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Stocks rose for a third day on Thursday on relief that a ratings cut by S&P in General Electric was just one notch and that no further cuts loomed, while data showed some stabilization in consumer spending.

U.S. stock index futures pointed to a lower open on Wall Street on Thursday, on rekindled fears over the global economic outlook and the stability of the financial system.

JPMorgan Chase & Co Chief Executive Jamie Dimon said on Wednesday he sees modest signs of an economic recovery and endorsed a plan to create a U.S. systemic risk regulator.

Not long ago, Americans were being offered as much as $100 just to sign up for a credit card. Now, up to $300 is being dangled as an incentive for them to give up their plastic. U.S. credit card issues are slashing rewards, raising interest rates and increasing fees as loan losses mount.

U.S. stocks posted their best day in four months on Tuesday after Citigroup said it was profitable in the first two months of 2009.

Citigroup Inc was profitable in the first two months of 2009 and is confident about its capital strength, Chief Executive Vikram Pandit said, easing concerns about the bank's survival prospects and sending its shares up 38.1 percent.

Stocks rallied strongly on Tuesday after Citigroup said it was profitable in the first two months of 2009 and a key lawmaker said he expects the reinstatement of a rule that hinders bets a stock will fall.

Stocks rose sharply on Tuesday as financials led a broad run-up from 12-year lows after reassurance from Citigroup about its performance, while investors turned hopeful about efforts to stem the economic slide.

Tyson Foods Inc, the world’s largest meat producer and marketer, said Monday, it has entered $1 billion new secured credit facility with JPMorgan as administrative agent and has closed its previously announced offering of $810 million.

Barclays agreed on Monday to acquire the Bear Wagner Specialists LLC operations from JPMorgan Chase & Co, a move that will leave the New York Stock Exchange with five designated market makers.

GE Capital said Monday it would sell $8 billion in bonds through the Federal Deposit Insurance Corporation's Temporary Liquidity Guarantee Program, which allows companies to issue debt with the backing of the U.S. government, a company spokesman said Monday.

Stocks fell to further 12-year lows on Friday as a bearish brokerage view on Apple Inc prompted a sell-off in technology shares and overhanging fears about the banking system's future weighed.

On March 5, America saw its stocks plummet to their lowest levels in more than 12 years as one of the world's most well known banks, and an icon of American manufacturing traded like money on monopoly board game.

One dollar could buy a cup of coffee, a pack of chewing gum, or a roll of bathroom tissue.

HSBC launched Britain's biggest rights issue, raising 12.85 billion pounds ($18.1 billion) on Monday to help it overcome big losses in the United States and exploit the woes of weaker rivals.

HSBC launched Britain's biggest rights issue on Monday, to raise 12.85 billion pounds ($18.3 billion) to help it overcome big losses in the United States and exploit the woes of weaker rivals.

HSBC launched a 12.5 billion pound ($17.7 billion) rights issue on Monday to shore up its balance sheet after annual profit more than halved and as bad debts soared in the United States.

HSBC launched a 12.5 billion pound ($17.7 billion) rights issue on Monday to shore up its balance sheet after annual profit more than halved and as bad debts soared in the United States.

HSBC , Europe's biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base during the global economic crisis, the Financial Times reported on Saturday.

HSBC , Europe's biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base during the global economic crisis, the Financial Times reported on Saturday.

HSBC, Europe's biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base in order to cope with the economic crisis, the Financial Times reported on Saturday.

Stocks headed for a sharp slide at Friday's open as news the U.S. government was taking a large common equity stake in embattled lender Citigroup sowed more uncertainty over the fate of major banks.

The U.S. government will boost its stake in Citigroup Inc to as much as 36 percent, bolstering the banking giant's capital base in one of the most dramatic efforts yet to prop up the ailing banking industry.

JPMorgan Chase & Co said it is cutting up to 14,000 jobs, more than previously disclosed, as it tries to reduce costs in the face of a slumping economy and higher credit losses.

JPMorgan Chase & Co said it expects to cut 12,000 jobs as it integrates the former Washington Mutual Inc , 2,800 more than its previous estimate. The second-largest U.S. bank also said on Thursday it expects about $2.75 billion of savings from Washington Mutual, offset by $750 million of new investments. Retail banking chief Charlie Scharf said the bank expects t...

JPMorgan Chase & Co said it expects losses of $1 billion to $1.4 billion in each quarter of 2009 tied to its non-credit-impaired home equity loan portfolio. The second-largest U.S. bank also said on Thursday that falling home prices may result in more borrowers with home equity loans owing more than their residences are worth. It said this could affect 35 percent to 39 percen...

A former municipal banker at Bear, Stearns & Co, pleaded guilty on Wednesday to fraud involving hospital financing that is part of a wide-ranging probe of government corruption in Illinois.

Stocks rose on Tuesday as investors snapped up beaten-down shares while reassuring results from Home Depot Inc boosted sentiment a day after Wall Street sank to a 12-year low. The benchmark S&P 500 index held a slight edge above its November bear market low as an advance in such shares as Bank of America and JPMorgan Chase eclipsed news th...

Stocks rose on Tuesday as investors snapped up shares in beaten-down sectors, including financials, a day after Wall Street skidded to a 12-year low. The benchmark S&P 500 index held a slight edge above its November bear market low, as JPMorgan , up 3 percent, and Citigroup , up almost 5 percent, led a rebound in financial shares. Shares of Home Depot <...