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Corn slides, reversing a gain from the day before

Corn prices are lower, reversing a sharp gain from the day before. Other agricultural futures also fell, but not as much.

Oil rises on hopes of avoiding debt default

Oil traders appeared more confident than stock traders Tuesday that the U.S. can avoid defaulting on its debt.

News Summary: Critic faults anti-bribe enforcement

SEEING NO EVIL: Half the world’s top exporters are doing little or nothing at all to investigate or prosecute multinational companies found using bribes in foreign markets, an anti-corruption watchdog says.

Gov’t: Most heating bills to rise this winter

The government forecast Tuesday that most households will pay more for heat this winter. Heating oil users will catch a slight break, but still pay near-record prices to keep warm.

Q&A: Why breaking federal debt limit sparks fear

Here’s the scariest thing about the looming deadline to raise the U.S. government’s borrowing limit: No one knows precisely what will happen if the limit is breached.

Stock Market

Stocks fall as investors wait on Washington

Stocks ground lower Tuesday as budget gridlock in Washington brought the U.S. closer to an unprecedented default on its debt.


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