Economy Feb 20

The headquarters of Morgan Stanley is seen in New York January 9, 2013. Photo by Shannon Stapleton/Reuters
Morgan Stanley to buy E-Trade for $13 billion

The deal is the latest chapter in Morgan Stanley's transformation from the scrappy, deal-doing, stock-trading investment bank to a more well-rounded financial firm.

Economy Jan 31

Obama appeals to CEOs to hire long-term jobless

President Obama has appealed to the nation’s chief executives to hire job applicants who’ve been unemployed long-term. The Bureau of Labor Statistics estimates nearly 4 million Americans have been without work for 27 weeks or more. On Friday, the president…

Jun 09

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The U.S. Treasury announced Tuesday that 10 large banks would be permitted to start repaying approximately $68.3 billion in total bailout funds they received from the government in the past nine months.

Ten large U.S. banks have been cleared by the Treasury Department to start repaying $68 billion in bailout money and begin to free themselves from an extraordinary government intervention program that began amid the global financial crisis.