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Dollar, stocks slide on debt gridlock

Stock Markets
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.
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Alcoa Inc. (NYSE: AA)

Top Earnings at a Glance (SLIDESHOW)

The earnings season is when a large number of publicly traded companies release their quarterly earnings reports. The earnings season is so far topping Street views at a pace above typical quarters.
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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.

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