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By JENNIFER STEINHAUER and CARL HULSE The House speaker moved to shore up support on Wednesday as both parties fine-tuned their debt-ceiling proposals after Congress's budget office released reports on the plans. By THE ASSOCIATED PRESS Stocks were weighed down by worries that the United States could default on its debt or see its credit rating cut. By EDWARD WYATT Officials from the two largest rating agencies told a House panel that the American credit rating could be lowered. FiveThirtyEight By NATE SILVER The negotiations and discussions about the proposals on cutting the deficit and raising the debt ceiling looks to be mostly a matter of face-saving. By NICHOLAS KULISH Political leaders fear such tragedies could drive changes in public opinion as far-right parties react. |
| Multimedia The columnist David Leonhardt argues that a long-term commitment to the nation's fiscal health is more important than a short-term fix; Britain recognizes the rebels as Libya's legitimate government; and Amy Winehouse's record sales skyrocket. Opinion Opinionator Large-scale food irradiation probably makes sense as a safety precaution, but it's not likely to happen. |
BUSINESS
By JULIA WERDIGIER Greece's rating, already in junk territory, was cut further by Standard & Poor's, while Moody's Investor Service cut the rating for Cyprus. By SOMINI SENGUPTA The police announced the arrest of a 19-year-old man who they said was the spokesman of the group Lulz Security, which has claimed responsibility for a string of hacking attacks. By NICK BUNKLEY Daniel F. Akerson, the chief executive, appeared to put to rest recent speculation about a possible sale of the European unit. DealBook By DEALBOOK The owner of Dunkin' Donuts, which priced its offering at $19, opened at $25 in a robust trading debut. By DAVID STREITFELD In a market that many expected to be depressed for a decade, there are plans of building even more high-rise condominiums. |
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