Aug 22, 2012 Shares of BHP Billiton are down this morning, after the mining giant saw profits fall for the first time in three years.
Aug 20, 2012 It's vacation time across Europe, but it's not all sunshine for Greeks. The debt-laden nation has fallen behind in implementing reforms and austerity measures.
Stacey Vanek Smith
Aug 20, 2012 This week, all eyes are on Greece. The country's prime minister is meeting with German and French officials. He's expected to officially ask for extension in meeting the country's fiscal targets.
Aug 15, 2012 Greece's current government took power in June -- since then the world's been waiting for the specific plan to push things forward with Europe. This morning, the Financial Times this morning has a look at the plan Greece's prime minister will bring to the table next week with German and French leaders.
Aug 2, 2012 Investors had been hoping that ECB President Mario Draghi would unveil something big to help solve the European debt crisis. Instead, Draghi offered only vague commitments.
Aug 2, 2012 In Frankfurt, the head of the European Central Bank Mario Draghi held a press conference. Everyone was waiting to see whether Draghi would announce new stimulus measures, after saying last week that he'd do whatever it takes to save the euro.
Aug 2, 2012 The head of the European Central Bank, Mario Draghi, is holding a press conference right now in Frankfurt. And global markets are hanging on his every word. That's because he said last week he'll do whatever it takes to save the euro, and today is the day we find out what that means.
Jul 24, 2012 The European Commission, the European Central Bank, and the IMF began meetings in Greece today -- they'd like to know what structural reform progress has been made in return for billions in bailout money.
Jul 23, 2012 New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
Jul 24, 2012 The Troubled Assets Relief Program -- TARP -- was the formal name for what we often just call "the bailout." In 2008 Congress allocated $700 billion to stabilize the U.S. financial industry. Congress and President Bush assigned one man to build a team, and police all that spending.