U.S. stocks slumped, threatening the 2011 gain for the Standard & Poor’s 500 Index, as concern grew that Europe’s debt crisis will hurt banks and an increase in jobless claims added to signs the economy is slowing.
BusinessWeek.com — Finance
U.S. stocks fell, threatening the 2011 gain for the Standard & Poor’s 500 Index, on concern Greece will default and signs the American economy is cooling down.
BusinessWeek.com — Finance
U.S. stocks retreated, snapping a two-day gain, on rising concern about a Greek bailout and growing signs that the American economy is slowing.
BusinessWeek.com — Finance
Japan’s debt rating was put on review for a downgrade by Moody’s Investors Service, adding to Prime Minister Naoto Kan’s fiscal challenges after an increase in joblessness and smaller-than-forecast gain in factory production.
BusinessWeek.com — Finance
U.S. stocks slumped, capping the longest weekly losing streak since August for the Standard & Poor’s 500 Index, amid concern Greece will default on its debt and as Gap Inc.’s profit forecast missed estimates.
BusinessWeek.com — Finance
Bank of England Governor Mervyn King said high debt levels pose “massive” economic challenges that would be exacerbated by increased long-term interest rates.
BusinessWeek.com — Finance
Europe’s sovereign debt crisis pushed DinoSol Supermercados into the hands of its creditors and prompted Bank of Ireland Plc to start selling 3 billion euros ($ 4.3 billion) of project finance loans to boost reserves.
BusinessWeek.com — Finance
Europe’s spreading sovereign debt crisis is making it tougher for Spain to pay electricity bills, and that’s infecting corporate bonds beyond its borders.
BusinessWeek.com — Finance
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