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…

Best and Worst Global Stock Markets of 2010

The big winners of 2010 scored returns far above those of U.S. markets by piggybacking on China’s ferocious growth. But rebounding American equities look mighty impressive next to the year’s real losers: the victims of the euro…

How Bad Could Ireland Get? Iceland Offers Some Clues

Despite widespread anxiety about the Greek debt crisis last summer, global markets recovered with minimum damage. Now, investors facing another crisis in Ireland may be tempted to draw a comforting lesson from the Greek experie…

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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Ireland in Crisis Talks With EU Over Bailout

Ireland headed into a confrontation Tuesday with leaders of the European Union and other struggling members of the eurozone on whether to seek a financial bailout as jitters continued to disrupt the continent’s financial market…