Dec 7, 2011 Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
Dec 8, 2011 President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
Dec 7, 2011 European leaders meet in Brussels on Friday to try to work out the continent’s debt crisis. Greater fiscal cooperation is top of the agenda.
Dec 7, 2011 The troubles in Europe go back much farther than the birth of the euro, all the way to the days of Adolf Hitler.
Dec 7, 2011 Slovakia was a big opponent of the recent vote to extend the Greek bailout package. How will it react to plans to change treaties in the eurozone?
Dec 7, 2011 While the rest of Europe is ready to re-write treaties in the hopes of healing the debt crisis, British Prime Minister David Cameron is not ready to give up the interests of his own country.
Dec 6, 2011 Ireland was bailed out a year ago, and it is now facing another round of austerity measures. How are the Irish people faring in these stricter conditions?
Dec 6, 2011 Leaders in the U.S. are increasingly worried about the debt crisis in Europe. Treasury Secretary Timothy Geithner is on a grand tour this week to check in on progress there.
Dec 6, 2011 Yet another summit is planned in Europe this week to find a solution to the debt problems there. But is this summit the one that will produce results?
Dec 6, 2011 The latest threat for Europe comes from Standard & Poor's: a possible downgrade of 15 countries if the debt problems continue. Irish citizens are bracing for the fourth year of austerity. Author Robert Neuwirth says the informal economy could soon make up two-thirds of the world's workforce. Pollution in China could be a benefit for the U.S., and Microsoft sets out to revamp XBox Live.