How will the markets react to another government shutdown deadline?

False information from a Japanese newspaper moved investor activity.

More information comes this week.

Checking in with the summer consumer

A lot of new data point to a steady, but unclear future for the economy.

Markets fell yesterday just moments after House Speaker John Boehner (R-OH) said no substantive progress had been made in the latest fiscal cliff negotiations.

The markets tumbled Friday, but the declines were nothing compared to the Black Monday crash of Oct. 19, 1987. The Dow Jones shed 22 percent — the equivalent of a 3,000-point drop today.

The credit rating agency Moody's slashed the ratings of 15 of the world's biggest banks, including most of the big guys here in the U.S.

There were several massive earthquakes off the coast of Indonesia today, triggering tsunami warnings across the Indian Ocean. Those warnings have been cancelled and no serious damage has been reported so far.