The European debt crisis should serve as a warning that the United States must address its long-term budget problems, U.S. Federal Reserve officials said on Wednesday. Get the full story »
Inside these posts: Europe economies
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Irish bailout makes stocks fear more upheaval
Stocks were lower Monday at the start a holiday-shortened week, as news of progress on Ireland’s rescue package underscored concerns about other troubled European economies.
The Dow Jones industrial average fell 76 points, or 0.7 percent, about 2-1/2 hours into trade. The S&P 500 lost 7 points, or 0.6 percent, and the Nasdaq ticked down 1 point, or less than 0.1 percent. Get the full story »
