The good news is that Americans are living longer. But the bad news is that a longer life span translates into Americans needing more money than ever to live out their retirement.

Probes into subprime troubles mount (Tiscali)
The markets stabilised after a key Wall Street player in the securitisation of home mortgages, investment bank Bear Stearns Cos. , said problems with subprime mortgages have been contained to that sector.