Global stocks gyrate wildly; sell-off resumes in markets

NEW YORK—Back to reality for the stock markets—and back down. Negative investor sentiment in the United States spilled to Asia and then Europe as markets gyrated wildly amid concerns about America’s bleak economic prospects and fast-moving rumors about a sovereign rating downgrade of France as well as talk doubting the health of French banks. The [...]

Posted: August 12th, 2011 in Latest Business Stories | Read More »

US credit downgrade heightens global fears

Financial ministers from the Group of Seven (G-7) economies are planning urgent talks on world market stability as Middle Eastern markets tumbled on Sunday in the first sign of investor fallout from a historic US credit downgrade.

Posted: August 8th, 2011 in Latest Business Stories,Photos & Videos | Read More »

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