MARKETS / FINANCE

The dollar slipped in early Asia-Pacific trade on Monday as investors looked for signs of progress to break the deadlock that will avert a U.S. debt default.

For most Americans, talk of a U.S. Government default is a little complex. What the American people really want to know is, assuming the U.S.Government defaults, where should one consider putting a portion of their money? Glad you asked.

Stocks dipped on Monday as lawmakers were locked in a standoff over dueling debt plans, but growing optimism over an eventual deal helped to limit losses.

U.S. lawmakers were locked in a standoff on Monday over dueling debt plans that offered little prospect for compromise, increasing the threat of a ratings downgrade and default that could sow chaos in global markets.

Many airlines raised fares in recent days to take advantage of a lapse in ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.

According to a recent study, between 2002 and 2007, the annual average number of chickenpox deaths was the lowest ever reported, with 14 deaths recorded in 2007 and just 13 the year prior, due to a particular vaccine. Chickenpox led to about 105 deaths a year during the pre-vaccine years of 1990 to 1994, researchers say.

Airbnb, a website that lets travelers rent rooms in private homes around the globe, has secured $112 million in a second round of financing from Andreessen Horowitz, DST Global and General Catalyst.

Banking regulators expect to release proposals for replacing the work of credit rating agencies in their regulations later this year when comprehensive proposals on tougher capital standards are unveiled, the Federal Reserve said on Monday.

Moody's cut Greece's credit rating further into junk territory on Monday and said it was almost certain to slap a default tag on its debt as a result of a new EU rescue package.

The International Monetary Fund warned on Monday the United States must raise the debt ceiling quickly and get its debts under control for the sake of the global economy.

Stocks dipped on Monday in a somewhat muted reaction to the political jousting in Washington, even after lawmakers failed to meet a weekend deadline to reach a debt deal.

The International Monetary Fund Monday underscored the need for Congressional Democrats and Republicans to get their act together: it said the U.S. must raise its debt ceiling quickly, and get its debt under control, for the good of the global economy

Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.

Secretary of State Hillary Clinton sought to reassure Asian investors over U.S. debt worries Monday, saying she was confident President Obama would ultimately reach a deal with congressional leaders to prevent a catastrophic default.

Baby Boomers - the size of your Social Security payment may be lowered, if the current mood in Congress prevails. That's because 'Gang of Six' debt deal plan negotiators want to change the inflation/cost of living formula -- a change that would result in smaller annual payment increases for inflation.

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans.

Stocks were set for a lower open on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

Once thought inevitable, a decisive move by the United States to one-world accounting is now in serious doubt.

Policymakers worldwide oscillated between hope and confidence on Monday that U.S. lawmakers will break a debt impasse that threatens to trigger a default and up-end global financial markets.

Stock index futures fell on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

Less than 9 days remain before the U.S. Government defaults on is debt, and the debt impasse continues. So far, institutional investor patience has been remarkable, as Asian markets were relatively calm in Monday trading. But how long can that last, if Washington remains gridlocked?

Stock index futures fell sharply on Monday as political brinkmanship in Washington over the U.S. debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

TD Ameritrade Holding's directors plan to discuss at a meeting Tuesday the possibility of trying to buy rival online broker E*Trade Financial Corp , the Wall Street Journal said, citing people familiar with the matter.

UniCredit , Societe Generale and Deutsche Bank may have passed the recent health check of Europe's banks, but they are likely to be among the first big lenders in need of cash if the euro zone crisis worsens.

Canon Inc <7751.T> posted a 30.9 percent decline in quarterly operating profit on Monday, hurt by production halts due to parts shortages after the March 11 earthquake, but it raised its full-year forecast due to a faster recovery than expected.

Stock index futures dropped on Monday as a political impasse in Washington's debt ceiling talks fueled worries of a U.S. default, knocking world equities lower and pushing gold to a record high.

On the face of it he buckled.Just two weeks after he insisted publicly we say no to selective default, European Central Bank President Jean-Claude Trichet agreed to a deal forged by the leaders of Germany and France that will result in exactly that.

A bitterly divided Congress set the United States on a collision course with financial markets on Monday as Democrats and Republicans pursued rival plans unlikely to generate the broad support needed to avert a catastrophic and unprecedented debt default.