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Goldman is looking to alter its business model that for the past decade produced huge earnings by making massive trading bets in various markets across the globe, according to people with knowledge of the matter.

As the securities firm's stock continues to spiral downward and investors remain jittery, insiders say the firm is making heavy layoffs--most occurring in its equities division.

Exclusive: A lavish party thrown in honor of departing Morgan Stanley Chairman John Mack has some current and former employees fuming. 

Exclusive: Newly uncovered emails and documents obtained by FOX Business reveal that Citigroup executives were in open insurrection against top management over risky, speculative investments that failed in spectacular fashion in early 2008.

One out of three builders now report to the NAHB that they have literally lost signed sales contracts during the prior six months because appraisals on their homes are less than the contract sales price, or even the cost of constructing the entire house.

After months of denying that it had plans to announce job cuts, the investment bank unveiled plans to slash 1,600 jobs on Thursday.

Exclusive: The men who ran MF Global before its demise have yet to inform a U.S. House subcommittee about whether they will voluntarily agree to testify in upcoming hearings investigating the firm's demise. They have until Monday morning to decide.

Since 1991, the nonprofit Adi founded in Ireland has delivered more than 90 million euros in direct and indirect humanitarian aid to the Chernobyl area.

Exclusive: Investigators examining the disappearance of MF Global client funds say it's likely workers at the firm violated securities laws.

Exclusive: As he battles rumors that his firm will be next to fail, Jefferies CEO Richard Handler is weighing whether a sale to a larger player is inevitable.

People inside what's left of MF Global are still clinging to the hope that the missing $600 million in customer funds can be found and is locked in collateral accounts at three institutions, the FOX Business Network has learned.

Americans are in a thrifty mood once again this Christmas season, expecting to buy more gifts that are on sale or discounted, says the Conference Board.

Twenty-three states have not yet established health insurance exchanges as mandated under the new health-care law, despite having received taxpayer money to do so.

Dave Says: Life can be hard enough without major health issues knocking you for a loop, but there are steps you can take to stay financially stable through the whirlwind. 

Dave Says: Life can be hard enough without major health issues knocking you for a loop, but there are steps you can take to stay financially stable through the whirlwind. 

Dave Says: Life can be hard enough without major health issues knocking you for a loop, but there are steps you can take to stay financially stable through the whirlwind. 

JPMorgan Chase says that MF Global got it wrong in its bankruptcy filing on JPMorgan’s exposure to MF Global.

EMac: Two top executives at Solyndra will decline to answer questions from the Congressional investigative panel at a hearing this Friday.

Donald Trump will accept gold bullion instead of dollars for a lease deposit Thursday from his newest tenant in one of his marquee properties.

Exclusive: Government investigators are signaling another round of enforcement actions that are likely to appear in the coming weeks.