People are keeping debt levels down, number of consumer bankruptcy filings plunged by 14 percent.

Tighter credit in years past means fewer need debts discharged today

The tightening of consumer credit during the economic downturn may be paying off now, as the number of consumer bankruptcy filings plunged by 14 percent during the first half of the year, continuing the steep decline that began last year.

The euro slipped to a two-year low against the dollar.

NEW YORK - The euro slipped to a two-year low against the dollar and a near 12-year trough against the yen on Monday over fears that Spain may need a bailout.