Polya Lesova

Gas-Ooh-Line NY Post / Paul Tharp

FL: Unpaid fees trouble condos Miami Herald / Scott Andron

U.S. housing slump may exceed Depression: Shiller AP via Globe and Mail / John Christofferson

Most Troubled Mortgage Borrowers Without Plan, Report Finds Washington Post / Dina ElBoghdady

Source: Murdoch closing in on deal for Newsday for $580M AP via Allentown Morning Call / Dave Carpenter and Seth Sutel

Doing deals The Economist

Unpaid fees trouble condos NY Post / Paul Tharp

Euro scales $1.60 for first time BBC News

Bank of Canada slashes rates Globe and Mail / Heather Scoffield

Bobbleheads Get Cynical in Lawsuits Over Muni Swaps Bloomberg / Joe Mysak

Citi's $6B "Hybrid" Comes Full-strength / Stephen Taub

Fed has loaned $360 billion to banks since December AP via Houston Chronicle

U.S. existing home sales fell 2.0 pct in March Reuters

U.S. home prices up 0.6 pct in February Reuters

Illinois home sales drop nearly 30% in March Chicago Tribune

Many problems with mortgage bailouts CNN / Chris Isidore

UPS, FedEx Decline Points to Continuing Recession Bloomberg / Mary Jane Credeur

Tuesday’s Analysis / Marty Chenard

U.S. Stocks Retreat; Texas Instruments, UnitedHealth Decline Bloomberg / Michael Patterson

Why Yahoo can’t afford to disappoint Fortune via CNN / Yi-Wyn Yen

Yahoo results won't affect value for Microsoft: Ballmer Reuters

What's Analyst Worth? Not a Penny as Estimates Miss Bloomberg / Peter Robison

Here's a Financial Literacy Quiz for Congress Bloomberg / Caroline Baum

Gas prices rise further above $3.50, while oil passes $118 AP via Houston chronicle / John Wilen

Gold Rises as Dollar Decline May Revive Demand; Silver Advances Bloomberg / Claudia Carpenter

Credit Suisse Cutting 500 Jobs as Client Demand Wanes Bloomberg / Christine Harper

Canada Cuts Rate by 50 Basis Points as Economy Slows Bloomberg / Greg Quinn and Theophilos Argitis

Euro Rises to Record High Against Dollar on ECB Rate Outlook Bloomberg / Bo Nielsen and Lukanyo Mnyanda

Treasuries Rise as Asian Stocks Fall Before Home-Sales Report Bloomberg / Wes Goodman

Royal Bank of Canada Sells Its First Samurai Notes Bloomberg / Oliver Biggadike and Takashi Ueno

Crude Oil Trades Near Record as Nigerian Attacks Cut Supply Bloomberg / Christian Schmollinger

Gas Reaches $3.50, With Little Hope for Relief NY Times / Jad Mouawad

Corporate insiders on balance are betting on a rising market Marketwatch / Mark Hulbert

Bulls trying to turn the technical corner Marketwatch / Todd Harrison

China Stocks Fall; Shanghai Composite Index Drops 50% From Peak Bloomberg / Zhang Shidong

Asian Stocks Fall From Seven-Week High; Banks, Advantest Drop Bloomberg /Chen Shiyin

UK: RBS 'will be first of many banks to make cash call' London Times / Patrick Hosking, Christine Seib and Siobhan Kennedy


A tough call on international bonds Marketwatch / Barbara Kollmeyer

Passing the Hat: Big Bank Style / Stephen Taub

Delta, Northwest report combined $10.5B loss on fuel costs AP via San Francisco Chronicle / Harry R. Weber

Wealth mismanagement The Economist

Riots May Kill Inflation Texas Hedge Fund Report via Safehaven / T. Stein / S. McIntyre

A Rating-Agency Cure, or Mere Window Dressing? / Sarah Johnson

Federal Reserve Events Reuters

CA: Bond market stumble hits county hard San Diego Union Tribune / Craig Gustafson

Wednesday’s Analysis / Marty Chenard

Delta lost $6.4 billion in first quarter, blames fuel costs AP via Houston Chronicle

Newspaper publisher McClatchy posts 1Q loss, revenue sinks AP via San Francisco Chronicle / Seth Sutel

Countrywide ripped at hearing Chicago Tribune / Becky Yerak

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

FL: As home prices dip, sales start to tick up Palm Beach Post / Jeff Ostrowski

Sacramento-area home foreclosures keep rising -- and more pain is on the way Sacramento Bee / Jim Wasserman

Clinton moves on after Pennsylvania win Reuters / John Whitesides

Bondholders Lucky to Get 10 Cents on Dollar in Looming Defaults Bloomberg / Caroline Salas

U.S. Two-Year Notes Fall for Eighth Day Before Record Auction Bloomberg / Kim-Mai Cutler and Wes Goodman

EBay sues Craigslist ad website BBC News

US stocks head for moderately lower open AP via Forbes / Tim Paradis

Detroit in the ditch CNN / Chris Isidore

Boeing Quarterly Profit Rises 38% as Deliveries Gain Bloomberg / Susanna Ray

NC: Defaults bring a boom for fix-up contractors Raleigh News and Observer / Dudley Price

California home foreclosures hit a record AP via LA Times / Denis Poroy

Mortgage applications plunge as rates soar: MBA Reuters

Oil falls from Tuesday record near $120 AP via LA Times / Pablo Gorondi

The Lonesome Bubble Forbes / Martin T. Sosnoff

Weak Dollar Weighs on Europe NY Times / Stephen Castle and James Kanter

European Services Growth Unexpectedly Accelerated Bloomberg / Ben Sills

Era of cheap food ends as prices surge London Times ./ Steve Hawkes, Greg Hurst and Valerie Elliott

Treasuries Are Little Changed Before Record Two-Year Note Sale Bloomberg / Wes Goodman

Euro Trades Within Cent of Record Versus Dollar on ECB Outlook Bloomberg / Bo Nielsen and Ye Xie


Corporations Bond with Retail Investors / Vincent Ryan

Oil prices, gasoline costs to double: CIBC report Globe and Mail / Shawn McCarthy

Gasoline could hit $7 a gallon in four years: CIBC Marketwatch / Moming Zhou

Food Prices a Hardship for 64% of Low-Income Americans Gallup / Dennis Jacobe

The Xbox Trap Forbes / Brian Caulfield

In housing market, it's the worst of times and best of times USA Today / Stephanie Armour

Big borrowing shows Fed is still dealers' last resort Reuters / John Parry

Fed Discount Window Lending Rises to $10.7 Billion Bloomberg / Craig Torres

Odds of further rate cuts decline, July fed funds futures hit 2-month low Thomson Financial via Forbes

Fed auctions $59 billion in Treasury securities AP via Houston Chronicle

Subprime Loss Projections Raised by S&P for 2007 Debt Bloomberg / Mark Pittman

China Ties US for Most Web Users AP via Time / Joe McDonald

Microsoft quarter view disappoints, bullish on '09 Reuters / Daisuke Wakabayashi

No U.S. housing improvement for 12 months-Cemex Reuters / Robin Emmott

Big advance on Wall Street CNN / Alexandra Twin

U.S. Stocks Gain as Financials Rally; Merrill, Retailers Rise Bloomberg / Michael Patterson

Treasurys fall after surprising drop in jobless claims AP via Houston Chronicle / Madlen Read

Swap shop The Economist

Ambac May Raise More Capital After Reporting Loss Bloomberg / Christine Richard

Treasuries Slump as Demand Weakens at $19 Billion 5-Year Sale Bloomberg / Daniel Kruger

Fed Auction Futility Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

Wall Street may lose 36,000 jobs Reuters / Joan Gralla

Joseph and the amazing technicalities The Economist

Homebuilders: No recovery until 2009 CNN / David Goldman

Brazil Oil Finds May End Reliance on Middle East, Zeihan Says Bloomberg / Joe Carroll

U.S. Stocks Gain As Economy Brightens Forbes / Steve Schaefer

Stock rally recharges CNN / Alexandra Twin

Safeway 1Q profits up 11 percent, beating expectations AP via Fresno Bee / Amanda Fehd

Euro Drops Most Versus Dollar Since 2004 on German Sentiment Bloomberg / Bo Nielsen and Lukanyo Mnyanda

Shipping out The Economist

NY: Internet retailers will need to collect New York sales tax Newsday / Melissa Mansfield and James T Madore

SC: Housing crunch costing county The State / Dawn Hinshaw

Sovereign wealth funds Federal Reserve Board / Scott G. Alvarez

Federal Reserve Events Reuters

Fed’s Rate Cuts Are Not Helping Economy NY Post / John Crudele

The Fed worries about its credibility, the dollar Baltimore Sun / Jay Hancock

Fed may pause after cutting rates next week: report Reuters

Bonds pare losses after slump in new homes data Reuters

Costly gas, housing woes stunt sale of new autos San Diego Union Tribune / Dean Calbreath

New home sales fall steeply Reuters

NC: An idea to help residents 'hang on' Charlotte Observer / Julia Oliver

Weekly U.S. Mortgage rate survey Reuters

Stock market rallies in China La Times / Don Lee

Thursday’s Analysis / Marty Chenard

Apple profit jumps 36% in second quarter LA Times / Michelle Quinn

Shares of Starbucks give up 12% after warning Marketwatch / Andria Cheng and Matt Andrejczak

Motorola earning fall as sales drop 39% Chicago Tribune / James P. Miller

Nintendo Profit Forecast Misses Estimates on Yen Bloomberg / Hiroshi Suzuki

Battered Ford swings to profit on overseas sales AP via Houston Chronicle

Liberty Mutual buys Safeco insurance company for $6.2B Seattle Times / Melissa Allison

IL: At $3.75 a gallon, more drivers park it Chicago Tribune / Rick Popely

Crude futures off more than 2% as dollar rallies Marketwatch / Polya Lesova

Fillings, crowns go to market Cincinnati Enquirer / Stevenson Jacobs

Oil drops below $117 a barrel as dollar gains AP via Houston Chronicle / George Jahn

OH: You can't pay them enough to leave CNN / Les Christie

U.S. Durables Orders, Excluding Transportation, Rise Bloomberg / Courtney Schlisserman

U.S. Unemployment Claims Unexpectedly Fell Last Week Bloomberg / Bob Willis

Credit Suisse posts $2.1 billion loss AP via CNN

Credit Suisse Posts SF2.15 Billion Loss on Writedowns Bloomberg / Elena Logutenkova

Barclays Made Profit in Securities in First Quarter Bloomberg / Jon Menon and Ben Livesey

Microsoft Investors Want End to Yahoo Fight as Stock Declines Bloomberg / Amy Thomson

Arby's owner buying Wendy's for $2.34 billion in stock deal AP via Seattle Post Intelligencer / Mark Williams

Amazon Gains, Despite an Economic Slowdown NY Times / Brad Stone

Trust in Central Banks Passes Point of No Return Bloomberg / Mark Gilbert



Homeowners Convert to Costlier Fixed-Rate Loans Amid ARM Fears Bloomberg / Kathleen M. Howley

Fed rate cut not a sure thing Marketwatch / Greg Robb

E-Trade CFO and general counsel resign AP via Seattle Post Intelligencer / Jordan Robertson

Big banks build up the next pillar Globe and Mail / Tara Perkins

Dow at nearly 4-month high CNN / Alexandra Twin

Profits soar with high crude oil prices AP via Charlotte Observer / John Porretto

The soaring food prices may be a matter of perspective St. Louis Post Dispatch / David Nicklaus

Gold Bubble! What Bubble? Union Securities via Safehaven / David Chapman

Will oil prices continue to stay high? AP via MSNBC

Subprime Slide Sours Consumer Sentiment Forbes / Maurna Desmond

Inflation Is on the Rise, Fed Should Stand Pat Bloomberg / John M. Berry

Rethinking Fed Policy Forbes / Peter Morici

Oil jumps after reports on shots toward Iranian boat Marketwatch / Moming Zhou and Polya Lesova

Oil rises to $119 on U.S., Iran tensions Reuters / Randy Fabi

Bonds Indicate Return To Normalcy Forbes / Carl Gutierrez

Treasurys tumble as investors bet on end to rate cuts AP via Houston chronicle / Joe Bel Bruno

U.S. Stocks Fall as Consumer Confidence Drops; Microsoft Slides Bloomberg / Michael Patterson

Why the worst may be over CNN / Paul R. La Monica

U.S. Economy: Sentiment Weakens More Than Anticipated Bloomberg / Bob Willis

Dollar holds gains vs. euro despite weak sentiment Marketwatch / William L. Watts and Lisa Twaronite

What's going on with rice and flour? Chicago Tribune / Deanese Williams-Harris

Nigerian pipeline explosion sends crude back above $116; strengthening dollar limits rise AP via CNN

Government Got What It Asked for in Housing Bust Bloomberg / Caroline Baum

Americans tightening their belts AP via CNN

U.S. Consumer Sentiment in April Probably Fell to 26-Year Low Bloomberg / Bob Willis

Many states appear to be in recession as deficits grow AP via Houston Chronicle / Andrew Welsh-Huggins

Predicting bottom of housing mess takes courage Sacramento Bee / Jim Wasserman

Federal Reserve Events Reuters

Government Bonds Tumble Worldwide as Credit Crisis Nears End Bloomberg / Gavin Finch

Auction-Bond Flops Stick Student-Loan Investors With 0% Rates Bloomberg / Michael B. Marois and Jeremy R. Cooke

California & Co. Bids to Become Newest Bond Insurer Bloomberg / Joe Mysak

U.S. Notes Decline, Headed for Biggest Two-Week Loss Since 2001 Bloomberg / Gavin Finch and Sandra Hernandez

Friday’s Analysis / Marty Chenard

Don't Sell Ericsson Short Forbes / Lionel Laurent

U.S. stock futures point to third day of gains Marketwatch / Steve Goldstein

Toshiba's net profit plunges AP via Seattle Post Intelligencer

Ericsson Surges 27% as Profit, Sales Top Estimates Bloomberg / Maria Fredriksson

U.K. Economy Expands at Slowest Pace in Three Years Bloomberg / Jennifer Ryan

23 states face budget gaps in '09 / Pamela M. Prah

Pain of Foreclosures Spreads to the Affluent NY Times / Christine Haughney

MBIA-Backed Deal in California Well Received Bond Buyer / Rich Saskal

Where the Fingers Are Pointing NY Times / Floyd Norris

Asian Stocks Gain, Led By Samsung Electronics, on Earnings Bloomberg / Patrick Rial

Now, Democrats target McCain Christian Science Monitor / Ariel Sabar

Actor Snipes Gets 3 Years for Tax Charges NY Times

Dollar May Extend Gain Against Euro on Fed Rate Expectations Bloomberg / Bo Nielsen


End of the road for FOMC rate cuts; Pause to come? Contrarian2Day via Safehaven / Randy

Alan Greenspan: The Age of Hubris (and the long road back) Clif Droke Market Analysis via Safehaven / Clif Droke

Population explosion means oil at $100 a barrel is here for years Telegraph / Liam Halligan

Clinton Challenges Obama to a Debate in Indiana Bloomberg / Karen Leigh and Catherine Dodge

Economic Pessimism Near 2008 High Gallup

As ARMs reset, little of the expected chaos is coming to fruition San Francisco Chronicle / Kathleen Pender

PA: Foreclosures jump almost 7 percent in first quarter Pittsburgh Post Gazette / Tim Grant

U.S. Money Managers See Stocks Up 10% by Mid-'09, Barron's Says Bloomberg / Dale Crofts

Yahoo mum as Microsoft's merger deadline passes San Francisco Chronicle / Verne Kopytoff

U.S. stocks set to face a less-friendly Fed Marketwatch / Nick Godt

Two-Year Treasury Notes Fall on Bets Fed Cuts Almost at an End Bloomberg / Daniel Kruger and Sandra Hernandez

Inflation mentality on the Fed's mind LA Times / Tom Petruno

Fed may pull back on rate cuts McClatchy via Miami Herald / Kevin G. Hall

Feds look at Wachovia in drug money probe AP via CNN

Pick a Planner Who Can Spell ‘Fiduciary’ NY Times / Alina Tugend

Fed interest rate cuts prove calming to sub-prime mortgage resets LA Times / E. Scott Reckard

New Homes Turning Old as the Inventory Piles Up NY Times / Floyd Norris

Investors look to earnings for hints about consumer spending AP via Seattle Post Intelligencer / Joe Bel Bruno

Microsoft's Ballmer May Move to Oust Yahoo Board, End Standoff Bloomberg / Amy Thomson and Ville Heiskanen

Continental and United Said to Be Closer to a Merger NY Times / Micheline Maynard

U.S. Stocks Advance After Boeing, Philip Morris Top Estimates Bloomberg / Elizabeth Stanton

Demand for small cars, crossovers soar along with gas prices AP via Houston chronicle / Dee-Ann Durbin and Tom Krisher

Fuel costs grounding low-cost air carriers AP via South Florida Sun Sentinel / Dave Carpenter

Bubble or fact of life: Where's the price of oil headed? AP via Houston Chronicle / John Porretto

Dollar Posts Biggest Gain Versus Euro in Month on Fed Outlook Bloomberg / Bo Nielsen

Zuckerman Matches Bid for Newsday NY Times / Tim Arango

Asian Stocks Post Weekly Gain on Earnings Outlook; China Soars Bloomberg / Chen Shiyin


Schultz's primer on dodging the apocalypse Marketwatch / Peter Brimelow

Raised in boom times, many Gen-X and Yers see their dreams go bust LA Times / Daniel Costello

Oil’s slipper Slope NY Post / Paul Tharp

Eat high on the hog while you can Chicago Tribune / Joshua Boak

Steel price nearly doubles in year FT / Chris Flood

Supply's fine, but U.S. shoppers snap up rice USA Today / Sue Kirchhoff and Edward Iwata

Continental Airlines tells employees it won't seek merger Bloomberg via La Times / Hannelore Foerster

Investors pull out of mutual funds FT / Deborah Brewster

Dire Warnings of an Economic Collapse Plague the US Economy Brookes News via Safehaven / Gerard Jackson

CA: Wildfire Forces Evacuations in Pasadena, California, AP Reports Bloomberg / Dale Crofts

Wall Street analysts see Microsoft bid going hostile Reuters / Eric Auchard and Daisuke Wakabayashi

Fed likely to cut U.S. rates, could signal pause Reuters / Ros Krasny

Taking a hit on the cusp of retirement LA Times / Ann Marsh

EU: Haven't We Been Here Before? Pimco / Mike Amey

A jumbo jungle Detroit Free Press / Brendan M. Case

Payrolls Probably Shrank, Growth Slowed: U.S. Economy Preview Bloomberg / Courtney Schlisserman

Bear funds gain attention in market turmoil Chicago Tribune / Andrew Leckey

'Eary' indictment: Corn blamed for everything Pittsburgh Post Gazette / Teresa F. Lindeman

Microsoft deadline for Yahoo deal passes with silence Marketwatch / Rex Crum

MA: Project stall Baltimore Sun / Lorraine Mirabella

Check Credit Unions for Better Deals Marketwatch via Wall Street Journal / Andrea Coombes

Recession Diet Just One Way to Tighten Belt NY Times / Michael Barbaro and Eric Dash

The Week Ahead Wall Street Journal

Weak growth, job losses and a Fed rate cut Marketwatch / Rex Nutting

As Foreclosed Homes Empty, Crime Arrives Washington Post / Jonathan Mummolo and Bill Brubaker

Options trading may provide glimpse of the road ahead Pittsburgh Tribune Review / Gregory M. Drahuschak

As Real Estate Values Slump, Buyers Wonder Whether Stocks Are a Better Bet Washington Post / Renae Merle

More Shares, Less Value for Investors Wall Street Journal / Mark Gongloff

Gadflies try to get answers out of GE execs Pittsburgh Tribune Review / Jack Markowitz

Avoid Interest-Free Loans to Uncle Sam Wall Street Journal / Tom Herman

3 Candidates With 3 Plans, but One Deficit NY Times / Larry Rohter and Michael Cooper

Wall Street, Run Amok NY Times / Ben Stein

UK: Forget 2008. Next year is the one to fear London Times / John Waples

UK: Sailing through the storm Guardian – Observer / Nick Mathiason

UK: Repossessions set to soar as costs spiral Guardian – Observer / Richard Wachman and Heather Stewart

Freer Trade Could Fill the World’s Rice Bowl NY Times / Tyler Cowen

Be prepared to catch the next refi wave Chicago Tribune / Lew Sichelman

Prosecute the Mortgage Sharks Washington Post / Michelle Singletary



The pause that refreshes Marketwatch / Dr. Irwin Kellner

How Low Will Real Estate Go? Forbes / Matt Woolsey

Poole got 14% raise in final year St. Louis Post Dispatch / David Nicklaus

Inflation fear factor eases as Fed seen on the ball Marketwatch / Laura Mandaro

Fed Fears Limit Deal Gains Forbes / Steve Schaefer

Stock rally fizzles CNN / Alexandra Twin

Danger Ahead: Fixing Wall Street Hazardous to Earnings Growth Bloomberg / Christine Harper and Yalman Onaran

Gasoline May Soon Cost a Sawbuck NY Sun / Dan Dorfman

Corn jumps as wet weather fans supply concerns, oil rises AP via Charlotte Observer / Stevenson Jacobs

Oil majors fail to replace reserves Globe and Mail / Oxford Analytica

U.S. slims down after bloated credit: Pimco Reuters

Are Recessions Deflationary? Ludwig Von Mises Institute / Robert P. Murphy

Buffett: Economy in a recession, will be worse than feared Reuters via USA Today

U.S. Credit Perspectives Pimco / Mark Kiesel

Bonds get modest lift ahead of busy data week Marketwatch / Laura Mandaro

Chicago Fed Midwest Manufacturing Index Federal Reserve Bank of Chicago

New England Economic Indicators Federal Reserve Bank of England

Board's 94th Annual Report, 2007 Federal Reserve Board

Chicago Fed Midwest factory activity lower in March Reuters

Federal Reserve Events Reuters

Homeowner vacancies hit record high Reuters / Joanne Morrison

Monday’s Analysis / Marty Chenard

Wall Street keeps cautious tone ahead of two-day Federal Reserve meeting Marketwatch / Nick Godt

Wrigley to be sold to Mars for $23 billion Chicago Tribune / James P. Miller

IRS collects more in 2007 AP via Houston Chronicle / Jim Abrams

Where's The Oil? Forbes / Lionel Laurent

Gas hits $3.60 a gallon, crude nears $120 on supply outages AP via Houston Chronicle / John Wilen

Brazil Oil Trapped by 500-Degree Heat, Salt Barrier Bloomberg / Joe Carroll

Gold Gains in N.Y. as Oil Rises to Record; Silver Declines Bloomberg / Halia Pavliva

NY: History Hints a Recession Would Hit City Hard NY Times / Patrick McGeehan

Blackout The Economist

Bernanke May Have to Follow Volcker to Avoid Being Tagged Burns Bloomberg / Rich Miller

Rising inflation limits Fed’s options McClatchy via Sacramento Bee / Kevin G. Hall

Muni Auction Market Shrinks by 33%, Reducing Costs Bloomberg / Jeremy R. Cooke and Michael McDonald

Verizon earnings meet expectations CNN / Catherine Clifford

Mars Agrees to Buy Gum Maker Wrigley for $23 Billion Bloomberg / Chris Burritt

RadioShack Profit Falls as Wireless-Plan Sales Slow Bloomberg / Mark Clothier

CA: Foreclosed properties going for much less San Diego Union Tribune / Roger Showley and Lori Weisberg

RBS May Cut About 7,000 Investment Banking Jobs, People Say Bloomberg / Ben Livesey

Europe's Economic Slowdown Will Stretch Through 2009 Bloomberg / Ben Sills

With Slump Paramount, Fed Is Likely to Cut Rates NY Times / Steven R. Weisman

Corporate Credit Deteriorates in Europe on Euro, Moody's Says Bloomberg / John Glover

Loan Industry Fighting Rules on Mortgages NY Times / Stephen Labaton

Owners trash, strip their foreclosed homes Boston Herald / Jerry Kronenberg

Estimates Are Key at Financial Firms Washington Post / David S. Hilzenrath

Democrats Registering In Record Numbers Washington Post / Eli Saslow

Dollar Slide Drives U.S. Budget as Japanese Desert Treasuries Bloomberg / Wes Goodman

Moody's Gives BHAC Another Triple-A Bond Buyer / Dakin Campbell

Oil Rises to Record on U.K. Pipeline Shutdown, Nigeria Attack Bloomberg / Gavin Evans

Steel screams on LME despite recession talk Telegraph / Ambrose Evans-Pritchard

Deutsche Bank May Report First Loss in Five Years on Markdowns Bloomberg / Aaron Kirchfeld

Asian Stocks Rise on Speculation Worst of Credit Losses Is Over Bloomberg / Chua Kong Ho

Letting sterling fall is UK's'get-out-of-jail-free card' Telegraph / Roger Bootle

McCain fleshes out his economic plan Christian Science Monitor / Peter Grier

Does your mechanic have the data needed to fix your car? Christian Science Monitor / Tom A. Peter

Japan May Escape Recession as Chinese Surge Increases Exports Bloomberg / Jason Clenfield


Peak Oil Panic Daily Standard / Irwin M. Stelzer

The Fed Is Shedding Treasuries at an Annualized Rate of $601 Billion Northern Trust via Safehaven / Paul Kasriel

South Jersey Business Survey Federal Reserve Bank of Philadelphia

U.S. could have recession without drop in GDP Marketwatch / Rex Nutting

Global demand finally affects U.S. Palm Beach Post / Susan Salisbury

Gold near 3-month low on dollar, investors await Fed Reuters via Forbes / Lewa Pardomuan

Americans unload prized belongings to make ends meet AP via Houston Chronicle / anne D’Innocenzio

Technically a Recession? Forbes / Joshua Zumbrun

No Assets? No Problem Forbes / Maurna Desmond

Corning Profit Surges on Strong Glass Demand AP via NY Times

Stocks mixed with investors wary before Fed's rate decision AP via Orlando Sentinel / Joe Bel Bruno

Bush Blames Congress for Failing to Act on Energy Bloomberg / Roger Runningen and Catherine Dodge

California's Deficit May Swell to $20 Billion on Housing Slump Bloomberg / Michael B. Marois

Rate Cut Would `Do More Damage Than Good,' Gross Says Bloomberg / Caroline Salas

Looking for a wink or a nod from the Fed Marketwatch / Greg Robb

Are Fed rate cuts nearly over? Christian Science Monitor / Ron Scherer

Bonds, Stocks Show Bernanke Fixing Financial System Bloomberg / Bryan Keogh

BondWorks Institutional Advisors via Safehaven / Levente Mady

Treasuries Rise on Deutsche Bank Loss, Slump in Home Prices Bloomberg / Sandra Hernandez

Consumer confidence falls to 5-year low Reuters / Burton Frierson

Tip-dependent workers feeling the slump LA Times / Gina Ferazzi

More Subprime, Alt-A Mortgages May Head `Underwater' Bloomberg / Jody Shenn

Deutsche Bank Says It Had First Loss in Five Years Bloomberg / Aaron Kirchfeld

Fed could burst oil's bubble CNN / David Goldman

Oil falls below $117 as supply concern eases AP via MSNBC

Dollar Rises to Three-Week High on Bets Fed Will Signal Pause Bloomberg / Ye Xie

Fed may be forced to take a breather soon MSNBC / John W. Schoen

All Quiet on the Western Front Pimco / Bill Gross

Subprime Crisis May Drive States Into Bond Insurance Bloomberg / Joe Mysak

Foreclosures spike 112% - no end in sight CNN / Les Christie

S&P/Case-Shiller U.S. Home-Price Index Fell 12.7% Bloomberg / Shobhana Chandra

NY: Long Island foreclosures up, but nation's worse Newsday / Ellen Yan

Snoozing in Econ 101 Is Hazardous to Your Health Bloomberg / Caroline Baum

'Great Reflation' On The Horizon? Forbes / Oxford Analytica

Tuesday’s Analysis / Marty Chenard

Most U.S. Stocks Drop, Led by Drug, Mining Shares; Merck Falls Bloomberg / Eric Martin

American Airlines loses $3.3 million a day Fortune via CNN / Barney Gimbel

Office Depot profit falls 55% AP via Miami Herald

Emptying the Breadbasket Washington Post / Dan Morgan

S.F. reaches $4 average gas price San Francisco Chronicle / David R. Baker

FL: Health premiums outpace incomes in Florida Miami Herald / John Dorschner

Another Chicago business icon gets swallowed Chicago Tribune / David Greising

Dollar Rises to Three-Week High on Bets Fed Will Signal Pause Bloomberg / Ye Xie and Anchalee Worrachate


Securities investors say they were misled Houston Chronicle / R.G. Ratcliffe

Unstoppable Credit Contraction Mish’s Global Economic Trend Analysis via Safehaven / Mike Shedlock

Does the Consumer Truly Believe? Collection Agency via Safehaven / Mick P

Siphoning Off Corn to Fuel Our Cars Washington Post / Steven Mufson

A new worry: The cost of electricity Allentown Morning Call

Will the Fed's Rollercoaster Ride Save the Dollar? Delta Global Advisors via Safehaven / Michael Pento

Stop Begging Ben for Help Cooking Banks' Books Bloomberg / Jonathan Weil

Fed Faces Tricky Monetary-Policy Pickle / Paulette Miniter

The Fed Moves Towards Balanced Risks Morgan Stanley / Richard Berner and David Greenlaw

Microsoft board fails to reach decision on next step Marketwatch / Benjamin Pimentel

Starbucks 2Q profit sinks 28% AP via Chicago Tribune / Jessica Mintz

U.S. Stocks Fall as Federal Reserve Says Economy Remains Weak Bloomberg / Eric Martin

Prudential Net Income Declines on Investment Losses Bloomberg / Josh P. Hamilton

Bush Says Pain From Economy Defies Easy Fix NY Times / Sheryl Gay Stolberg and David M. Herszenhorn

Wall Street wilts after Fed CNN / Alexandra Twin

Treasuries Rally After Fed Cuts Rate, Says Economy Still `Weak' Bloomberg / Sandra Hernandez and Daniel Kruger

Oil falls $2 after Fed announcement CNN / Catherine Clifford

FOMC Statement Federal Reserve Board

Fed Trims Rate to 2%, Signals Ready to Consider Pause Bloomberg / Craig Torres

Fed lowers rates, hints cuts may be at end Reuters / Mark Felsenthal

Why the Fed's not done cutting rates Fortune via CNN

Whether the twain shall meet The Economist

Iran stops using U.S. dollar in oil transactions Globe and Mail / Ali Akbar Dareini

Treasurys edge higher ahead of Fed rate decision Marketwatch / Polya Lesova and Laura Mandaro

FDIC Policy Statement on Covered Bonds FDIC

Fed Decision on Key Rate Presents Risks Either Way Washington Post / Neil Irwin

Federal Reserve May Want Inflation Merk Hard Currency via Safehaven / Axel Merk

Bernanke's Character Test: Pre Fed Meeting Jitters, Indeflation, and a Prediction Safehaven / M.A. Nystrom

The Fed, the Recession, and Ancient Pompeii Daily Reckoning via Lew Rockwell / Bill Bonner

Federal Reserve to propose credit card lender limits Chicago Tribune

Kraft profit down 13% on costs, but better than expected Chicago Tribune / James P. Miller

Home Ownership Preservation Loans FDIC

Gold lower ahead of Fed interest rates decision Thomson via Forbes

Energy futures drop on unexpected jump in crude supplies AP via Houston Chronicle / John Wilen

Dave Barry Explains the Tax Rebate Lew Rockwell / Gary North

After Losses, Banks Do Damage Control Washington Post / Tomoeh Murakami Tse

HFR Hedge Fund Index Rebounds in April After Decline in March Bloomberg / Tom Cahill

Canadian economy rattled Globe and Mail / Heather Scoffield

Bernanke's big problem: Band Aids now or later? / Marty Chenard

Bernanke Urged to Do More to Ease Bank Funding Costs Bloomberg / Scott Lanman

Why the Fed's not done cutting rates Fortune via CNN / Colin Barr

Fed expected to cut rates one more time, then pause AP via Houston Chronicle / Martin Crutsinger

Chicago Purchasing Managers' Index Increased in April Bloomberg / Bob Willis

Technically, No Recession (Feel Better?) Forbes / Joshua Zumbrun

Economy: It could have been a lot worse CNN / Paul R. La Monica

First-quarter growth stronger than forecast Reuters / Glenn Somerville

As consumers step on the brakes, will the economy hit the wall? LA Times / Peter G. Gosselin

U.S. Economy: Gross Domestic Product Rises 0.6% on Inventories Bloomberg / Shobhana Chandra

Mortgage Applications Decrease In Latest MBA Weekly Survey Mortgage Bankers Association

U.S. Stocks Rise as Economic Growth Tops Estimates; GM Rallies Bloomberg / Eric Martin

Wednesday’s Analysis / Marty Chenard

Buffett: New Advice From On High Forbes / Robert Lenzner

One-year Treasury bills will return in June AP via USA Today

Is that a small arm in your pocket? The Economist

U.S. airlines flock to foreign repair shops LA Times / Marla Dickerson

Economy in U.S. Probably Expanded at Slowest Pace in Five Years Bloomberg / Shobhana Chandra

Auto Sales in U.S. Probably Fell Again, Hurt by Gasoline Prices Bloomberg / Greg Bensinger

Selling in May and not going away? Marketwatch / Mark Hulbert

A New Wave of Vilifying Short Sellers NY Times / Jenny Anderson

Shanghai stocks soar on strong financial earnings reports Marketwatch / V. Phani Kumar

Tax rebates: How big a boost? Christian Science Monitor / Peter Grier

Bush, Congress clash over economy Christian Science Monitor / Gail Russell Chaddock

Treasuries Little Changed Before GDP Report, Fed Rate Meeting Bloomberg / Wes Goodman

The Road to a Jumbo Mortgage Was Supposed to Get Easier NY Times / Matt Richtel

Bankers would not be punters if they were forced to pay all losses Telegraph / Jeff Randall

Have oil prices peaked? Telegraph / Mark Lacey

'Obscene' oil profits mean more fuel for our future Telegraph / Damian Reece

Dollar Heads for Monthly Gain Versus Euro on View Fed to Pause Bloomberg / Stanley White and Kosuke Goto

Asian Stocks Fall, Led by Commodities Producers; BHP Declines Bloomberg / Chua Kong Ho

Japan Production Falls at Fastest Pace in Five Years Bloomberg / Jason Clenfield

Japan's Unemployment Rate Unexpectedly Fell in March Bloomberg / Toru Fujioka