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Bernard Condon

In an April 2, 2012 photo traders work on the floor of the New York Stock Exchange. Wall Street was headed to a lower opening Thursday April 5, 2012, with Dow Jones futures down 0.2 percent and S&P 500 futures losing 0.2 percent (AP Photo/Richard Drew)

Stocks drift lower on European debt worries

Bernard Condon The Associated Press

Last updated Thursday, April 5, 2012 - 8:57am

NEW YORK -- Stocks slipped early Thursday on renewed fears over the European debt crisis.

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In this Feb. 8, 2012 photo, specialist Michael O'Mara, right, works on the floor of the New York Stock Exchange. Stock markets fell Friday, Feb. 10, 2012, after Greece's crucial international bailout was put on hold by its partners in the 17-nation eurozone, a day after it seemed that the country's tortuous journey to pacifying its creditors had reached a conclusion. (AP Photo/Richard Drew)

Stocks slide at the open as Greek deal is held up

Bernard Condon The Associated Press

Last updated Friday, February 10, 2012 - 10:36am

NEW YORK -- U.S. stocks are opening lower after Greece's bailout deal was put on hold, a day after it seemed that the country had pacified its creditors.

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Stocks slip on the last trading day of 2011

Bernard Condon The Associated Press

Last updated Friday, December 30, 2011 - 10:49am

NEW YORK -- Stocks are slipping Friday on the final trading day of the year.

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(MEL EVANS/The Associated Press) In this Oct. 20, 2009 file photo, then New Jersey Gov. Jon S. Corzine answers a question during an interview with the Associated Press, in Trenton, N.J. The firm, MF Global, said Friday, Nov. 4, 2011, Corzine has resigned as chairman and CEO and will decline payments from a severance package worth $12.1 million, including cash and benefits.

Corzine steps down at collapsed firm, hires lawyer

Bernard Condon, Daniel Wagner The Associated Press

Last updated Saturday, November 5, 2011 - 3:57pm

WASHINGTON — He set out to create a mini-Goldman Sachs. In the end, he built a mini-Lehman Brothers.

Bankruptcy, Debt Crisis, Investigation, National Read more Comments

Muni bond bust could do big damage

Bernard Condon, The Associated Press

Last updated Thursday, December 2, 2010 - 10:19pm

NEW YORK -- It's the other U.S. debt problem.

States are scrambling to close $114 billion in budget shortfalls over the next year and a half. For now, they can borrow at curiously low rates in the bond market -- but they better hurry.

Lenders are still throwing money at the federal government despite its trillions of dollars of debt. But when it comes to states, cities and local governments deep in the red, their generosity appears to be running out.

Business, Deficit, Economy Read more Comments