Tuesday the stock market began with some modest gains, including a 1% increase for the Dow Jones, and several stocks rallying after Monday’s losses.  Nearing the close of the stock market, in an unprecedented move, the Federal Reserve announced that it had cut its key interest rate to 0-0.25%, do...

The Associated Press was abuzz late Thursday night with news that Bernard Madoff, former chairman of the Nasdaq Stock Market and founder of Bernard L. Madoff Investment Securities, had been arrested over an alleged $50 billion fraud scheme.  Madoff founded his small firm in 1960, and has since bee...

The Mortgage Bankers Association (MBA) released its latest survey over the weekend, showing 10% of American homeowners at least one month overdue on mortgage payments or in the process of foreclosure.  This marks a 9% increase from just three months prior, a 7.3% increase from a year ago, and the h...