Bank of America Corp. (BAC), Goldman Sachs Group Inc. (GS) and Citigroup Inc. had long-term credit grades reduced to A- from A byStandard & Poor’s after the ratings firm revised criteria for dozens of the world’s biggest...
BRUSSELS (AP) — The 17 finance ministers of the countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency — and to protect Europe, the United States,...
There will be no downgrades as a result of the supercommittee’s long-expected failure and likely none for the next year as a fickle American electorate decides whether it is going back into the arms...
Echoing a Reuters report on Friday from Brussels, the Sunday newspaper said the French and German leaders were prepared to back a deal with other euro countries that might induce the ECB to intervene...
Unless European leaders agree on a political remedy for their sovereign debt crisis at a December 9 summit, and the European Central Bank then intervenes massively to support government bonds and European banks, the...
The Occupy movement is taking on the biggest retail day of the season, calling on protesters to occupy major retailers on Black Friday, the day after Thanksgiving. “OCCUPY BLACK FRIDAY by occupying/boycotting large chain stores...
Los Angeles officials have offered Occupy L.A. protesters a package of incentives that includes downtown office space and farmland in an attempt to persuade them to abandon their camp outside of City Hall, according...
(Reuters) – Chinese Vice-Premier Wang Qishan warned on Monday the global economy is in a grim state and the visiting U.S. commerce secretary said China would spend $1.7 trillion on strategic sectors as Beijing...
Most Americans still believe that our weather patterns are 100% natural and that our government has absolutely no control over the weather. Unfortunately, that is not the case at all. What you are about...
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...
