wall street

Goldman Sachs seems to have avoided the financial crises of its Wall Street rivals so far, but it's expected to post its first quarterly loss in almost a decade.

Alisa Roth reports.

Procter & Gamble Co. and Google have been swapping employees since the beginning of the year. Host Kai Ryssdal talks to Ellen Byron from the Wall Street Journal about the unusual arrangement between the two.

Lehman Brothers' epic collapse two months ago marked a stunning turning point in the financial markets from which Wall Street is still recovering.

This was the year foreclosures soared, Wall Street transformed and the government opened its coffers to financial institutions.

The sagging economy is weighing on consumers and the trend of cutting back is being reflected in our lexicon.

At this time of year, we all like to spend a little extra. Instead, everyone's having to cut back. Yet that won't get the economy moving again. 

Bailouts are going to reckless Wall Street bankers, to homeowners over their heads and now maybe even to Americans hooked on credit cards. Where's the reward in doing the right thing?

The economic crisis has put a hold on holiday parties, as companies from Wall Street to Main Street cancel or cut back their seasonal festivities.

In the end, it was the travails of Wall Street - which he scolded 14 months ago for too often going for the "quick kill" - that enabled Barack Obama to seal the deal with America's voters last night and stand before 150,000 supporters in Chicago's Grant Park to declare that "this is our moment."

When money managers and mutual funds cite the long term to say recent losses don't matter, walk away. No one should get paid (or earn bonuses) for losing your money.

Lending rates fell Tuesday to levels not seen since before Wall Street's credit crisis erupted in mid-September.