· By Colin Barr
The stocks are swooning, but the feds are understandably in no hurry to own the whole U.S. mortgage business. more
· By John Brodie
J.Crew's CEO says that this is the worst retail environment he's seen in 40 years in the business. His strategy? Take J.Crew upscale and launch a new brand called Madewell. more
Fortune's second annual Luxury Portfolio features the moguls, merchants and master craftsmen who are defining the business of luxury. more
· By Roddy Boyd
Hedge fund Third Point Management faces an investigation into its outspoken manager's conversations with other hedge funds. more
· By Geoff Colvin
Our easy access to plastic is about to dry up - and with it our ability to fake living the good life. more
The microblogging service needs to figure out how to make its popularity pay. more
-
The business of style
The $270 billion industry thought it was recession-proof. But its growth is slowing, and anxiety is higher than a pair of Jimmy Choo pumps. more -
Wall Street
After years of go-go growth, firms like Lehman Brothers want to shrink to safety. Can they do it before the next storm? more -
video
Fortune's managing editor talks about the special luxury issue - J. Crew's CEO, Prada's future and a hedge-fund superstar. more
-
Markets
There's good news on oil, stocks and the dollar. So why is the bond market freaking out again? more -
technology
The latest microchips have gotten so complicated that companies from Microsoft to Apple to Intel say software writers can't keep up. The result could hurt computer sales. more -
Investing
Railroads are benefiting from the global commodities boom - and the fact that trains are more fuel-efficient than trucks. more -
alternative energy
A 909-megawatt wind deal is just the latest move by California utilities to tap Oregon's renewable energy boom. more
By Michal Lev-Ram
As mobile applications turn cell phones into pocket PCs, Apple, Research in Motion and Google are battling for the allegiance of developers. more
By Jon Fortt
Dell courts Gen Y'ers - and bets on a turnaround - with a redesign of its flagship Latitude laptops. "Business pink," anyone? more
By Todd Woody
Geothermal power, not offshore oil, is the great untapped energy bonanza, according to the search giant. more
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- Pickens sells energy plan to McCain, Obama More
- How persuasive are you? More
- Intel’s big week: Where’s... More
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- 2008 Fortune 500: Full list More
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- The Deal: Washington pays and prays more
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- This time, wage slaves can't revolt more
- JPMorgan cooks up carbon credits more
| Company | Price | % Change |
|---|---|---|
| Freddie Mac | 3.11 | -25.53% |
| Officemax Inc Del | 11.86 | -13.56% |
| Ual Corp | 12.17 | -10.39% |
| Bluelinx Hldgs Inc | 6.92 | 9.84% |
Aug 20 3:56pm ET †
| Index | Last | % Change |
|---|---|---|
| Dow Jones | 11,417.43 | 0.61% |
| Nasdaq | 2,389.08 | 0.20% |
| S&P 500 | 1,274.54 | 0.62% |
| 10yr | 101 21/32 | Yield: 3.79% |
Aug 20 5:16pm ET †
| Company | Price | % Change |
|---|---|---|
| Analog Devices, Inc | 29.50 | -8.21% |
| Hewlett-Packard Co. | 46.22 | 5.81% |
| Cablevision Systems Corporation | 32.50 | 4.97% |
| Nvidia Corp | 14.02 | 4.55% |
Aug 20 3:58pm ET †
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