Oil prices closed below $100 a barrel for the first time in six months Monday, tumbling more than $5 as the demise of Lehman Brothers and the sale of Merrill Lynch fed worries about the U.S. economy. ...more

September 16, 2008

The field of possible buyers for Lehman Brothers narrowed Saturday, but the parties involved in the discussions over the wounded investment bank's future were at loggerheads over how to finance the rescue. ...more

September 14, 2008

The Wall Street firm that started the U.S. cotton trade before the Civil War and financed the railroads that built a nation might soon fade into history. ...more

September 13, 2008

Shares of Washington Mutual staged a late rally Thursday, recouping some of this week's steep losses as investors pumped money back into the banking sector despite ongoing concerns. ...more

September 12, 2008

Lehman Brothers has approached other major financial institutions about a potential acquisition or investment in the battered securities company, people close to the situation said Thursday. ...more

September 12, 2008

Countrywide's acquisition by Bank of America Corp. was supposed to help keep the troubled mortgage lender from collapse. Things might not turn out exactly as planned. ...more

August 16, 2008

Luxury homebuilder WCI Communities, which has a large, waterfront project under way in South Tampa, filed for Chapter 11 bankruptcy protection Monday morning. ...more

August 5, 2008

Congress' plan to allow people to refinance into more affordable mortgages won't just relieve thousands of homeowners - it's also expected to save the banks that issued the loans billions of dollars. ...more

July 29, 2008

A federal grand jury is investigating mortgage lenders Countrywide Financial Corp., New Century Financial Corp. and IndyMac Bancorp Inc., a person familiar with the situation told The Associated Press on Thursday. ...more

July 25, 2008

Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations. ...more

July 22, 2008