Fitch issues warning on Greece and the US

The ratings agency is seeing the risk of a possible Greek and American debt default.

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The S&P 500 is down, but profits are up

The index has fallen 6.8% since 29th April, but valuations are at their cheapest levels in 26 years.

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The Internet moves into a new era

The Internet Corporation for Assigned Names and Numbers (ICANN), which until now allowed 22 suffixes including ".com" and ".org," will accept requests for almost any word in any language from January 2012 to April 2012.

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