Gold was down for the third day. Investors are beginning to wonder if the decade-long rally is over for gold as funds liquidate holdings.

Senate Republicans halt a bill that would take away multibillion-dollar tax breaks for oil companies. Wednesday, Democrats are expected stop a bill that would force Obama's hand on Gulf drilling permits. 'It’s summertime symbolic politics' in Washington.

Mitt Romney lays down the gauntlet to Republican contenders with a one-day fundraising haul of more than $10 million. His rivals probably won't be able to keep pace, but they may not have to.

AP - IMF chief Dominique Strauss-Kahn was placed under a suicide watch in jail, while pressure mounted on him to resign Tuesday and the hotel maid who accused him of attempted rape said through her lawyer that she had no idea who he was when she reported him to the police.

AP - Shipping already curtailed because of flooding that is plaguing the Mississippi River was halted for much of Tuesday when officials closed the waterway north of New Orleans in the latest tough decision to try to reduce pressure on levees protecting cities and towns.

AP - The Senate blocked a bill Tuesday that would repeal about $2 billion a year in tax breaks for the five biggest oil companies, a Democratic response to $4-a-gallon gasoline that might fare better when Congress and the White House negotiate a deal later this year to increase the government's ability to borrow.