morgan stanley

UBS reports a second-quarter loss and will make its businesses more autonomous. JPMorgan Chase writes down $1.5 billion.

And Morgan Stanley's debt gets downgraded.

The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac.

Morgan Stanley is the latest investment bank to report big earnings losses. Host Bob Moon asks Standard & Poor's Chief Economist David Wyss what its news means for the economy.

Surging fuel costs slam FedEx earnings and force Northwest and United to make cuts. Southwest's hedges on oil prices pay off.

Morgan Stanley profit plummets.

Crude topped $139 a barrel at its high today after a Morgan Stanley analyst said he expects it to hit $150 by July 4.

Meanwhile, the dollar fell on news the E.U. central bank might hike interest rates. All that got speculators going.

John Dimsdale reports.

Morgan Stanley announced today it has collected $4 billion for a new infrastructure fund. Credit Suisse and General Electric did them one better, raising more than $5 billion.

Jill Barshay reports on where they're going to put all that money.

Morgan Stanley wrote off $9.5 billion worth of subprime mortgages last quarter, so you might assume its executives would be in for a grilling at the annual shareholders meeting.

Nope. There was little or no outrage voiced. Michelle Leder of Footnoted.org discusses why that is.

Gold falls under $1,000; crude oil drops 4.5%. Concerns about more write-downs at Merrill Lynch hit financial stocks.

Visa shares jump 28% on the company's first day of trading. Morgan Stanley profits are better than expected.

Positive earnings news from Morgan Stanley keeps stocks heading upward after Tuesday's pop. Visa debuts with record-setting IPO.

Home Depot is downgraded, while Countrywide gets upgraded.