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Does Spain deserve its financial battering?

The country, which is in its fifth year of recession, has recently proved ungovernable and has a debt it can probably never repay despite bailouts, may find itself forced to default and reissue its own currency.

U.S. stocks: Worst week of the year

Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.

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FACEBOOK'S MODEST DEBUT

Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price.

JPMorgan Chase loss only going to get worse

One thing seems clear about JPMorgan Chase's $2 billion loss. It's no longer $2 billion. It's likely much higher.

Europe fears pressure world markets

European markets were mixed Friday as investors remained anxious about Spanish and Greek banks, while Asian stocks sold off sharply amid worries of a further slowdown in China.

• No, Facebook didn't make Bono richest musician
• Facebook: Many mutual funds already have a stake
• Dear Greece, be careful what you wish for
• Spain's government to urge calm
• Moody's downgrades Spanish banks
• Senators to Eduardo Saverin: Don't come back.