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Ex-Bank of England member: Central bank action an ominous sign
Stacey Vanek Smith Dec 9, 2011
Markets breathed a sigh of relief last week as central banks around the world agreed to joint action to fight the European debt crisis. But according to someone on the front lines in 2008, this could mean things are worse than we know.
Germany's tough role in euro debt crisis
Stephen Beard Dec 8, 2011
Critics have been complaining that Germany has grown too dominant in the EU, a sharp turn from previous complaints that the country wasn't doing enough to solve the problem.
Smaller euro countries fear pressure from France, Germany
Stacey Vanek Smith Dec 8, 2011
Representatives from countries like Finland fear that tomorrow's summit could force their hand on some issues, and create a new culture in the eurozone where powerful countries trump the rest.
PODCAST: Bigger stockpiles, butter shortage
Mary Dooe Dec 8, 2011
Jon Corzine heads to Congress today to answer for the collapse of brokerage firm MF Global. The European Union is looking to the International Monetary Fund for bailout help, and that could have ripple effects in the U.S. Reporter Sally Herships looks at what other businesses can gain from big-box storse like Costco and Walmart. And the countdown to a big European summit is nearing its end.
Euro debt crisis has deep roots
Stephen Beard Dec 7, 2011
The troubles in Europe go back much farther than the birth of the euro, all the way to the days of Adolf Hitler.
Will Slovakia pose another threat to the EU?
Steve Chiotakis Dec 7, 2011
Slovakia was a big opponent of the recent vote to extend the Greek bailout package. How will it react to plans to change treaties in the eurozone?
David Cameron not ready to agree on treaty changes
Matthew Davies Dec 7, 2011
While the rest of Europe is ready to re-write treaties in the hopes of healing the debt crisis, British Prime Minister David Cameron is not ready to give up the interests of his own country.
Citigroup announces planned layoffs
Josh Brown Dec 7, 2011
Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts
Mary Dooe Dec 8, 2011
President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
PODCAST: The U.S. weighs in on Europe
Mary Dooe Dec 6, 2011
The latest threat for Europe comes from Standard & Poor's: a possible downgrade of 15 countries if the debt problems continue. Irish citizens are bracing for the fourth year of austerity. Author Robert Neuwirth says the informal economy could soon make up two-thirds of the world's workforce. Pollution in China could be a benefit for the U.S., and Microsoft sets out to revamp XBox Live.
