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Cash-rich companies, 2008 Fortune 500 & trillion dollar mortgage bomb - Today in Money - 4/21

In the News:

Wal-Mart Tops Fortune 500 List
The retail giant is on top for the second year in a row, while AT&T moves up and GM slips. See who ranks where on the definitive list of America's largest companies and why.
FORTUNE 500 2008: Annual ranking of America's largest corporations from Fortune Magazine


Stocks: Where the Big Bucks Lurk

A closer look at S&P's list of stocks with big cash hoards and top analyst rankings show these 20 companies are sitting pretty. They include Apple, Boeing, Coca-Cola, Disney, EMC, Hewlett-Packard, IBM, J&J, Microsoft, Oracle, Paychex, P&G to name a few.
Cash-Rich Companies


Mom's New Battle: The Food Price Bulge

As American families face the double whammy of higher gas and food prices, moms nationwide are resorting to considerable ingenuity to stretch their monthly grocery budget. Beyond clipping coupons, families are embracing generic grocery brands, and making their own baby food and detergent.
Soaring food prices elicit creative solutions from moms - CNNmoney


Trillion-Dollar Mortgage Bomb
Among the nightmares lurking around the corner for the already battered housing and credit markets would be a meltdown at mortgage financing giants Fannie Mae and Freddie Mac. Risks are rising that Fannie and Freddie may need a government bailout that could cost far more than previous rescues.
Concerns rising that Fannie and Freddie could need bailout - CNNmoney


Mortgage Rates at Low Point

Eyeing a home loan? Current mortgage rates are about as low as they'll go this year.
Mortgage Rates at the Low Point - Kiplinger.com


7 Sure-Fire Ways to Become an Identity Theft Victim

If you like red tape and the feeling of being used, follow these steps to ensure your identity is no longer yours.
How to become an identity theft victim - Bankrate.com
Also: 8 Tips to Limit Your Exposure to ID Theft
Also: Former ID Theft Victim Helps Others

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Last updated: May 17, 2008: 09:23 AM

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