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  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Where the Layoffs Are—Is Your Firm on the List?

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Where the Layoffs Are—Is Your Firm on the List?

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Where the Layoffs Are—Is Your Firm on the List?

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Where the Layoffs Are—Is Your Firm on the List?

    The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Stocks Close Lower As Early Rally Fizzles

    Stocks closed lower as investors worried about the global economic downturn and enthusiasm for China's deep-pocketed stimulus plan faded.

  • Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • China Plan Juices Stocks; Techs Skid

    Stocks shot out of the gate Monday, boosted by China's massive stimulus plan.  Techs sat out the rally, dragged down by Dish Networks after the satellite TV provider's dismal results and Google after Microsoft announced a deal with Sun.

  • HSBC.jpg

    Europe's biggest bank HSBC Holdings said its profit in the third quarter was ahead of a year earlier as growth in Asia helped offset almost $5 billion in bad debts on U.S. home loans and asset write downs.

  • Stocks Rally on China Plan, AIG News

    Stocks shot out of the gate Monday, helped by developments in the financial sector and China's near-$600 billion economic stimulus plan, announced over the weekend.

  • Futures Jump on China Plan, AIG News

    Stock index futures pointed to a sharp rally at the open Monday, thanks in part to China announcing a near-$600 billion economic stimulus plan over the weekend.

  • Street crowd

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • boe_4.jpg
    Bank of England Could Keep Cutting to 0%

    The Bank of England's Monetary Policy Committee cut interest rates by a surprising 150 basis points, the deeper cut since the bank became independent in 1997, to help the economy fend off a recession.

  • Banks Seeking—And Getting—Capital Infusion

    Hong Kong dropped 12 percent to its lowest level in 5 years, S&P futures have swung in a 60 point range this morning, though they are well off their lows.

  • Financial Contagion Spreads in Europe

    European nations scrambled on Sunday night to prevent a growing credit crisis from bringing down major banks and alarming savers as troubles in financial markets spread around the world, accelerating economic downturns on three continents, the New York Times reported.

  • Dow Jumps 200 Points as Bailout Deal Nears

    Stocks logged a 200-point gain amid news that lawmakers are close to reaching an agreement on a Wall Street bailout.

  • Stocks Soar as Congress Nears Bailout Agreement

    Stocks shot up after a report that lawmakers are very close to reaching an agreement on a Wall Street bailout.