LONDON (Reuters) - Fears that the credit crisis is back rattled financial markets on Tuesday as a newspaper report added to previous woes by suggesting that U.S. giant Lehman Brothers may need to raise nore capital.

NEW YORK, May 20 -- U.S. stocks fell sharply Tuesday as concerns about surging oil prices, consumer spending and the credit crisis returned to the fore after several weeks of relative calm in financial markets.

CHICAGO (Reuters) - Top Federal Reserve officials on Thursday cited progress in alleviating months of turmoil in financial markets, but said a full return to normalcy was still some time away.

CHICAGO (Reuters) - Recent turmoil in financial markets underscores the need for banks to hold "generous" capital cushions, U.S. Federal Reserve Chairman Ben Bernanke said on Thursday as he urged them to actively raise money.

WASHINGTON -- Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday.

NEW YORK (Reuters) - Blue-chip stocks declined on Tuesday as oil rose to another record and underscored concerns about inflation, while the Federal Reserve chairman said financial markets are still troubled.

SEA ISLAND, Georgia (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday that emergency Fed liquidity measures have helped relieve strain in financial markets, but the recovery process remains incomplete.

Financial markets are starting to work better, Federal Reserve Chairman Ben S. Bernanke said today, but are still not functioning normally despite Fed intervention. Meanwhile, new data on retail sales suggests American consumers, though stressed, are not cutting their spending in a dramatic way.

NEW YORK -- Warren Buffett's comments on the investment outlook usually resonate, and those over the weekend were no exception: Panic in financial markets may be through, but that doesn't means it's the end of the economic and credit woes.

ZURICH (Reuters) - UBS (UBSN.VX) will cut 5,500 jobs in one the biggest purges seen so far in the financial markets crisis, as the Swiss wealth-management titan slashes at the investment bank that plunged it into turmoil.