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U.S. stocks resumed their rally after hopes of a big bailout for the Eurozone were rekindled.

Goldman Sachs Group Inc's bonuses are set to drop at least 20 percent this year and experts warn plunging revenue could push pay for the year even lower.

U.S. stocks soared on upbeat earnings from big banks and a report that Germany and France will endorse a gigantic bailout package for the Eurozone.

U.S. stocks extended their gains on news that German and French leaders agreed to expand the powers of the European Financial Stability Facility (EFSF) to two trillion euros.

U.S. stocks have climbed to positive territory on Tuesday in a volatile session.

U.S. stock indices turned positive on Tuesday on the back of strong performance from financials. Macroeconomic news was mixed.

Gold was set for its largest one-day fall in two weeks on Tuesday after U.S. bank Goldman Sachs reported a quarterly loss, which coupled with evidence of slowing Chinese growth and mounting Eurozone concerns, lifted the dollar.

Volatile markets and souring mortgages slashed earnings by nearly a third at Bank of America's wealth management businesses during the third quarter.

BofA Merrill Lynch raised its price target on shares of IBM following the company's third-quarter beat, and said it expected the blue chip to cut costs further, given the slowdown in IT spending.

Bank of America Corp, the largest U.S. bank by assets, reported a $5.9 billion third-quarter profit after selling shares of China Construction Bank and recording two accounting gains.

Goldman Sachs reported a third quarter loss of $393 million on Tuesday, marking only the second time the investment bank has had an unprofitable quarter since going public in 1999.

Bank of America Corp asked a judge to disqualify the law firm representing AIG in the insurance company's $10 billion mortgage-fraud lawsuit against the bank, alleging a conflict of interest by one of the firm's partners.

otal revenues jumped by about 6.6 percent from $26.9 billion to $28.7 billion.

Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank's main businesses showed signs of weakness as lending profits dropped and expenses rose.

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.

U.S. stock futures point to lower opening on Tuesday after new data showed that Chinese economy has expanded at a slower rate in the third quarter and quarterly results from IBM failed to impress investors.

China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

Wells Fargo & Company (NYSE: WFC) said its third quarter earnings grew 21 percent on improving credit quality. Its earnings came in above Street's view.

China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

Officials and big banks are working on a plan that would make refinancing available to some borrowers whose houses are worth less than their loans, so long as they are current on mortgage payments, the Wall Street Journal reported.

U.S. Rep. Peter Welch, D-Vt., wants Attorney General Eric Holder to probe banks and trade groups for potentially illegal collusion over new consumer debit card fees.

As he seeks to build momentum for what will likely be an arduous re-election campaign in 2012, President Barack Obama is signaling that he'll try to tap into rising populist voter sentiment by distancing himself from Wall Street.

Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.

Danica Patrick, NASCAR's sweetheart, is on a mission to get you healthy. She is fighting for COPD awareness and offering healthier meal options on race track menus.

Bank of America Merrill Lynch has joined forces with U.S.-based carbon portfolio manager TerraPass Inc in a bid to enter the nascent Californian emissions market, the bank said on Tuesday.

Bank of America is set to lose nearly all the mortgage market share it gained by buying Countrywide Financial Corp in 2008, in the latest sign of how painful the acquisition has been for the bank.

New York City's securities industry could lose nearly 10,000 jobs by the end of 2012, according to a report by New York state's comptroller Thomas DiNapoli.

Stocks prices went up Monday after German Chancellor Angela Merkel and French President Nicolas Sarkozy agreed to craft a bailout plan for the Eurozone.