Dec 7, 2011 Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
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.
Dec 6, 2011 Yet another summit is planned in Europe this week to find a solution to the debt problems there. But is this summit the one that will produce results?
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.
Dec 6, 2011 Ireland was bailed out a year ago, and it is now facing another round of austerity measures. How are the Irish people faring in these stricter conditions?
Dec 6, 2011 Leaders in the U.S. are increasingly worried about the debt crisis in Europe. Treasury Secretary Timothy Geithner is on a grand tour this week to check in on progress there.
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 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 Belgium, the country with the fifth largest debt load in Europe, has gone without a full-time government for over 500 days. Today, a prime minister was appointed.