Poof! $8 billion lost from News Corp.'s market cap

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Poof! $8 billion lost from News Corp.'s market cap

Shares of Rupert Murdoch's media conglomerate fell another 4.3%, and Standard & Poor's warned it may downgrade the company's credit.

WebMD shares plunge, Apple rises

Some of the best tweets on stocktwits were focused around the ongoing earnings season - particularly Apple and webMd. News Corp scandal continues to trend high.

Gold prices top record $1,600

Concerns over U.S. and European debt drive gold prices to $1,602.40 per ounce. Prices also touch intraday high of $1,607.

Debt ceiling: Gun shot to the economy

Bernanke said debt ceiling inaction will kill jobs - just what lawmakers say they want to fix.

Stocks: Under pressure from debt worries

Uncertainty over a debt ceiling deal and European banks had markets on edge Monday.

Goldman says recession risk rising

A recession is "clearly a possibility," the bank that until recently was America's biggest booster said in cutting its economic growth forecasts yet again.

More stress for Spanish banks

Two banks are set to go public this week in Spain in a crucial test for the nation's troubled financial sector.

'Billions of barrels of oil' pumped with bacteria

Glori Energy says it can get 30% more crude out of a well by growing bacteria on the oil, but can they compete with the big boys?