Dec 8, 2011 European leaders gather in Brussels to discuss closer fiscal union and try to save the euro, but EU lawmakers are divided on the way forward.
Dec 15, 2011 The amount of money consumers owe in credit -- excluding mortgages -- grew by $7.7 billion in October, hitting a two-year high.
Dec 7, 2011 German Chancellor Angela Merkel and French President Nicolas Sarkozy lay out their plan for stricter budget controls for eurozone nations in an open letter to European Council President Herman Van Rompuy.
Heidi N. Moore
Dec 5, 2011 Merkel and Sarkozy propose amending the European Union treaty to impose budget discipline on spendthrift countries. Will markets be satisfied?
Dec 5, 2011 The new leader of Italy has announced a plan for tax increases and spending cuts to deal with the ongoing debt crisis in the country
Dec 6, 2011 France and Germany are finally on the same page, both saying they want to modify the treaty that originally created the eurozone. A key element automatically penalizes countries if budget deficits run too high. Hence, the world of the day: Automaticity.
Dec 5, 2011 I keep reading that the lesson of the past few years is to throw out the old rules of investing. I don’t buy it. My reaction is the exact opposite. The old rules of investing were hammered out over previous bear markets, such as the Great Depression of the 1930s and the Great Stagnation of the 1970s. They still work.
Dec 5, 2011 After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.
Dec 5, 2011 The leaders of Germany and France met today to figure out a strategy to bail out the Euro. Is it too late?