Low rates are supposed to stimulate the housing market, but haven't done much so far. Low rates are hurting retirees, however.
Rep. Paul Ryan set to unveil $4 trillion in budget cuts over next 10 years, plus National Semiconductor deal and the apps grand jury.
Dow rises 23 points to close at highest level in 34 months. But stocks on Nasdaq edge down.
The authors of a new study think so. Case in point: About 20 percent of borrowers in the bottom quartile of the financial literacy index experienced foreclosure compared to only 5 percent in the top quartile.
The central bank would oversee all financial markets, under a new plan.
The collapse of Bear Stearns sends the central bank scrambling to ease fears.
The region's booming growth has counterbalanced trouble elsewhere. But the long dry spell is taking a toll.