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Stuck! Homes sit on the market
The tell-tale sign of a stagnating real estate market? When homes for sale start lingering - and that's exactly what real estate brokers and other industry watchers say they're seeing now.

Stocks brace for Ben
Stocks rose Wednesday but investors had their eyes trained on Thursday's Federal Reserve meeting and policy statement.

Paulson to become Bush's third Treasury secretary
Henry Paulson's move from Wall Street to President Bush's Cabinet became official Wednesday, when the Senate confirmed him to be the nation's 74th Treasury secretary, succeeding John Snow.

Disney taps Pepper as chairman
Walt Disney Co. Wednesday named ex-Procter & Gamble CEO and Disney director John Pepper as non-executive chairman, succeeding former Senator George Mitchell.

Rate hike expected
Read full story for latest details.

Congress may lift 25-year ban on offshore oil drilling
With oil prices near record highs, the House is set to vote Thursday on whether to allow domestic oil drilling off the East and West coasts - a proposal that has bitterly divided the oil industry and most environmentalists.

The right portfolio for any market
QUESTION: I'm 56 years old and nearly 100% invested in equity mutual funds. I'd like find something to cushion the blow of another stock market decline, but with residential real estate seemingly having run its course and commodities topping out, what alternative do I have? Can you suggest a type of investment that has not recently peaked, and which may offer long-term growth? Real estate in Costa Rica, pipeline limited partnerships...something? - James E. Good, Orlando, Florida

Ex-SEC man: Agency blocked Mack probe
Gary Aguirre, a former Securities and Exchange Commissioner, testified Wednesday before a Senate committee that the SEC blocked his attempts to subpoena Morgan Stanley CEO John Mack because of his political connections.


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