Dec 1, 2011 Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.
Dec 1, 2011 "Lights-out machining" leads to layoffs for some workers but saves jobs for others.
Dec 1, 2011 The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.
Heidi N. Moore
Dec 1, 2011 There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.
Nov 30, 2011 The European Union is considering having a set of 'budget police' look over its countries' finances, but it still may not solve all the problems.
Nov 30, 2011 Pressure builds in Europe as clear signs begin to show that a default there would hit the U.S. banks hard.
Heidi N. Moore
Nov 30, 2011 To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.
Nov 30, 2011 Six central banks, led by the U.S. Federal Reserve, have announced a plan to inject dollars into the life support system keeping European banks alive. The move was meant to restore confidence in the global financial system.
Nov 30, 2011 The Netherlands' prime minister Mark Rutte discusses the future of Europe, the eurozone and the global economy.