Jan 11, 2012 In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.
Dec 29, 2011 The continent has had a dramatic year. The debt crisis seems to be in check right now, but there’s no telling what might happen next year.
Dec 28, 2011 It'll be the euro's 10th anniversary come New Year's Day. What economists predicted back then, and how true it holds now.
Dec 27, 2011 After signing similar deals with China and Korea, this third move shows that Japan might be on its way back to prominence.
Dec 27, 2011 With apologies to Walt Whitman, the Wall Street Poet considers the euro in verse, circa 2002 and the present day.
Dec 26, 2011 An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.
Dec 26, 2011 China and Japan announce plans to allow businesses to swap currency without dealing in U.S. dollars
Dec 14, 2011 Conflict in Washington continues over the possible extension of the payroll tax cuts, as experts disagree whether the measures help or hurt the broader economy. The SEC is pushing for a rule that would disclose the income gap between the average American worker and CEOs. It is about to get a bit more difficult to be a cab driver in Chicago. And what kind of football team will make its home in Los Angeles?
Dec 14, 2011 The euro fell to $1.29 today, its lowest since January. Experts say it's a sign Europe is still hurting, despite last week's proposed treaty to crack down on budgets.