Union set to strike Boeing
Nearly two days of round-the-clock talks aimed at averting a strike at aircraft maker Boeing broke down Friday evening, setting the stage for what could be one of the nation's most disruptive strikes in more than a decade.

FDIC shutters Silver State Bank of Nevada
Read full story for latest details.

FDIC shutters Silver State Bank of Nevada
Read full story for latest details.

Report: Treasury near plan for Fannie and Freddie
The Treasury Department is close to finalizing plans for beleaguered mortgage buyers Freddie Mac and Fannie Mae, according to a report published Friday afternoon.

Treasury near plan for Fannie and Freddie - report
The Treasury Department is close to finalizing plans for beleaguered mortgage buyers Freddie Mac and Fannie Mae, according to a report published Friday afternoon.

Stocks finish mixed at end of tough week
Stocks ended mixed Friday after a tough session and week, as a rally in the hard-hit financial sector countered amplified recession fears that were sparked by a weak labor market report.

U.S. highway fund crushed by cutback in driving
An unprecedented decline in driving will deplete the federal Highway Trust Fund by the end of September and prompted the Bush administration on Friday to ask Congress for an $8 billion emergency infusion.

McCain on Obama: Hey, big spender
Republican presidential nominee John McCain has hammered home the message that he hates pork and wants to balance the budget by 2013.

McCain on Obama: Hey, big spender
Republican presidential nominee John McCain has hammered home the message that he hates pork and wants to balance the budget by 2013.

The Market At 2008-09-05 15:55:15 ET

10-Year: 3.648 -07/32   GNMAs:    EUR/USD: 1.4238   USD/JPY: 107.1510

(13:48) Off the highs... off the lows... finding comfort around unch into weekend

(11:45) New session lows in lightened action

(11:14) Twisting in place, 10-yr stuck at 3.578% yield level

(08:54) Holding better

(08:33) Pressed higher on bad payrolls report

(07:26) Flying high again... 10-yr +08/32 yielding 3.593%

Nonfarm Payrolls: Actual -84K, consensus -75K, prior -60K (revised from -51K)

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The Interest Rate Outlook

Last Updated: 2008-09-05, 16:01:22 ET

The Federal Open Market Committee held interest rates flat at 2% for a the second consecutive meeting, with another dissenting vote from Dallas’ Fisher ( for the 5th time, looking for a hike) and some tweaking of the language regarding inflation.
The FOMC was widely expected to leave rates on hold, and many had also anticipated a beefing up of tough inflation talk with Fed-head Bernanke’s...