U.S. mortgage applications surged to their highest level in four months in the latest week, fueled by soaring demand for home loan refinancing as interest rates plunged, an industry group said on Wednesday.

The Bond kings react to the Fed leaving the interest rate unchanged at 2 percent, while Morgan Stanley reports strong earnings numbers. Following are today's top videos:

Lehman Brothers filed for bankruptcy on Sunday to become the largest casualty of the global crisis, while Bank of America adds another slice to its growing financial services empire, buying Merrill Lynch in a $50 billion deal. Following are today's top videos:

CEOs from various industries gathered to talk about the recent events in the economy and its affects on their companies. Watch the following videos for what each had to say.

Foreclosures on U.S. properties climbed again in August, but emergency measures to help troubled homeowners may be tempering the housing crisis, foreclosures database firm RealtyTrac said on Friday.

Today marks the seventh year since the September 11 terrorist attacks—the Nymex and the White House obeserve a moment of silence to remember when the first plane hit the World Trade Center. Research in Motion's CEO talks about the company's new Blackberry—Bold. Following are today's top videos:

Lehman Brothers reported a record $3.93 billion quarterly loss, while top economists debated over the GSE takeover of Fannie Mae and Freddie Mac. Following are today's top videos:

Lehman's shares plunge as much as 43 percent of its value while Steve Jobs introduces a new line of colorful and extra-thin Apple iPods. Following are today's top videos:

Pending sales of existing U.S. homes fell more sharply than expected in July, partially erasing gains from the previous month, data from a real estate trade group showed.

Financials helped the Dow pull off a nearly 300-point gain Monday but techs limped to the finish line as nagging worries about a global economic slump found their way back into the market.

The air started to come out the Fannie-Freddie-inspired rally as the market started to float back to Earth.

People who default on a mortgage would lose their home within a year under European Union draft guidelines on foreclosures as housing markets turn sour in parts of the bloc.

The air started to come out the Fannie-Freddie-inspired rally as the market started to float back to Earth.

Stocks rallied, with the Dow up more than 300 points in the first few minutes of trading, as Wall Street cheered the bailout of Fannie Mae and Freddie Mac.