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MW: Yen hits a 15-year high against the dollar
 
By MarketWatch
MARKETWATCH FRONT PAGE

Renewed worries about Europe's banking sector are undercutting risk appetite and lifting the Japanese yen. See full story.

U.S. stocks drop as Europe fears resurface

U.S. stocks decline over renewed concerns that Europe's banks are holding more risky debt than thought. See full story.

Obama planning infrastructure and R&D push

President Obama is set to announce a plan to speed business-tax write-offs, building on a plan announced over the weekend to spend $50 billion on infrastructure. See full story.

Obama unveils $50 bln infrastructure plan

President Barack Obama unveils a $50 billion plan to upgrade the nation's roads, airports and railways, choosing a Labor Day rally in Milwaukee to announce the administration's latest proposal to revive the economy. See full story.

July's trade balance data may unravel mystery

A fresh set of trade data to be released will be eagerly cross-examined by economists after last month’s report proved a cipher. See full story.

MARKETWATCH COMMENTARY

In the late 1990s, as Silicon Valley’s tech industry headed into boom-land, so too did New York City, writes Therese Poletti. See full story.

MARKETWATCH PERSONAL FINANCE

In this week's Realty Q&A, a retiree says his only debt is his $94,000 mortgage, and he wonders whether he should tap his 401(k) to pay off that bill. Lew Sichelman offers some advice.
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