Europe stocks tumble after data, banks sink

MARKETWATCH FRONT PAGE

European markets move sharply lower on Thursday, with banks in the lead, after weak economic data in Europe and the U.S. spur selling, while yields un Italy and Spain jump. See full story.

U.S. stock indexes drop for third session

U.S. stocks decline, extending losses into a third session, after jobless claims fell to 359,000 last week, with the level a bit higher than expected. See full story.

Millennial Media shares nearly double in IPO

Millennial Media shares nearly double as it made its public trading debut on Thursday morning. CafePress also jump after IPO shares price above expected range. See full story.

Spain yields up on strike, budget jitters

Dirty streets, delayed trains and metro service and hassles for air travelers are the order of the day in Spain as a major national strike grips the Iberian nation. See full story.

Rajoy�s budget seeks to buy time for Spain

As Spanish Prime Minister Mariano Rajoy unveils his 2012 budget later this week, observers say he�ll likely buy some time in financial markets, but still faces what could be the most difficult year for the country�s embattled economy yet. See full story.

MARKETWATCH COMMENTARY

Instead of acknowledging that banks have become a part of government, we keep pretending they are private institutions, writes David Weidner. See full story.

MARKETWATCH PERSONAL FINANCE

If tumbleweeds are blowing through your bank account and you�re not sure how you�re going to pay your tax bill, take a deep breath. Most taxpayers have a number of options to slake the IRS�s wrath. See full story.