NYSE operator hit by trading slump
NYSE Euronext shares fell 5% on Monday after the stock exchange operator reported a sharp decline in quarterly profits on weak trading volume and merger break-up costs.
Stocks finish worst month of the year
U.S. stocks finished in the red Monday, ending a mostly sour month on a weak note.
Homeownership falls to lowest rate in 15 years
Homeownership in the U.S. fell to its lowest rate in 15 years during the first quarter as more delinquent borrowers lost their homes to foreclosure, forcing many to rent.
Barnes & Noble’s shares soar on Microsoft Nook investment
Microsoft is investing $300 million with Barnes & Noble for a 17.6% stake in its digital e-book reader the Nook, sending the bookseller’s shares soaring in early Monday trading.
6 ways to get a great mortgage deal
Finding an affordable house is no longer a problem but qualifying for a mortgage can be. Six tips to getting a mortgage and a good rate.
Harbinger’s Falcone to leave LightSquared
Philip Falcone, founder of hedge fund Harbinger Capital Management, told investors Monday that he would soon cede control of wannabe wireless carrier LightSquared.
End of FDIC program may hurt small firm lending
Small business lending could take a major hit if a federal program that insures small business accounts ends later this year.
Big Three’s biggest problem is Europe
Detroit’s biggest problems aren’t behind it. They’re about 4,000 miles to the east.
Stay-at-home dads: More men choosing kids over career
Before Jessica and Lance Somerfeld had their baby, they decided it would make the most financial sense for one of them to stay home to raise him. Since Lance made a fraction of Jessica’s earnings, he was the obvious choice.
Itsy-bitsy teeny cell towers are coming
The cell phone capacity problem is getting bigger by the day, but one potential solution has wireless carriers thinking smaller — way smaller.
