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Dow off over 200 points as economy, Greece hit Wall Street

Stocks fell the most in nearly three months on Tuesday with the Dow tumbling more than 200 points as recent government data rekindled concerns about global growth and a deadline loomed for private holders of Greek debt to agree to hefty losses.

Wall Street slides on economy worries, Greece

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Stocks were on track to post their worst day so far in 2012 on Tuesday as recent government data rekindled concerns about global growth and as a deadline loomed for private holders of Greek debt to agree to hefty losses.
John McCain

John McCain Urges Air Strikes on Syria: Administration Response

On Monday afternoon, Arizona Republican John McCain became the first U.S. Senator to call for air strikes against the Syrian regime of Bashar al-Assad. A senior Obama administration official said that the president and his advisers “share his concern and outrage about what’s taking place.
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A woman, whose child died from drinking tainted milk, holds a sign outside Shijiazhuang Intermediate People's Court

Yet Another Reason Chinese Economic Growth May Hit A Wall

The macroeconomic measures adopted under Deng Xiaoping -- infrastructure, deregulation, privatization, decentralization, attraction of foreign investment and improved access for exports -- must now give way to changes in how the real economy operates.
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Greece, economy worries hit Wall Street

Wall Street fell on Tuesday on renewed concerns that Greece and private bondholders may not meet a looming deadline to complete a debt swap and as caution grew over the global economic outlook after recent weak data.
A protester wearing a mask of Apple Inc founder Steve Jobs performs a street drama with local and mainland Chinese university students playing the role of Foxconn workers during a protest in Hong Kong May 7, 2011. A workers' concern group demonstrate

In China, Apple Faces Its 'Nike Moment'?

As Apple Inc, the world's most valuable listed company, braces itself for a report into alleged poor working conditions among its army of low-cost suppliers in China, it could heed the lessons from another big-brand retailer that faced similar issues two decades ago.
Crushed ore facility

Gold Falls More Than 1%, Falls Below $1,690

Gold prices fell more than 1 percent in Europe on Tuesday, pushing through support at $1,690 an ounce, as jitters over whether private creditors will agree to a Greek bond swap deal and wider euro zone growth pressured the euro versus the dollar.
Iran

West Offers to Resume Iran Nuke Talks; UN Gets Site Access

Iran on Tuesday said it will give U.N. weapons inspectors access to a secret military complex where it's believed work on a nuclear weapon may be taking place, as Western countries offered to resume talks with Tehran over its nuclear program.
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Wall Street set to fall on Greece, economy worries

Wall Street was set to open lower on Tuesday on renewed concerns that Greece and private bondholders may not meet a looming deadline to complete a debt swap and as caution grew over the global economic outlook after recent weak data.
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In China, Apple faces its Nike moment?

As Apple Inc, the world's most valuable listed company, braces itself for a report into alleged poor working conditions among its army of low-cost suppliers in China, it could heed the lessons from another big-brand retailer that faced similar issues two decades ago.
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Greece, economy worries weigh on stock futures

Stock index futures fell on Tuesday on renewed concerns that Greece and private bondholders would not meet a looming deadline to complete a debt swap, potentially opening the way for a messy default that could hurt neighboring economies.
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Stock futures fall on Greece, economy worries

Stock index futures fell on Tuesday on renewed concerns that Greece and private bondholders would not meet a Thursday deadline to complete a debt swap, potentially opening the way for a messy default.
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Myanmar to Float Currency in 2012/13, Unify FX Rates

Myanmar will begin a managed float of its currency in the fiscal year starting in April and wants to develop an interbank money market to end a black-market currency system that critics say deters investment and abets kleptocracy.
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Stock futures signal falls for U.S. equities

Stock index futures pointed to a lower open for equities on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 futures down 0.8 to 0.9 percent.
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Greece and growth fears send shares, euro down

European shares fell sharply and the euro hit a near three-week low on Tuesday on worries that Greece will not be able to complete a major debt restructuring deal and on growing concern that global economic growth is weakening.
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Wall Street slips as China trims growth target

Stocks fell on Monday for the second straight session and the third in the last four trading days, led lower by basic materials shares after China trimmed its growth target for 2012.

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