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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.
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.
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.
Is it time for the U.S. to borrow big?
Juli Niemann Jun 5, 2012
Spain nears a credit crisis, worldwide markets are down, and U.S. borrowing costs near zero. Some economists argue this economic instant is the best time for the U.S. government to invest in infrastructure projects.
Fears of global slowdown sink markets
David Gura Jun 4, 2012
Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report that came out on Friday. But the negative market sentiment isn't just about jobs.
Europe contemplates centralized authority
David Brancaccio Jun 4, 2012
It used to be a pipe dream of some European officials just a year ago. Now, German Chancellor Angela Merkel is pushing for a central authority to regulate all the finances of countries that use the euro.
Letters: Real estate entaglements with family members
Tess Vigeland Jun 1, 2012
Tess is joined by senior producer Paddy Hirsch and credit expert Liz Weston to talk about credit utilization, bankruptcy amongst seniors, and the down side of buying real estate for your kids.
Solutions for Spanish banking crisis dwindle
Tom Burridge May 31, 2012
Spain's Deputy Prime Minister, Soraya Saenz, will head to Washington to discuss ways to resolve the Spanish banking crisis with Treasury Secretary Tim Geithner.
Obama sends economic adviser to Europe
Christopher Werth May 30, 2012
With borrowing costs spiking for Spain and Italy, the Obama administration has sent a top treasury official to Europe to encourage European leaders to take decisive action on their financial mess.
