May 8, 2012 The Spanish government could pump $9.1 billion into one of its biggest banks.
May 1, 2012 It's International Workers' Day -- organized by unions and left-leaning political parties across the world. Thousands of protesters are out on the streets in Greece, France and even Russia.
Apr 30, 2012 In a matter of days, two countries at the center of the European debt crisis will hold elections: France is on the verge of electing a socialist as president and Greece may also shake up its leadership. But it's Spain that's causing some heartburn today.
Apr 30, 2012 Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
Apr 30, 2012 Economist Edward Hugh discusses how Spain's economic woes compare to Greece and whether the country is "bailout-able."
Apr 23, 2012 McDonald's said today its profits were up 7 percent last quarter, thanks to a 9 percent rise in U.S. restaurant sales and a 5 percent boost in Europe. Also General Electric reported an 11 percent drop in profit during the first three months of the year.
Apr 19, 2012 France will try to borrow a lot more money today. But the low borrowing costs the country has seen every since the European Central Bank handed out a trillion dollars in emergency loans are no longer a sure thing -- that money may be running out.
Apr 17, 2012 Spanish oil giant Repsol currently controls Argentina's largest national oil company, but perhaps not for long.
Apr 16, 2012 The Commerce Department reports retail sales rose more than expected in March, by a solid 0.8 percent.