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Cyprus capital controls threaten fate of the euro
Stephen Beard Mar 28, 2013
Strict controls on the level of withdrawals have prevented a bank run in Cyprus. But the restrictions are raising fresh doubts about the future of the euro.
Is there a tipping point for U.S. debt?
Mark Garrison Mar 25, 2013
High debt equals low growth, right? That's a widely-held belief among the political class, supported by well-funded bipartisan PR campaigns. But many economists just don't agree.
No tax, no bailout? A worst case scenario for Cyprus
Stephen Beard Mar 20, 2013
Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.
Immigrants get creative to survive without credit
Jeff Tyler Mar 15, 2013
America runs on credit. But undocumented immigrants generally can't access traditional loans, forcing them to think like entrepreneurs to raise cash.
In Cyprus bailout, what's Russia got to do with it?
Stephen Beard Mar 15, 2013
European finance ministers are meeting in Brussels today, and at the top of their agenda is Cyprus. The small Mediterranean island nation, which has 850,000 people, is in desperate need of a bailout.
Americans are getting back together...with their debt
Kai Ryssdal Mar 12, 2013
Americans are reigniting their love affair with debt. Sure, it spurred a financial crisis. But it's also good for the economy.
Unemployment claims drop to five-year low
Jeremy Hobson Mar 7, 2013
The Dow is still in record territory in early trading this morning. The surge comes on the heels of strong jobs data from the Labor Department, which show applications for unemployment benefits have fallen to a five-year low.
In defense of clowns
Kai Ryssdal Mar 5, 2013
Germany's Circus Roncalli responds when the leader of the German opposition calls the frontrunners in the Italian election "clowns."
Markets reel over Italy election, China housing tax
Julia Coronado Mar 4, 2013
From China's new housing tax to the sequester here in the U.S., global markets have a lot of news to digest this morning.
Is Switzerland no longer a banking haven?
Christopher Werth Mar 4, 2013
Voters in Switzerland have approved a referendum to curb executive pay. The move comes less than a week after the European Union announced plans to cap banker bonuses.
