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By The Associated Press The euro fell below $1.25 for the first time in nearly two years on concerns that Europe won't be able to keep Greece in the single currency union.
By The Associated Press The euro fell below $1.25 for the first time in nearly two years on concerns that Europe won't be able to keep Greece in the single currency union.
The price of oil is holding near the lowest levels of the year.
The price of oil is holding near the lowest levels of the year.
U.S. stock futures are mixed ahead of the long holiday weekend on concerns over the lack of a concrete plan to keep Greece in the European currency union.
Stocks drifted between small gains and losses in midday trading Friday as investors focused on Europe's debt situation.
Spain's market regulator has suspended trading of shares in bailed-out lender Bankia ahead of a board meeting of the bank that is expected to decide on the amount of money it needs from the government.
The board of Bankia, the large Spanish bank that was taken over by the government, met Friday to discuss a restructuring plan that will include a request for more state aid, bolstering calls for a coordinated relief...
The Italian automaker Fiat, which controls Chrysler, says it is halting sales to Iran.
The Italian automaker Fiat, which controls Chrysler, says it is halting sales to Iran.
The women's clothier Talbots Inc. said Friday that a deadline expired without a deal in its exclusive talks about being acquired by a private equity firm and that it will actively pursue other options.
The women's clothier Talbots Inc. said Friday that a deadline expired without a deal in its exclusive talks about being acquired by a private equity firm and that it will actively pursue other options.
A left-wing, anti-bailout party in Greece has extended its lead ahead of next month's election, according to a new poll.
A left-wing party that opposes Greece's international bailout agreements has extended its lead ahead of next month's election, according to a new poll published Friday.
What defines sugar? It's getting to be a stickier question.
What defines sugar? It's getting to be a stickier question.
The U.S. government said Friday that China has made progress in allowing its currency to rise against the dollar and declined to accuse the nation of manipulating its currency to gain a trade advantage.
The U.S. government said Friday that China has made progress in allowing its currency to rise against the dollar and declined to accuse the nation of manipulating its currency to gain a trade advantage.
European stocks recovered Thursday from heavy losses the previous day, while the euro touched a 22-month low after the continent's leaders failed to reach a breakthrough in their crisis resolution efforts.
Concerns that Europe lacks a concrete plan to keep Greece in the currency union pushed markets lower on Friday, with the euro nearing a 22-month low.
