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Wall Street up 2 percent as Europe concerns ease

Stocks rallied on Wednesday, reversing three days of losses on hopes the European debt crisis might ease after Germany's top court smoothed the way for Berlin's participation in bailout packages.

BNY Mellon grants ex-CEO Kelly $33.8 million in pay

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Bank of New York Mellon Corp has agreed to pay $33.8 million in severance and benefits to Robert Kelly, who stepped down as chief executive this week after disagreeing with the board over how to manage the company.
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Wall St tumbles after dismal jobs report

Wall Street stocks tumbled on Friday, with major indexes falling as much as 2 percent as data showed U.S. jobs growth flatlined in August, exacerbating worries the economy is faltering.
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Hurricane Irene Path 2011: Scenes of Evacuation Throughout the East Coast [PHOTOS]

Hurricane Irene could end up shutting down New York City for days. The city's subway and mass transit system closed at noon on Saturday, and ahead of Irene's arrival Mayor Michael Bloomberg said subways weren't likely to be reopened on Monday. Without a functioning subway system, New York would remain at a virtually standstill.
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Wall St dives on economic, European worries

Stocks dropped sharply on Thursday as data fueled worries the economy was weakening and bank shares tumbled on fears the European financial crisis could spread havoc to other parts of the world.

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