Stocks are sinking and bonds are rising as the ripples from US credit worries spoil the mood in European markets too. The FTSE 100 has dropped 1.3%, the most since May, and the FTSE 250 is off by 1% ...

This live blog has now ended — you can find the latest updates here. Phil Helsel There was flash flooding that approached homes in Mandeville — a city across from the New Orleans area, near Lake ...