Analysts expect Morgan Stanley to report that it lost more than $500 million last quarter. The firm is paying for its decision to take a more conservative approach while others made more risky bets on the markets. Alisa Roth reports.
A state-owned Chinese construction company is raising around $7 billion in the world's biggest public offering since last year. With China's market up 75 percent, some view this as a bounce-back from recession. Scott Tong reports.
The name of the Build America Bonds (BAB) program implies that it's all about building roads and schools and things that ordinary taxpayers use. Shaky insurers have stalled the bond market, but government-backed Build America Bonds can help. Sally Herships reports.
CIT reportedly cut a $3 billion deal with its bondholders to avoid bankruptcy, and markets are responding favorably to the news. Steve Chiotakis gets more from Marketplace's Amy Scott.
Out of 57 national bank failures so far this year, the state of Georgia leads the country with 15. What's causing the trend? Bill Radke talks to Atlanta Journal-Constitution writer Paul Donsky.
Will the positive earnings reports from the banks continue? Steve Chiotakis talks to Sam Stovall, chief investment strategist at S&P Equity Research in New York.
Bank of America and Citigroup announced this morning they've done extremely well in the second quarter. Steve Chiotakis talks about the recent booming bank numbers with analyst Juli Niemann from Smith, Moore and Company.
This week, many large companies reported earnings for last quarter, and everyone's looking for signs that the economy is emerging from recession. Stacey Vanek-Smith explores how close we are with economist David Wyss.
Bank of America has benefited from its controversial buyout of Merrill Lynch. But regulators won't let the bank pay back their borrowed TARP funds anytime soon. Amy Scott explores why.
IBM and Google reported earnings yesterday, and both companies are up over last quarter. But the tech sector is still suffering. Mitchell Hartman explores some of the low points in this week's technology earnings.
