Monday, August 8, 2011 Last Update: 2:19 PM ET

Investors Flee Risky Assets in 1st Trading Since S.&P. Move

The reverberations of the debt downgrade further shook stock indexes that had already registered deep concerns about the American economy and European debt crisis.

Downgrade Is Likely to Add Urgency to Debt-Cutting Panel

The U.S. credit rating drop may add pressure on a panel in Congress to suggest deficit-reduction measures beyond their original goal.

The Lede Blog
Latest Updates on the Market Upheaval

Gold up, oil down; bank stocks take a hit; markets react to Fannie and Freddie downgrades; President Obama spoke.

3 Arab Countries Recall Ambassadors to Syria

Joining a chorus of global condemnation, Saudi Arabia, Bahrain and Kuwait criticized President Bashar al-Assad’s brutal crackdown on protests.

Huntsman Runs on His Name, and His Father’s

Some wonder if, in pursuing the presidency, Jon M. Huntsman Jr. is chasing his father’s dream. He says he is pursuing nobody’s dream but his own.

A.I.G. to Sue Bank of America Over Mortgage Bonds

The company says Bank of America misrepresented the underlying mortgages on mortgage-backed securities.

New Outbreak of Violence Hits London for 3rd Night

Rioting and looting spread to the Hackney neighborhood, as hundreds of hooded youths confronted police officers.

Dog Helps Young Rape Victim Testify

The defense has appealed the use of Rosie, the first judicially approved courtroom dog in New York State, to comfort a witness recalling sexual assault.

Now Playing

The Golden Years, Polished With Surgery

Many over 70 are opting for plastic surgery, but with little research on older patients and invasive cosmetic procedures, there are concerns about safety.

The Stone: On Reverie

Born of the desire — and not the need — to be directly involved in our surroundings, reverie strips the world of its utility.

At 2:25 PM ET

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1,125.61
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10,891.13
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2,379.43
–152.98
–6.04%

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Travel »

Slovene Rhapsody

The Italo-Slavic hybrid on the coast of Slovenia is just one of many surprises in a tiny nation of around two million people.

 

Traveling by Bike, Practically Speaking

The author answers some of the practical questions posed by readers.

Auto Ego
A Classic in Hot Pursuit of Long Island’s Top Taco

Bill Powers and Cynthia Rowley of Manhattan keep their 1971 Cougar convertible on Long Island, where they own a surf shack.

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Corner Office: Alan Trefler
Your Opinions Are Respected (and Required)

Alan Trefler of Pegasystems, a business technology company, says that on his team, “it’s not enough to have an opinion — it has to be an informed opinion.”

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