Global markets are rallying, some to multi-year highs. But emerging-market shares remain far from recouping last year’s losses and investors are starting to warm to their cheap valuations.

The euro fell slightly as Greece’s prime minister struggled to strike a political agreement on new austerity measures needed to secure external financing.

For capital markets to function properly, investors, regulators and the public must believe that numbers don’t lie. But they are periodically confronted with the unsettling notion that profits and losses can be doctored.

The lenders are fearful of being perceived as bailout recipients that could subject them to potential political or regulatory interference.

The euro fell for a third day against the dollar as Greece struggled against the clock to cut a deal with its international creditors for a second bailout seen as essential to averting a messy default.

The euro fell for a third day against the dollar as Greece struggled against the clock to cut a deal with its international creditors for a second bailout seen as essential to averting a messy default.

U.S. corporate profits are showing signs of flagging, even as share prices reach multiyear highs. Margins are slipping as already-lean firms find it harder to continue cutting costs.

Cheap natural gas creates winners and losers. Coal miners fall into the latter camp.

Cheap natural gas creates winners and losers. Coal miners fall into the latter camp.

Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.

Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.

Treasury bonds sprang back to life after suffering a big one-day selloff at the end of last week.