With the spotlight shining bright on Rupert Murdoch, his media empire, and his political ties, British columnists are offering up searing critiques on every aspect of the phone hacking scandal. Here's a sampling:
Gold prices reached a record $1,610 an ounce Tuesday. But after Obama praised bipartisan debt-limit plan, gold prices fell $25.
Eurozone leaders will meet this week in Brussels to discuss the Greek debt crisis. German chancellor Angela Merket says the Eurozone meeting won't solve the crisis quickly.
Debt problems in US, Europe don't stop investors from buying up stocks. But analysts warn debt woes remain markets' primary concern.
Currency markets around the globe that are government-controlled, are hurting the US dollar. While some currency markets bump up and down, compared to the US dollar, others remain steady.
In the globally connected economy, financial pain in either Europe or the US has worldwide ripples.
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.
Europe doesn't just have a debt problem. It has a banking and growth problem. And leaders must recognize this as not just a Greek or Irish emergency, but a European crisis that needs cooperative, comprehensive solutions.
With high debt and falling stocks, Italy appears to be the next European economy on the brink. Investors and European officials are now sounding alarm bells.