Hot finance topics

Stocks tumbled Tuesday afternoon after the chief executive of the nation’s largest phone company, AT&T, suggested a weaker economy was forcing consumers to scale back spending.
The market was up modestly earlier in the day, but was rattled by the warning from AT&T and rumors that Countrywide Financial, the nation’s largest mortgage company, might seek bankruptcy […]

The anticipated cuts to the base rate of interest will stabilise rather than re-igniting the market in 2008, according to the Nationwide building society.
The lender has published its latest house price index, showing that while prices dropped by 0.5 per cent in December, the annual increase for 2007 still stood at 4.8 per cent.
But landlords […]