Top Finance Blog

Should have seen this coming. Mortgage giants Fannie Mae and Freddie Mac, which has been run pretty much by the government since 2008, have been “asked” by the New York Stock Exchange to delist themselves and to stop trading stock. That’s because the prices have fallen very low, with Fannie Mae around $1 and Freddie [...]

Yesterday it was reported that the Nasdaq Composite Index rose 10.18 points, or 0.5%, to 1926.38, its 11th straight rise, a streak not seen since September 1996. The Dow lost 34.68 points, or 0.4%, and the S&P 500 index lost 0.51 points, or 0.1%. That all sounds good for NASDAQ, right? Except for one thing; [...]