Although China, the world's largest creditor, has bought European bonds in the past, experts doubts that it will invest in a new investment vehicle meant to alleviate the Europe debt crisis.
Fannie Mae and Freddie Mac: The overhaul, which would only help a fraction of the country's 11 million underwater borrowers, is the latest government effort to breathe life into the crippled US housing market.
Tech stocks were felled by a rare earnings miss at Apple, Inc. The Dow fell 72 points to 11504 after trading high for most of the day, as Apple's poor earnings results helped drag down tech stocks.
Ron Paul says it’s time to bring US troops home from Iraq and Afghanistan. He also says he's raised more money from current members of the armed forces than any other GOP hopeful.
Goldman Sachs posts higher-than-expected loss of $428 million. Quarterly loss is only the second since the firm went public.
Kinder Morgan purchased rival pipeline operator El Paso Corp for $21 billion, creating what will be by far the country's largest pipeline distributor of natural gas.
The Dow Jones industrial average fell 40 points to close at 11478, but an afternoon rally in technology stocks trimmed some of the market's losses.
A Greek (or Irish or Spanish or Italian or Portuguese) default would have roughly the same effect on our financial system as the implosion of Lehman Brothers in 2008