Columns

Stocks Will Try to Stop the Recent Bleeding

U.S. stocks are down for three straight weeks, and last week was really ugly: The Dow lost 3.5%, and with declines in 12 of the past 13 sessions, the blue chip index is riding its longest losing streak in 37 years!  

Morgan Stanley CEO to Employees: Don't Expect Big Bonus

As he tries to calm investors' nerves over his bank's exposure to troubled European banks, James Gorman is warning senior bankers and traders to expect low bonuses this year and in some cases, zero bonuses.