US Treasury unveils plan to buy time under debt ceiling

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Australia Stocks Slip, But Iron-ore Miners RallyComments Off

Australian stocks nosed lower early Tuesday, with the S&P/ASX 200 down 0.1% about 50 minutes into trade, extending a 1% drop in the previous session.

Japan Stocks Slink Lower, But Softbank, Sony GainComments Off

Japanese stocks started lower Tuesday despite benchmark futures having shown gains ahead of the open, with the market catching up to losses in Hong Kong and Sydney the previous day when Tokyo was closed for holiday.

Trump Bankruptcy Filing Negative For Atlantic City: Moody’sComments Off

The bankruptcy filing by Trump Entertainment Resorts earlier this month has negative implications for the municipal debt issued by Atlantic City, said Moody’s Investors Service in a report on Monday.

Markets Mixed on Tech Sell-Off and Interest Rate ConcernsComments Off

The U.S. markets were a mixed bag Monday. The blue chips posted gains, while tech stocks were particularly hard hit ahead of Alibaba’s IPO, which is slated to launch later this week and could be the largest initial offering in history.

Alibaba Raises IPO Price Range To $66-$68 a ShareComments Off

Alibaba Group Holding Ltd. said on Monday it will raise its initial public offering share price to between $66 and $68 after strong demand from investors, according to a report in The Wall Street Journal.

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