turbulence

Rates on 30-year mortgages, which had been falling for five weeks, jumped sharply this week, reflecting the turbulence in global credit markets.

Investment bank Morgan Stanley is weighing whether it should remain independent or merge with a bank, give the recent turbulence in the company’s share price, CNBC reported.

Undaunted by recent turbulence in the financial markets, Visa Inc., the nation’s biggest credit card network, said Monday that it would forge ahead with what would be the largest initial public stock offering in United States history.

Undaunted by recent turbulence in the financial markets, Visa Inc., the nation’s biggest credit card network, said Monday that it would forge ahead with what would be the largest initial public stock offering in United States history.