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Hottest stocks of 2008, worst places for homeowner debt & the cell sell - Today in Money 4/22

In the News:

Hottest Stocks of 2008 (so far)
Some surprising names have performed well this year--and they have room to run. They include Allied Irish Banks, Home Depot, Lowe's, American Express, Time Warner Cable, Vulcan Materials and Verizon.
The Hottest Stocks This Year - Morningstar Stock Strategist

Worst Places for Homeowner's Debt
It's no secret that homeowners with subprime mortgages have taken a beating. Next up: those who have combined their mortgages with home equity loans, second loans or both. These combinations spell especially bad news for homeowners with the worst city being Sacramento. Other cities with high homeowner debt include San Diego, Washington DC and Colorado Springs.
Worst Cities For Homeowner Debt - Forbes.com


Renters Can't Escape Housing Crisis
The most brutal real estate slump in decades is reverberating through the rental market. Renters in properties that are being foreclosed on are being evicted. Homeowners forced into foreclosure are becoming tenants again and driving up rents. And renters not yet ready to buy a home - shut out by stricter lending rules or hoping to buy after prices fall still further - are creating a dynamic shift: Even as real estate is sputtering, the rental market is surging.
Renters can't escape housing foreclosure crisis - USATODAY.com

Justice for Air Travelers?
Ongoing chaos at the terminal prompts the government to revisit passenger's rights.
Amid Chaos, Government Revisits Air Passengers' Rights - SmartMoney.com

The Cell Sell
Cell phone advertising -- expected to rise tenfold by 2011, to $14 billion -- is getting more and more creative.
The Cell Sell - Mobile Advertising - Mobile Gaming | Fast Company

Project Rehab
Tim Gunn, the star of Project Runway, is trying to revive Liz Claiborne. Can he "make it work" or is it "auf Wiedersehen" for a once-great American fashion house?
Project Rehab -- Tim Gunn -- Liz Clairborne | Fast Company
Symbol Lookup
IndexesChangePrice
DJIA+29.8811,632.38
NASDAQ+21.922,325.88
S&P 500+5.191,282.19

Last updated: July 24, 2008: 08:56 AM

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