Mar 20, 2013 Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.
Mar 11, 2013 Intrade, the online betting site, has shut up shop as it investigates financial irregularities. The Irish based company allowed customers to bet on a wide range of non-sporting events including U.S. elections and the Academy Awards.
Mar 4, 2013 Voters in Switzerland have approved a referendum to curb executive pay. The move comes less than a week after the European Union announced plans to cap banker bonuses.
Feb 28, 2013 EU officials have announced an agreement that would restrict the amount bankers can receive as as bonus.
Feb 15, 2013 A look at America's debt and deficit trouble through the lens of European economic standards.
Feb 5, 2013 In a lawsuit filed late Monday, the U.S. Department of Justice claims the credit rating firm Standard & Poor’s knew some $4 billion worth of mortgage-backed securities were risky.
Feb 4, 2013 Reports say the U.S. Department of Justice is preparing to bring civil charges against the credit ratings agency Standard & Poor's for their part in the financial crisis of 2008. Better late than never?
Jan 28, 2013 The housing crash not only touched off a wave of foreclosures, it torpedoed property values and the taxes cities and counties collect off them. But some localities are fighting back in an effort to reverse their budget shortfalls.
Jan 14, 2013 The head of the International Monetary Fund, Christine Lagarde, had reassuring words this morning about the state of the European economy. But the latest economic numbers tell a different story.