Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations. ...more

July 22, 2008

Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5 billion second-quarter loss that was smaller than the market expected. ...more

July 19, 2008

Wall Street shot higher Thursday, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names such as JPMorgan Chase and United Technologies. The Dow Jones industrial average rose more than 200 points, bringing its two-day advance to more than 480. ...more

July 18, 2008

Investors bailed out of investment bank stocks Monday as concerns about the credit crisis prompted one analyst to call for Lehman Brothers Holdings to go private. ...more

July 15, 2008

The bank executives who promised months ago the worst of the financial crisis had passed are looking less and less credible to investors. And that could pose a problem as the industry releases what are expected to be dismal second-quarter earnings over the next few weeks. ...more

July 15, 2008

The Federal Reserve was scrambling to prevent a "contagion" from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. ...more

June 28, 2008

Lehman Bros. Chief Executive Richard Fuld on Monday took the blame for the company's staggering second-quarter loss and said the investment bank was too slow in reacting to the credit crisis. ...more

June 17, 2008

The biggest rise in the unemployment rate since 1986 is an "aberration" and investors who sold equities Friday are "completely misreading" the outlook for economic growth, according to JPMorgan Chase & Co. ...more

June 7, 2008

What's in your mailbox? Chances are, fewer credit-card applications. ...more

June 3, 2008

Bear Stearns shareholders have approved JPMorgan Chase's buyout, ending the saga of the 85-year-old pillar of Wall Street that crumbled under the weight of its own wagers on high-risk mortgages. ...more

May 30, 2008