IBT Staff Reporter

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Euro weakens broadly; S&P 500 erases 2011 gains

The euro weakened about 1 percent against the dollar and the yen on Wednesday, one day before an important auction of long-dated Italian debt, while U.S. stocks slid more than 1 percent on concerns about the economy in early 2012.

Analysis: U.S. online poker ruling at risk in future

While the Internet poker world salivates at the prospect of its business coming back to life thanks to an Obama administration ruling, a future president could reverse that decision and send the industry back to drawing board if it is not codified into law.

U.S. online poker ruling at risk in future

While the Internet poker world salivates at the prospect of its business coming back to life thanks to an Obama administration ruling, a future president could reverse that decision and send the industry back to drawing board if it is not codified into law.

Wall St drops on euro-zone worries, S&P

U.S. stocks fell 1 percent on Wednesday as renewed concerns about the euro zones prompted investors to sell equities after last week's hefty year-end rally, wiping out the S&P 500's gains for the year.

Fast Five, Hangover II among most pirated in 2011

Fast Five, Hangover II and Thor were among the most-pirated movies of 2011, according to a new list from the blog TorrentFreak. But some of the year's other biggest grossers at the global box office -- including the latest Pirates movie -- are notably absent from the top 10.

Darkest Hour full of dimwitted alien prey

Despite the fact that The Darkest Hour was smuggled into U.S. theaters on Christmas Day with no advance press screenings, I went in full of residual holiday good cheer, prepared to give this sci-fi movie the benefit of the doubt that all B-movies deserve.

Jeremy Renner on his Mission: Impossible

Actor Jeremy Renner scuffed around Hollywood for a decade before his career took off in 2009 when he was nominated for an Oscar in his starring role in the bomb-disposal war drama The Hurt Locker.

Review: Gay coming-of-age Pariah has come of age

If you've ever been to a gay and lesbian film festival, you've seen the story a million times -- teen hides sexuality from closed-minded parents, sneaks into a gay bar, finds true love, moves to the big city, dances to house music under the closing credits.

Euro at 11-month low; S&P 500 erases 2011 gains

The euro fell to its lowest level against the dollar in nearly a year on Wednesday, one day before an important auction of long-dated Italian debt, while U.S. stocks slid about 1 percent on concerns about the economy in early 2012.

Euro at 11-month low

The euro hit a fresh 11-month low against the dollar on Wednesday, one day before an important auction of long-dated Italian debt, while U.S. stocks fell about 1 percent on concerns about the economy in early 2012.

Italy short-term debt costs halve at auction

Italy's short-term debt costs halved at auction Wednesday as a new austerity package and an injection of cheap long-term money from the European Central Bank won Rome some respite in thin year-end markets.

Ron Paul 2012: More Reader Responses to Civil War Comments

On Friday, I criticized Ron Paul's suggestion in 2007 that the Civil War could have been avoided if Abraham Lincoln had chosen to buy the slaves and release them, and I challenged readers to come up with other alternatives to the Civil War. Here are some of their responses.

S&P 500 Erases 2011 Gains, Euro at 11-Month Low

Stocks fell about 1 percent on Wednesday on concerns about the economy in early 2012 while the euro hit a fresh 11-month low against the dollar before a key auction of long-dated Italian debt on Thursday.

Global stocks fall on thin volume, oil eases

Stocks fell on Wednesday as thin trading volumes discouraged investors from resuming last week's rally while oil prices eased after Iran's threat to close the Gulf was written off as rhetoric.

Stocks fall on thin volume, oil eases

Stocks fell on Wednesday as thin trading volumes discouraged investors from resuming last week's rally while oil prices eased after Iran's threat to close the Gulf was written off as rhetoric.

Whistleblower Documents Illuminate Case Against BNY Mellon

Confidential whistleblower documents that helped spark a massive state and federal investigation into how Bank of New York Mellon Corp charged pension funds for currency exchange, provide a rare window into how a bank insider aided a lawsuit against the bank.

LG Display plant in eastern China hit by strike

Workers at an LG Display factory in eastern China have gone on strike, halting some production, the company said on Wednesday, in the latest action by China's increasingly assertive workforce.

Futures point to higher open, volume seen low

Stock index futures pointed to a slightly higher open on Wednesday in what looks like another low-volume session, with investors waiting for the start of 2012 before placing any large bets.

Futures edge higher after Italian auction

Stock index futures edged higher on Wednesday in what looks to be another low-volume session, with investors waiting for the start of 2012 before betting on risky assets.

Stock futures rise, energy shares in view

Stock index futures edged higher on Wednesday in what looks to be another low-volume session, with investors waiting for the start of 2012 before betting on risky assets.

Oil eases after Iran threat, Italy gets debt boost

Crude prices broke a six-day rally on Wednesday after Iran's threat to stop the flow of oil from the Gulf was written off as no more than rhetoric, while a strong short-term Italian debt sale eased stress in European markets.

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