Today's Top Headlines

Hedge funds suffer worst quarter since 2008 - CNBC

Short selling rises most since 2006 - Bloomberg

US corporate profit rebound loses steam - Bloomberg

Pre-orders for new iPhone set to hit record - FT

Emerging stocks head for longest rally in six weeks on Europe bank pledge - Bloomberg

Commodity shipping jumps to highest this year on high demand - Bloomberg

China's 'Golden Week' home sales volume falls as monthly prices decline - Bloomberg

China's stocks drop to two-year low after banks, property developers slump - Bloomberg

Beijing moves to shore up confidence in banks - FT

China's debt pileup raises risk of hard landing - Reuters

China 'faces subprime credit bubble crisis' - Telegraph

Bank of America, Morgan Stanley fuel financials' rally - MarketWatch

Dexia get $122 billion of state guarantees - MarketWatch

European Banks and Dexia Breakup: The scary math behind them - IBTimes

US stocks up almost 3% on Europe bank pledge - MarketWatch

Sprint hit with six downgrades - MarketWatch

Fannie Mae: September home-price expectations fall - MarketWatch

Silver treasure worth $18 million found in North Atlantic - NY Times

OECD indicators paint dark picture of global economy - Reuters

Half of population lives in subsidized household - The New American

Feldstein: 'Nontrivial' chance of another downturn (VIDEO) - WSJ

Occupy Wall Street spreads to London - Gather

How surburban sprawl works like a ponzi scheme - The Atlantic Cities