Conservatives are rallying in support of a balanced-budget amendment in the run-up to a Friday vote, warning fellow lawmakers that it’s just about the only way to ensure Congress follows through on vows to...
Greece is bracing for a large rally to mark the anniversary of the student uprising in 1973 that helped bring down the country’s military dictatorship. The march is expected to be joined by protesters...
Pop the champagne — the U.S. debt just surpassed $15 trillion. The inauspicious milestone comes as Congress tries anew to slash billions of dollars from the federal budget and at least slow the rise...
The employee complaints about financial difficulties come amid continued legal turmoil surrounding MF Global’s implosion. The US Attorney’s office, the FBI, the Commodity Futures Trading Commission and others are investigating the circumstances surrounding the...
WASHINGTON (AP) — The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the...
The Bank of Japan (BOJ) has warned that the country’s economic growth may be hurt by the eurozone debt crisis, flooding in Thailand and a strong yen. It said the euro crisis was stifling...
ROME — Economist Mario Monti announced Wednesday he has formed a new Italian government, opting to put technocrats instead of bickering politicians in his cabinet to enact reforms that can save the country from...
(Reuters) – Where there’s muck, there’s money, the old expression goes. With 7 billion people now needing food on this planet, putting your money into soil and agriculture might be a long-term investment to...
The International Monetary Fund (IMF) has warned that China’s financial system “faces a steady build up in vulnerabilities”. In a review, publicly released on Tuesday, the IMF said that banks were robust enough to...
Yields on Spanish debt rose above 6 percent on Tuesday after Spain sold 3.16 billion euros ($ 4.8 billion) of 12-month and 18-month Treasury bonds at higher yields than in previous auctions. Italian government...
