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Rising use makes food stamps a target
Krissy Clark Jun 6, 2012
The recession has boosted the number of Americans on food stamps to 44 million.
Germany feels pressure of euro crisis
Stephen Beard Jun 6, 2012
The credit rating agency Moody's downgraded seven German banks today, noting their exposure to Europe's debt problems and slower economic growth.
Mayor of Stockton tries to avoid city bankruptcy
David Brancaccio Jun 5, 2012
The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.
What's Up, Europe? Shock and numbness in Greece
Kai Ryssdal Jun 21, 2012
The spotlight of the eurozone crisis moves to Spain, but no one has forgotten Greece. While the official unemployment rate there is above 21 percent, many more are working without pay.
Portugal's banks get $8 billion bailout
David Brancaccio Jun 4, 2012
Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.
Economic woes go global
David Gura Jun 4, 2012
May's jobs reports has worried investors worldwide about their short-term prospects. But there are more acute fears of a global slowdown, caused by what’s going on in Europe and emerging markets.
Europe contemplates centralized authority
David Brancaccio Jun 4, 2012
It used to be a pipe dream of some European officials just a year ago. Now, German Chancellor Angela Merkel is pushing for a central authority to regulate all the finances of countries that use the euro.
Ireland votes on EU fiscal discipline treaty
Stephen Beard May 31, 2012
Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.
Euro banking union could reduce Spanish burden
Andrew Walker May 30, 2012
The European Commission recommended today that Europe bring its banking system into closer union, so that stronger parts of the EU can help out weaker links without disrupting individual governments.
Obama sends economic adviser to Europe
Christopher Werth May 30, 2012
With borrowing costs spiking for Spain and Italy, the Obama administration has sent a top treasury official to Europe to encourage European leaders to take decisive action on their financial mess.
