Stock index futures dropped on Monday as a political impasse in Washington's debt ceiling talks fueled worries of a U.S. default, knocking world equities lower and pushing gold to a record high.
Matt Smith and Karen Gillan return to the airwaves on the newest season of "Doctor Who" on August 27, and BBC America gave fans a primer on Sunday in the form of a new trailer for the season.
Wall Street futures fell, the dollar dropped and gold rallied as Washington appeared no closer on Sunday to raising the debt ceiling to avert a devastating default.
Stocks slipped while the Swiss franc rose and gold hit a record high on Monday as hopes for a political deal to avert a U.S. default began to fade, though investors were mostly seeking to protect their portfolios with no signs of panic selling.
Verizon Communications may have the iPhone, but the blockbuster smartphone has yet to pay off in its battle against AT&T Inc.
Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher costs for raw materials and labor, and its shares fell 6.5 percent in morning trading, dragging down the U.S. stock market.
Microsoft Corp smashed Wall Street's earnings estimates once more, helped by strong sales of its Office software and Xbox game console, but its shares fell on concerns about soft PC sales reducing demand for its flagship Windows product.
Wireless chip maker Qualcomm Inc's third-quarter profit was better than expected and the company raised its guidance for the current quarter due to strong demand for smartphones.
E*Trade Financial Corp reported a rise in second quarter profit on Wednesday as loan-loss provisions at the online U.S. broker dropped.
Banks in the European Union could face fines of up to 10 percent of turnover if they fail to comply with tougher capital and liquidity rules, the bloc's financial services chief said on Wednesday.
Goldman Sachs Group Inc rattled investors with earnings that fell far short of expectations because of sharp declines in bond trading revenue, long a key source of profits for the investment bank.
An Apple iPhone 4 which fell from a height of 13,500 feet miraculously survived and was found good enough to make calls with.
Shares of major U.S. airlines fell to one-year lows on Monday on uncertainty over the economy and expectations that travel will slow down in the fall.
James Murdoch's future as chairman of British Sky Broadcasting was thrown into doubt on Monday after minority investors called for a corporate governance health-check of its board in the wake of the News Corp phone hacking scandal.
Earlier reports that Max died were discredited by Coronado law enforcement
World stocks and the euro fell while gold hit record highs on Monday as disappointment over financial health checks on European banks and escalating U.S. and euro zone debt problems sent investors scrambling for safe haven assets.
U.S. consumer prices fell 0.2 percent in June, the first monthly fall in a year, with the annual inflation rate unchanged at 3.6 percent, still the highest the Labor Department said.
The economy may not see a strong pick-up in growth in the second half of 2011 as the number of Americans filing for first-time jobless benefits remained high last week and retail sales barely rose in June.
The number of Americans claiming initial unemployment benefits dropped last week, but remained elevated and retail sales barely rose, suggesting the economy would struggle to regain speed in the second half.
U.S. retail sales edged up 0.1 percent in June, after dipping 0.1 percent in May, as a rebound in receipts from auto dealers offset the biggest drop in gasoline sales in a year, the Commerce Dept said.
President Barack Obama and top lawmakers fell short on Monday of finding enough spending cuts for a deal to avoid an August 2 debt default and Republicans came under fresh pressure to agree to tax hikes.
A fan dies while trying to catch a baseball in the stands.
