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Citigroup announces planned layoffs
Josh Brown Dec 7, 2011
Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.
PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts
Mary Dooe 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.
Have austerity measures worked in Ireland?
Steve Chiotakis 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?
White House trying to avoid economic headwinds from Europe
Christian Fraser 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.
Eurozone threatened with downgrade if summit fails
Steve Evans 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?
PODCAST: The U.S. weighs in on Europe
Mary Dooe 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.
Is it too late for the euro?
Liaquat Ahamed Dec 5, 2011
The leaders of Germany and France met today to figure out a strategy to bail out the Euro. Is it too late?
Mario Monti unveils austerity plan for Italy
Jeremy Hobson Dec 5, 2011
The new leader of Italy has announced a plan for tax increases and spending cuts to deal with the ongoing debt crisis in the country
Italians react to Mario Monti's austerity plan
Steve Chiotakis Dec 5, 2011
After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.
Belgium ends 540 days without leader
Matt Cole Dec 5, 2011
Belgium, the country with the fifth largest debt load in Europe, has gone without a full-time government for over 500 days. Today, a prime minister was appointed.
