Underwater Homeowners:
This Could Get Ugly

home for sale

Negative equity is linked to higher foreclosures. About a quarter of households with mortgages already owe more than their homes are worth. If prices slip further, up to half of all homeowners may end up underwater -- a scary prospect for Americans' financial health.

Continue Reading | Comments

Market Update:
  • Stocks, dollar fall after weak US jobs report
  • Mark Hurd, Hewlett-Packard

    CEO Hurd was seen as rescuing Hewlett-Packard from the mess left behind by his ill-fated predecessor, Carly Fiorina. That is, until he wound up getting ousted for creating his own mess. The world's leading computer company now has to regroup again.

    Stocks were doing just fine for most of the week only to get clobbered by a dismal July jobs report that sent shivers through the market. Despite some recent good news, the jobs report provides evidence that the economy is not rebounding as quickly as hoped.

    Five 'Impractical' College Majors That Might Make You Rich

    There aren't many surprises on the lists of which college majors tend to yield the lowest salaries. But what matters more than your major is what you do with your degree after you graduate. These courses of study may do poorly on average, but the skills they teach could turn you into a big winner.

    Is investing in a college education money wasted? James Altucher, managing director of Formula Capital, says it is. In this video interview, Altucher argues that there are far better ways to put your money to work to benefit your kids. Controversial? You bet, but his ideas are certainly food for thought.

    Follow Us
    Buy Stocks At...
    • E*TRADE Securities
    • TD Ameritrade
    • Scottrade
    • ShareBuilder

    Market Movers

    SymbolLastChange / %Volume

    Most Actives

    C
    CITIGROUP INC
    4.06-0.04
    -0.98%
    296.07M
    SPY
    Standard & Poor's Depositary Receipts Units of Undivided Beneficial Interest
    112.39-0.46
    -0.41%
    239.73M
    BAC
    BANK OF AMERICA CORPORATION
    13.96-0.06
    -0.43%
    135.09M
    XLF
    Select Sector SPDR Trust (The) Shares of Beneficial Interest - Financial Sector
    14.78-0.13
    -0.87%
    82.81M

    % Gainers

    AGO
    ASSURED GUARANTY LTD
    18.44 +2.34
    +14.53%
    8.84M
    PKI
    PERKINELMER INC
    22.29 +2.24
    +11.17%
    5.15M
    BID
    SOTHEBYS
    30.61 +3.06
    +11.11%
    2.11M
    NCT
    NEWCASTLE INVT CORP
    3.01 +0.28
    +10.26%
    1.24M

    % Losers

    PMC
    PHARMERICA CORP
    9.60-3.13
    -24.59%
    1.80M
    HAR
    HARMAN INTL INDS INC
    29.88-3.92
    -11.60%
    5.34M
    RST
    ROSETTA STONE INC
    19.07-2.45
    -11.38%
    625,717.00
    NC
    NACCO INDS INC
    99.93-11.19
    -10.07%
    78,975.00

    Video

    DailyFinance

    Loading...

    Bloomberg

    Loading...

    WalletPop

    Loading...

    NYSE Video

    Loading...

    Headlines From DailyFinance Partners

    CNBC
    Smart Money
    Huffington Post
    Luxist
    Business NewsWhat's HotInvesting and Real EstatePersonal Finance at WalletPopOur Partners

    Terms of Service | Privacy Policy | Trademarks | HELP | Advertise With Us

    © 2010 AOL Inc. All Rights Reserved