Apr 5, 2012 There are some economic headwinds blowing strong right now. And one of them is coming from Spain where a disappointing bond auction yesterday sent government borrowing costs to a 5 month high and renewed fears about the European Debt Crisis.
Stacey Vanek Smith
Apr 5, 2012 While the U.S. reported the lowest number of applicants for unemployment benefits last month, Spain is reviving worries about the situation in Europe.
Apr 4, 2012 Spain is suffering the highest unemployment rate in Europe right now and is trying to shrink a major budget deficit. Still, Spanish consumers are buying up pricey Apple products -- and the company is taking notice.
Mar 30, 2012 European finance ministers are meeting in Denmark today. They're reportedly adding $670 billion to their bailout fund. Ministers have been trying to figure out how big of a financial bazooka they need to defend Europe from speculators.
Mar 29, 2012 Spain has the highest unemployment rate in the European Union and the government is hoping changes to labor laws will kick-start the economy.
Mar 26, 2012 The Catholic church in Spain is trying to draw more members to its ranks by promising a "job for life," but that is problematic for a number of reasons.
Mar 20, 2012 Treasury Secretary Tim Geithner testifies on Capitol Hill Tuesday about the European Debt crisis, urging European countries to avoid 'draconian' budget cuts that could make matters worse.
Mar 8, 2012 Private bond holders have until this afternoon to decide if they'll take major losses on their investments in order to keep Greece out of a messy default, and avoid another global crisis.
Heidi N. Moore
Mar 8, 2012 Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.