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  • Is Congress setting the stage for another mortgage crisis?
    Owning a home. It's been called the American Dream. But as the financial crisis taught us, it's a dream not every American should make a reality.
  • Global stocks surge on U.S. corporate results, bonds fall
    By Herbert Lash NEW YORK (Reuters) - Global equity markets rose on Thursday, with stocks on Wall Street surging more than 1 percent as U.S. corporate earnings continued to beat expectations, while government ...
  • Union Pacific CEO: Major rail mergers 'don't make sense'
    "The (service and regulatory challenges) add a whole layer of concerns for me," the CEO, Jack Koraleski, told analysts in a conference call after Union Pacific reported a higher-than-expected third-quarter profit and said it expected a solid fourth quarter. Canada's No. 2 railroad, Canadian Pacific Railway Ltd, recently made a failed bid for CSX Corp, the No. 3 U.S. The CEOs of CSX and Norfolk Southern Corp have made comments in the past week stressing that past mergers between large railroads have led to significant service disruptions.

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