There is a powerful lot of wishful thinking going on about the American economy these days, starting at the very top.

FRANKFURT/NEW YORK (By Harro ten Wolde and Jonathan Spicer) - Deutsche Boerse and NYSE Euronext announced the creation of the world's largest exchang...

More than 70 percent of Americans say big bonuses should be banned this year at Wall Street firms that took taxpayer bailouts, a Bloomberg National Po...

Over at the Big Picture, Barry Ritholtz interviews Scott Patterson, the author of The Quants, a book on the math-driven traders who took over Wall Str...

Trading in credit-default swaps, Wall Street's fastest-growing business before the credit crisis, has tumbled 40 to 60 percent from three years ago as...

In mere days, my city, Chicago will be overrun by the worst of the worst. The lowest of the low. Criminals who have affected more lives than any mug...

(AP) NEW YORK — Lecturing Wall Street on its own turf, President Barack Obama warned financial leaders not to use the recovering economy to race...

One year ago next week, Lehman Brothers went bankrupt, Merrill Lynch was sold and A.I.G. was rescued by a huge federal bailout. In the wake of the glo...

One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little....

America's debts are bigger than the GDP of the world, so unless the world decides to gift America 100% of its profits for a year or more the U.S. can forget about digging its way out of the debt tomb.

Corporate chieftains worried about Congress's impending regulation of executive pay should remember: Most Americans don't get bonuses....

There is no such thing as a 'naked credit default swap.' Buying and selling avatars on Second Life using virtual money has more economic legitimacy.

Financial markets are recovering and the jostling for talent is intensifying as securities firms once again are making money -- and they look set to s...