Barclays PLC will unveil a plan to acquire all or part of Lehman Brothers Holdings Inc.'s investment banking and trading operations, a person close to the talks said Tuesday. ...more

September 17, 2008

More than 200 years after it was born at the base of a buttonwood tree, Wall Street as we have known it is ceasing to exist. ...more

September 17, 2008

Paulson. Merrill Lynch. Lehman. Bernanke. Names are what investors start talking about at moments like this. Names, the faith is, will rescue Wall Street and, by extension, the U.S. economy. When a market crash is big enough, people are too panicked to think about the technicalities of reform. They think about the names they are losing and names who, they hope, will save the day. ...more

September 17, 2008

The Federal Reserve forged an extraordinary $85 billion rescue Tuesday night of insurance giant American International Group Inc., offering a respite from two days of chaos in the American financial system. ...more

September 17, 2008

The investment bank Goldman Sachs, the firm that has looked the best throughout the credit crisis, reported a profit Tuesday of $845 million, or $1.81 a share, in the third quarter, down 70 percent from a year ago. ...more

September 17, 2008

Merrill Lynch's shotgun sale to Bank of America will create the nation's largest financial services company - one that some say is too big to fail. Still, no one is breathing easy just yet. ...more

September 16, 2008

Will the U.S. financial system collapse today, or maybe over the next few days? I don't think so - but I'm nowhere near certain. You see, Lehman Brothers, a major investment bank, is going under. And nobody knows what will happen next. ...more

September 16, 2008

With Wall Street engulfed in crisis, the Securities and Exchange Commission is planning measures to rein in aggressive forms of short-selling that were blamed in part for the demise of Lehman Brothers and which some fear could be turned against other vulnerable companies. ...more

September 16, 2008

Oil prices closed below $100 a barrel for the first time in six months Monday, tumbling more than $5 as the demise of Lehman Brothers and the sale of Merrill Lynch fed worries about the U.S. economy. ...more

September 16, 2008

The bankruptcy filing by Lehman Brothers on Monday and the sale of Merrill Lynch to Bank of America over the weekend rocked Wall Street, so it's no surprise that the ongoing crisis has many average Americans nervous. Before you start pulling money out of your bank account or sell off investments, here are some things to keep in mind: ...more

September 16, 2008