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Spain asks for bailout, Fed sets new banking buffer
Jeremy Hobson Jun 8, 2012
One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.
Obama urges action on Euro crisis, jobs bill
David Gura Jun 8, 2012
Today President Obama urged Europe's leaders to act quickly to solve their economic crisis. On the domestic front, the president asked Congress to reevaluate the jobs bill he delivered to the Capitol last year.
Obama calls on Congress to act on jobs bill
David Brancaccio Jun 8, 2012
Today at a White house press conference, President Obama warned the American public of the banking crisis in Europe and the stalled congressional action on jobs legislation.
Spain succeeds in bond auction despite high borrowing cost
Stephen Beard Jun 8, 2012
Spain's government raised $2.6 billion at a bond auction this morning, but their financial crisis still looms with the banking system and government propping each other up.
Uncertainty lingers in Spain after bond auction
Tom Burridge Jun 7, 2012
Spain raised $2.6 billion in a bond sale this morning, but the higher interest rate of 6.1 percent shows that investors are still concerned that Spain has not wiped their hands clean of the financial mess just yet.
Market hope hangs on Bernanke
David Gura Jun 7, 2012
All eyes are on Federal Reserve Chairman Ben Bernanke today as he testifies today on Capitol Hill and announces his plans for interest rates and quantitative easing.
What's Up, Europe? Who's the most depressed?
Stephen Beard Jun 8, 2012
Europe correspondent Stephen Beard has embarked on a eurozone pub crawl, finding out how people in the continent's watering holes are feeling about their financial future.
Germany feels pressure of euro crisis
Stephen Beard Jun 6, 2012
The credit rating agency Moody's downgraded seven German banks today, noting their exposure to Europe's debt problems and slower economic growth.
Euro crisis tests role of ECB
Christopher Werth Jun 6, 2012
There was no cut in interest rates from the European Central Bank today, but some would like the ECB to take action soon.
What's up, Europe? Italy looks forward
Kai Ryssdal Jun 21, 2012
Italians are holding out hope that a meeting of European leaders on June 28 will prove to be a turning point in the euro crisis.
