The Debt-Ceiling War: Wall Street Could Be a Casualty

Debt and government spending are firmly at the top of the new Congress’s agenda. And just the threat that the U.S. wouldn’t pay its bills has traders worried and wondering if the U.S. could end up on the same chaotic economic p…

Is the Global Economy Rolling Over?

The recent tremors in global equity markets may have deep and disturbing roots. As investors are becoming aware, there is growing evidence that the economy is slowing down in Europe, Asia and the U.S. Here’s a look at some of t…

Dow Dives 178 Points on China Interest Rate Hike Fears

The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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