These are my favorites in no particular order:

http://www.distressed-debt-investing.com/

http://ftalphaville.ft.com/blog/

http://www.zerohedge.com/

http://www.thereformedbroker.com/

http://www.ritholtz.com/blog/

http://www.abnormalreturns.com/

http://epicureandealmaker.blogspot.com/

Honestly the best way to stay on top of up to date financial news is a solid Twitter list. This is the most comprehensive financial Twitter list you will find: https://twitter.com/#!/moorehn/financial-markets

Others blogs worth checking out:

http://www.marketfolly.com/

http://www.calculatedriskblog.com/

http://wallstcheatsheet.com/

http://www.angrybearblog.com/

http://brontecapital.blogspot.com/

http://www.crossingwallstreet.com/

http://www.footnoted.com/

http://jeffmatthewsisnotmakingthisup.blogspot.com/

http://bonddad.blogspot.com