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Dollar, stocks slide on debt gridlock

The dollar fell broadly on Tuesday as lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.

Dollar, Stocks Slip on Debt Fears

Dollar, stocks slip on debt fears
The dollar fell on Tuesday as U.S. lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
Traders work on the floor of the New York Stock Exchange

Futures slump as debt talks result in no deal

U.S. stock index futures fell sharply on Sunday as failure so far by the government to strike a deal on the debt ceiling made the prospect of default -- once considered an impossible outcome -- more likely.
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Alcoa's Revenues Beat Estimates

Alcoa was among the first big companies to report second quarter earnings Monday after the market's close. Alcoa posted the company's highest profit in a quarter in almost three years in the first quarter. In the second quarter, its numbers were in line with forecasts, beating estimates in revenue.

News Corp Sells MySpace for $35 million

News Corp paid $580 million for social media site Myspace six years ago, but today News Corp announced it has sold a majority of its MySpace ownership for $35 million.
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US stocks mixed in early trade

U.S. stocks were mixed in early trade on Wednesday with Nasdaq turns negative after Greece’s parliament approved key austerity bill to prevent a debt default.
Samsung and Apple's legal battle continues

Apple Slams Patent Suit Against Samsung in S. Korea

Apple Inc. has filed a patent suit with a court in South Korea, claiming Samsung Electronics copied its intellectual property, the latest in the companies' legal tussle over their best-selling smartphone and tablet devices.

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