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Europe faces up to the cost of austerity
Christopher Werth Feb 22, 2013
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
Global markets tank on concerns over Federal Reserve meeting
Jeremy Hobson Feb 21, 2013
On Wednesday, the central bank released meeting minutes which showed division over whether to continue its stimulative policy of quantitative easing.
The European debt crisis claims a new victim: Bulgaria
Stephen Beard Feb 20, 2013
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.
U.S. production falls, Chevy Silverado stalls
Jeremy Hobson Feb 15, 2013
The Federal Reserve said this morning that production at U.S. factories declined last month after two months of gains. Industrial production fell by 0.4 percent.
France's president says no to 'endless austerity'
Bethany Bell Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.
Which is scarier: Dow 14,000 or European debt?
Jeremy Hobson Feb 4, 2013
After a week of near-record highs, Wall Street appears worried again -- one of the culprits may be new concerns about the European debt crisis.
In Spain, corruption and austerity don't mix
Stephen Beard Feb 1, 2013
A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.
Another Fed meeting... Why bother?
Nancy Marshall-Genzer Jan 30, 2013
With interest rates locked near zero until 6.5 percent unemployment, what's the point of meeting until then?
Giving credit to the government for the bailout
Kai Ryssdal Jan 24, 2013
Alan Blinder, an economist and former vice chairman of the Federal Reserve, discusses why he thinks the government doesn't get enough credit for saving the U.S. economy from a much worse fate.
Fed transcripts from 2007 show divided board
Dan Bobkoff Jan 21, 2013
Newly released transcripts from 2007 show Federal Reserve officials were slow to act as the economy slid into recession.
