Nov 27, 2012 The Organization for Economic Cooperation and Development is reaching out to its members -- the rich governments of the world -- to shape up or risk a global economic calamity.
Sep 25, 2012 It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Sep 24, 2012 It's been four years since the investment bank Lehman Brothers went under, and a federal court in Australia has just found the bank liable for damages in a class action lawsuit over the sale of mortgage-backed securities.
Stacey Vanek Smith
Sep 10, 2012 The former Chief Restructuring Officer at the U.S. Department of the Treasury says the government could end up making $20 billion on the AIG bailout
Sep 6, 2012 Investors in Europe are calling today "Super Thursday": the day when the head of the European Central Bank Mario Draghi rides to the rescue and saves the euro. Draghi is set to unveil his much-heralded plan to end the eurozone debt crisis.
Aug 30, 2012 Four years after the financial crisis, it's like the chickens of 2007 and 2008 are finally coming home to roost.
Aug 28, 2012 Several countries in the eurozone are preparing to borrow by selling bonds. Each nation in the bloc is becoming more wary of buying the debt of its neighbors.
Jul 26, 2012 The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
Jul 6, 2012 In Europe, high courts have upheld workers' right to reclaim vacation days marred by illness or injury.
Jun 25, 2012 Greece's lenders had planned a visit to the country today, but wouldn't you know it: the brand new finance minister's been fainting and sick to his stomach. If Greece weren't so sad, it'd be funny; maybe it's still funny -- at least one guy thinks so.