Faced with soaring oil prices, a falling dollar and the worst credit crisis in nearly a decade, the masters of global finance have a simple message for jittery markets: Be calm, we are keeping an eye on things. ...more

October 21, 2007

The Dow Jones industrial average dropped more than 360 points Friday - the 20th anniversary of the Black Monday crash - as lackluster corporate earnings, renewed credit concerns and rising oil prices spooked investors. ...more

October 20, 2007

'We who are about to die salute you.' A wary Art Cashin heard this phrase in its original Latin - morituri te salutamus - from a fellow trader and student of the classics early on a day 20 years ago that would earn the ignoble title Black Monday and serve as a lesson about the fragility of rising stock markets. ...more

October 19, 2007

Stocks extended their gains Thursday with a moderate advance as investors weighed fresh economic data, including a sharp drop in new home sales, for clues to whether more interest rate cuts are in the offing. ...more

September 28, 2007

Stocks rose soundly Wednesday after word that some of the problems dogging big companies such as General Motors Corp. and Bear Stearns Cos. could be on the mend. ...more

September 27, 2007

The default rate on U.S. mortgages is stabilizing, an American housing official said Monday, adding she didn't expect last week's cut in U.S. interest rates to significantly affect the number of defaults. ...more

September 25, 2007

Stocks rose soundly Friday, capping a strong week for Wall Street, as investors drew confidence from strong results at Oracle Corp. and a continued sense lower interest rates should help bolster the economy. ...more

September 22, 2007

Wall Street fell moderately Monday as investors anxiously awaited the Federal Reserve's impending decision on interest rates. ...more

September 18, 2007

Stocks advanced solidly Thursday, led by strong gains among the blue chips and mortgage lender Countrywide Financial Corp., which signaled a possible thawing in the credit markets with the announcement it had lined up additional financing. ...more

September 14, 2007

Wall Street finished a volatile session mixed Monday as investors grappled with the possibility that the Federal Reserve might not lower interest rates as much as they hope. ...more

September 11, 2007