Summary Box: Europe worries send stocks lower (AP)

AP - EUROPE AGAIN: Reports raising concerns about European banks sent stocks lower in Europe, and the U.S. followed suit. The worries are over how much risky government debt is being held on their books.

Interest rates dip at weekly Treasury auction (AP)

AP - Interest rates on short-term Treasury bills fell in Tuesday's auction to the lowest levels since late June.

Stocks fall as worries about European debt return (AP)

AP - Stocks closed lower Tuesday following new worries about Europe's debt problems. Treasury prices rose and gold settled at a new high as investors sought out safe assets.

A look at economic developments around the globe (AP)

AP - A look at economic developments and activity in major stock markets around the world Tuesday:

A look at economic developments around the globe (AP)

AP - A look at economic developments and activity in major stock markets around the world Tuesday:

Obama's tax-break plan is seen as no quick cure (AP)

AP - Even if they were enacted soon, President Barack Obama's proposed tax breaks for businesses would hardly be a quick fix to rejuvenate hiring or the economy, analysts say.

How the major stock indexes fared Tuesday (AP)

AP - Stocks closed lower Tuesday following new worries about Europe's debt problems. News reports said European banks may have more risky government debt on their books than was disclosed during "stress tests" earlier this year. That could mean fees from regulators and more capital-raising by the banks to bolster their balance sheets.

Grim outlook for Democrats puts House up for grabs (AP)

AP - Their control of the House in peril, Democrats are playing defense all across the country. Disgruntled voters, a sluggish economy and vanishing enthusiasm for President Barack Obama have put 75 seats or more - the vast majority held by Democrats - at risk of changing hands.

Market falls amid Europe bank worries (Reuters)

Reuters - Stocks fell in very light volume on Tuesday as investors seized on renewed concerns about European banks as a reason to sell shares after strong gains last week.

Suddenly, a raft of tax-break proposals from Obama (AP)

AP - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much — if any — GOP help.

Summary Box: Worried investors turn to gold (AP)

AP - SEEKING SAFETY: Gold settled at a record high Tuesday as more worries resurfaced about European banks and the global economy.

Gold settles at record high amid economic fears (AP)

AP - Gold prices settled at a record high Tuesday following renewed worries about European banks and the global economy.

Bullish or Bearish? The World's Greatest Investors Debate. (The Motley Fool)

The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.

Summary Box: Obama to push for business tax breaks (AP)

AP - NEW MOVES TO AID ECONOMY: President Barack Obama will call on Congress to pass new tax breaks for businesses, a move aimed at spurring more economic growth and job creation.

Congress Republicans wary of Obama economy plan (Reuters)

Reuters - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.

NYSE Euronext in joint venture on carbon trading (AP)

AP - NYSE Euronext said Tuesday it plans to combine its European carbon trading unit with a U.S. firm to expand its environmental energy business.

Ex-budget chief differs with Obama on U.S. tax cuts (Reuters)

Reuters - Tax cuts should be extended for all Americans to help spur the economy, but even the middle-class cuts should end in two years, former U.S. budget director Peter Orszag said on Tuesday.

SEC probes "quote stuffing" practices: Schapiro (Reuters)

Reuters - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday.

Small investors quitting Wall Street: SEC boss (AFP)

AFP - The head of the US stock market watchdog said on Tuesday that individual investors have been turning away from equities since a May crash that exposed weaknesses in Wall Street's trading structure.

Small investors quitting Wall Street: SEC boss (AFP)

AFP - The head of the US stock market watchdog said on Tuesday that individual investors have been turning away from equities since a May crash that exposed weaknesses in Wall Street's trading structure.

NY AG Cuomo strikes student credit-card reform agreement (Reuters)

Reuters - The State University of New York has adopted new practices to help prevent students from falling victim to deceptive credit card marketing that can burden them with too much debt in tough economic times.

London gridlock as transport strike brings chaos (Reuters)

Reuters - Millions of commuters across the British capital struggled to get to work on Tuesday as a 24-hour strike by workers on London's underground rail system crippled much of the network, hurting the city's convalescent economy. Passengers took to bikes, buses, walked, or made use of extra boat services on the River Thames that runs through the city in a bid to beat the stoppage, called in protest at 800 job cuts driven by austerity measures.

20 most stressed, 20 least stressed counties (AP)

AP - Here are the 20 most economically stressed counties with populations of at least 25,000 and their July 2010 Stress scores, according to The Associated Press Economic Stress Index:

FTSE 100 closes lower (AFP)

AFP - London shares declined on Tuesday with weaknesses in the US market taking effect as Wall Street traders returned from a long holiday weekend.

SEC's Schapiro: "Flash crash" report expected by month end (Reuters)

Reuters - The top U.S. securities regulator said on Tuesday that the follow-up report on what might have caused the May "flash crash" is expected by the end of September.

Cuba to expand use of employee-run cooperatives (Reuters)

Reuters - Cuba will soon turn some small-scale manufacturing and retail services into cooperatives as the state retreats from minor businesses in an effort to boost the island's troubled economy, government and Communist Party sources said.

World stocks fall amid renewed Europe bank worries (AP)

AP - World stocks fell Tuesday, particularly in Europe, where concerns about the health of banks resurfaced and EU finance ministers created new financial oversight bodies but failed to agree on a bank or trading tax.

NYSE August US equity trading volume up 30 percent (AP)

AP - NYSE Euronext said Tuesday the trading volume for equity and derivative produces rose significantly in August, pushed up by a spike in U.S. equity trading.

Republicans could handle US economy better: poll (AFP)

AFP - Republicans in the US Congress may be able to handle the country's struggling economy better than President Barack Obama's fellow Democrats, according to a new national poll released Tuesday.

U.S. companies cut more aggressively in downturn (Reuters)

Reuters - U.S. employers were more aggressive about cutting jobs and otherwise lowering costs during the recession than their peers in other parts of the world, according to a global study by Towers Watson and Co , a global consultancy and professional services firm.

AP analysis: Economic pain failed to ease in July (AP)

AP - Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country.

Samsung warns DRAM oversupply on weak PC sales (Reuters)

Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.

European stocks fall, miners down on Australia vote (AFP)

AFP - Europe's main stock markets slid on Tuesday after a run of gains, with miners hit by the electoral result in Australia ahead of Wall Street's reopening after a US public holiday, traders said.

AIG seeks Sept 21 approval for AIA IPO: sources (Reuters)

Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.

SEC sees surge in fraud tip-offs: report (Reuters)

Reuters - The U.S. Securities and Exchange Commission (SEC) has seen a surge in tip-offs concerning alleged corporate fraud as the Financial Reforms Act offers millions of dollars in bounty payments to whistleblowers, the Wall Street Journal said.

As Democrats fear rout, Obama launches jobs push (AFP)

AFP - US President Barack Obama has pledged 50 billion dollars to create jobs in a massive transportation infrastructure campaign, targeting huge unemployment and ripping resurgent Republicans.

Global stocks, euro down on Europe banking concerns (Reuters)

Reuters - World stocks edged down from the previous day's one-month high on Tuesday while the euro fell broadly as renewed concerns about Europe's banking sector encouraged investors to pause after a recent rally.

Oil falls below $74 as traders look to US economy (AP)

AP - Oil prices fell to near $74 a barrel Tuesday in Asia as investors mull the strength of the U.S. economy and demand for crude.

World stocks gain, dollar falls (AFP)

AFP - Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.

Bad credit? For corporate borrowers, not a problem (AP)

AP - With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this year they look like they're part of a parallel universe.