MONTREAL - Canadians receiving billions of dollars of inheritance this year should avoid plunging their windfalls into the volatile stock market and instead focus on paying down debt, say investment advisers.

Kenyans will be able to buy houses worth up to Sh5 million using their pension contributions as a guarantee for mortgages in a move that is set to spur activity in the home loans market.

Stephen Schiff isn’t a trader or a banker, but he knows first-hand about the convulsions on Wall Street. He is the screenwriter who wrote was was supposed to be Gordon Gekko’s long-awaited comeback vehicle — only to have the landscape of Wall Street

Oct. 29 (Bloomberg) -- Fannie Mae may write down at least $20 billion of deferred tax credits, potentially cutting its book value in half and increasing the likelihood the U.S. Treasury may need to pump cash into the mortgage-finance company.

The government's planned financial bailout is a significant if costly step intended to avert economic calamity, but it may not be the last one, according to some economists and finance experts.