Murdoch's Sun newspaper hit by hackers

    

    

Economy
Don't bank on stress relief in Europe
Don't bank on stress relief in Europe

Friday is shaping up as another missed opportunity to defuse the European debt crisis.


    
    
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    Poof! $8 billion lost from News Corp.'s market cap
    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.
        
      
   
    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.
        
       
   
    Concerns over U.S. and European debt drive gold prices to $1,602.40 per ounce. Prices also touch intraday high of $1,607.
        
       
   
    Bernanke said debt ceiling inaction will kill jobs - just what lawmakers say they want to fix.
        
     
   
    Uncertainty over a debt ceiling deal and European banks had markets on edge Monday.