(NEW YORK)Shares of United Technologies Corp. rose in a short trading session Thursday, as the Dow Jones industrial average recovered from an annual low. In an abbreviated session that ended...READ MORE
(WASHINGTON)U.S. banks' trading profits fell 84 percent in the first quarter as they continued to be slammed by losses on mortgage-linked securities and other complex financial instruments.READ MORE
(NEW YORK)The Dow Jones industrial average ended lower on Wednesday, as shares of General Motors closed below $10 for the first time since Sept. 13, 1954. GM's stock ended the day at $9.98, ...READ MORE
(WASHINGTON)The pace of the mortgage industry's efforts to assist troubled borrowers declined in May, as critics questioned lenders' progress in aiding U.S. homeowners facing foreclosure.READ MORE
(LONDON)The United States must build a tougher regulatory system that can allow financial institutions to fail without causing wider economic turbulence, U.S. Treasury Secretary Henry Paul...READ MORE
(NEW YORK)Already trading at their lowest prices in more than 50 years, shares of General Motors Corp. declined Wednesday and took the biggest midday loss among Dow Jones industrial average ...READ MORE
(WASHINGTON)Mortgage application volume rose 3.6 percent during the week ended June 27, according to the trade group Mortgage Bankers Association's weekly application survey.READ MORE