• Wall Street
Stocks fall sharply as Greek deal is held up

Stocks had their worst day of the year Friday after Greece hit a roadblock on its way to a critical bailout.

Oil prices tumble on European debt concern

Oil prices fell Friday with a critical bailout plan for Greece's economy in limbo, again raising the specter of bank failures and bankruptcies in Europe.

Greek PM says default would lead to "chaos"

Greece's future in the euro grew increasingly precarious Friday as violence erupted on the streets of Athens and politicians resigned from the government after

US video game sales fall 34 percent in January

U.S. retail sales of video game hardware, software and accessories fell 34 percent in January from a year earlier to $751 million due to the lack of new game

Stocks close higher after debt deal

The stock market finally got a deal in Greece, but it didn't produce much of a rally.

House passes insider trading bill

The House passed a bill banning Congress and executive branch officials from insider trading, but brushed aside a provision aimed at reining in those who pry

Quarterly loss hits $3.3B at Postal Service

Teetering on the brink of bankruptcy, the U.S. Postal Service's quarterly loss ballooned to $3.3 billion amid declining mail volume and the soaring costs of

Kodak to stop making cameras, digital frames

Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the

Pepsico to cut 8,700 jobs; 4Q net rises

PepsiCo said it plans to cut 8,700 jobs, or about 3 percent of its workforce, as it tries to offset higher costs for ingredients and increased spending on

Unemployment aid applications near a 4-year low

The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months.

Greece reaches austerity deal

Hours after Greece made the unpopular decision to slash government spending in an attempt to ease its debt crisis, Germany's finance minister questioned

States, banks reach foreclosure-abuse settlement

A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of

Beef prices expected to climb for next 2 years

Experts said retail prices for beef could climb as much as 10 percent a year in 2012 and 2013, and the increase could be even greater if demand from other

US jobs gap between young and old is widest ever

Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to

Stocks rally from early losses to close higher

Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on

Oil prices rise after US supply report

Oil prices climbed to near $99 per barrel Wednesday following government reports that U.S. supplies didn't grow as much as expected last week.

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