· By Colin Barr
The mortgage giant bets its reserves will let it weather the housing storm, but forecasting hasn't been a strong point. more

· By Devin Leonard
As MySpace prepares to launch its free music service, it faces an entrenched upstart playing the same tune. more

By Anne Fisher
Demand for high-level talent is surprisingly robust, especially for senior managers who are willing to move. more

· By Michal Lev-Ram
The latest personal navigation devices offer lots of bells and whistles, but are they really necessary in the iPhone era? more
-
autos
The frailest of Detroit's automakers has been in private hands for a year. CEO Bob Nardelli badly needs a hit if the company is to endure. more -
mega-projects
Part three of Fortune's Mega-Projects series on the world's biggest construction projects looks at the building of the world's largest passenger ship. more -
wall street
Star bank analyst Meredith Whitney says the economy is about to sink into a deep recession. more -
management
It's not just the average Joe suffering as the U.S. economy heads south. Some folks at the top - especially these 10 - are feeling the pain, too. more -
International
Is it possible that Europeans - famed for their endless vacations - work as much as we do? more -
entertainment
Amazon is a distant second to Apple, but a deal with MySpace could move the giant retailer up the charts. more

By Adam Lashinsky
What exactly is Twitter? And what does its exploding popularity say about the state of the tech industry? Inside the hottest Web startup since ... gosh, February at least. more
A rundown of some Web 2.0 startups getting a lot of buzz, if not necessarily a lot of revenues. more
MySpace is using new technologies to distribute ads according to gender, age, even interests selected in users' profiles. more
- Stocks end the week with a bang
- Mortgages get more expensive - again
- Fannie's pain: $2.3B loss, dividend cut
- $1 trillion in losses? Bank on more
- Banks lining up to make investors whole
- MBIA second-quarter profit soars
- How to buy a foreclosed home
- Seat 37C - Brought to you by...
- The best PC for Microsoft Office? A Mac
- 100% of your money back
- Where the big jobs are More
- GPS makers battle the iPhone More
- Falling oil prices: The downside More
- The woman who called Wall Street's meltdown More
- The COO's dilemma More
- Sirius XM: Tune in next year More
- The true meaning of Twitter More
- Fannie: Sun will come out tomorrow More
- Whitney: Credit crunch far from over More
- Ex-CEOs' missteps still haunt AIG More
- Where the big jobs are More
- Dear Dell: How to beat the iPod More
- iPhone nano: A rumor before its time More
- IKEA launches mobile phone service More
- Inside Twitter More
- How to find the right career coach More
- Eighth time’s not a charm: Senate... More
- Recount shows big protest vote against... More
- Time Warner says ex-exec can’t... More
- Sirius XM unite as sales still tumble More
- The trials of Jimmy Cayne more
- Whitney: Credit crunch far from over more
Smart Car: A maxi-fun mini-car more- Falling oil prices: The downside more
- Napster 2.0's sad song more
- GM's downward spiral more
- Sam Zell: Take him out to the tax game more
- Pat Russo's suicide mission more
- Merrill: No longer in denial more
- The oil speculator sideshow more
| Company | Price | % Change |
|---|---|---|
| Ual Corp | 11.39 | 18.52% |
| US Airways Group Inc | 7.95 | 17.43% |
| Asbury Automotive Group Inc | 12.26 | 13.20% |
| Continental Airlines Inc | 16.62 | 12.68% |
Aug 8 3:56pm ET †
| Index | Last | % Change |
|---|---|---|
| Dow Jones | 11,734.32 | 2.65% |
| Nasdaq | 2,414.10 | 2.48% |
| S&P 500 | 1,296.32 | 2.39% |
| 10yr | 100 17/32 | Yield: 3.93% |
Aug 08 4:39pm ET †
| Company | Price | % Change |
|---|---|---|
| Sprint Nextel Corporation | 8.50 | 9.11% |
| Qwest Communications Intl In | 3.74 | 9.04% |
| Time Warner Inc | 15.57 | 7.38% |
| Iac Interactivecorp | 18.64 | 5.73% |
Aug 8 3:58pm ET †






