Stock prices in Europe fall sharply after G7 finance ministers fail to come up with new measures. Bank stock prices, in particular, tumble over concerns of spreading euro debt crisis.
2020 Olympics: Submitting bids to the International Olympic Committee by Friday's deadline were Rome; Madrid; Tokyo; Istanbul; Doha, Qatar; and Baku, Azerbaijan.
D.B. Cooper, as he has since become known, in 1971 hijacked a plane bound for Seattle, got $200,000 and a parachute in ransom for passengers, then jumped out into a stormy night. D.B. Cooper has never been found. The FBI says it has a new clue.
Debt plan compromise is reportedly close, which could give global markets a bounce. A default would add huge stress to already slumping markets.
Debt problems in US, Europe don't stop investors from buying up stocks. But analysts warn debt woes remain markets' primary concern.
Greece itself may be facing financial turmoil, but sales of Greek-style yogurt are booming in the US. The most popular brand, Chobani, sold about $500 million in yogurt last year.
Investors in Europe have set their sights on Italy, speculating that if a Greek bailout isn't approved and Athens defaults on its government debt, Italy is next.