In a sad carnival of a trial currently playing out in U.S. District Court in New York, Frank DiPascali�who faces a 125-year prison term for infinite crimes as Madoff's longtime chief henchman�has turned government witness, testifying against five former Madoff ...
Wall Street banks avoided their worst fears of the Volcker rule after regulators crafted the ban on speculative trading to leave market-making operations intact.
The dollar edged lower against the yen during Asian trading Wednesday as investors took profits on the greenback's recent gains ahead of next week's Federal Reserve meeting.
... Stocks. * GM says closure of vehicle, engine plants to affect 2,900 jobs. * GM exit plans follows Ford, concerns about Toyota future.
NEW YORK (MarketWatch) - U.S. stocks ended lower on Tuesday, with the S&P 500 retreating from the previous session's record close and halting a two-session winning streak.