Debt talks enter make-or-break week

U.S. lawmakers working to rein in the country's rising debt said on Monday they will have to make substantial progress this week to ensure the country retains its top-notch credit rating.

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Debt holdings at lowest level

WASHINGTON - CHINA'S holdings of US government debt dropped to the lowest level in at least a year, Treasury data showed on Monday.

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Germany steps up demands for debt cutting campaign

The euro, stocks and oil endured another rough ride Monday as German demands that Europe confront its debt crisis with tougher rules rattled markets.

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MoneyGram makes $40 million debt prepayment

Payment services provider Moneygram International said Monday it notified its debt holders that it plans to make an optional $40 million repayment.

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Global stocks mixed as investors track Dubai debt crisis

Asian markets rallied on Monday, but Europe reversed opening gains, as investors digested moves by the United Arab Emirates central bank to soothe worries over Dubai's debt crisis.

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Moody’s cuts Discover Financial debt rating

Moody's Investors Service on Monday cut its senior unsecured debt rating for Discover Financial Services into non-investment grade territory, citing risks the credit card company faces from the prolonged credit crunch and recession.

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Ford completes tender offers, cuts $10B in debt

DETROIT -- Shares of Ford Motor Co.

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