After another volatile trading session, the three major indexes rallied back to black in the final hour of trading before closing in a mix. The Dow Jones Industrial Average gained...

Shares in Thornburg Mortgage (NYSE: TMA) are off almost eight percent this morning after the company’s announcement that it had sold $20.5 billion worth of mortgage backed securities to help improve its liquidity situation. The markets seem to be reacting...

So the Federal Reserve Bank made the move to drop the discount rate by 50 basis points. Is this for real?

The Federal Open Market Committee (FOMC) cut the prime discount rate to 5.75 percent from 6.25 percent. By doing so, the FOMC acknowledged that inflation is a greater risk to the economy than slow growth...

Before you continue, make sure you’re sitting down. It was another sharp decline Thursday for the US market as stocks continued their rough-and-tumble downturn... 

Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) has fallen more than 10 percent today. The primary reason appears to be...  

Whether it’s a pool of mortgages, corporate debt or a government obligation, during the past several days, the market’s been on a tear trying to come to grasp with the questions...

Was there a train wreck on the US stock market? Well, not quite. But the credit squeeze did continue to plague US stocks Tuesday as the market plunged deeper into a sea of volatility... 

Ask any businessman if he could pay all of his bills and cover all of his debt on a moment’s notice and you’d get the same answer: Are you kidding?

Longtime Cash Cow Thornburg Mortgage (NYSE: TMA) is continuing to get hammered, as it’s off by about 12 percent so far this morning. As we’ve been saying all along...