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.
Dec 9, 2011 The crisis in Europe has hurt worldwide demand for goods, and workers in China are protesting against the lost wages that come with decreased output
Dec 9, 2011 Britain and three other countries are out of the picture, but those remaining believe the new treaty will mean much more balanced budgets on the continent in the future.
Dec 14, 2011 A new fiscal pact leaves the U.K. and three other nations out in the cold, as European leaders scramble to convince investors that they have diffused the debt bomb at the European summit in Brussels
Dec 9, 2011 A deal was reached among the majority of countries in the European Union at today's summit, but a few countries are sticking on the sidelines.
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.
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.
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.
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.