Stacey Vanek Smith
May 31, 2012 As investors cope with uncertainty in Europe, the interest on the 10-year Treasury note, the benchmark cost of U.S. debt, hit a record low of 1.6 percent.
Heidi N. Moore
May 30, 2012 Spain now pays more than 6.6 percent on its 10-year bonds. The U.S. pays just over 1.6 percent. Eurozone debt, however, may yet hurt both sides of the Atlantic.
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.
May 29, 2012 As if Europe didn't have enough on its plate, it now faces a big drop in the price of one of its biggest exports, olive oil. Seventy percent of the world's olive oil supply comes from Spain, Greece and Italy.
May 24, 2012 People in northern Italy are still dealing with the aftermath of the earthquake this week that killed seven. It struck hardest in some of Italy's richest farmland and ten percent of the world's supply of Parmesan has been affected.
Apr 27, 2012 Safe stocks? Risky bonds? Chris Farrell looks at a new investing paradigm.
Apr 11, 2012 U.S. stocks had their worst day of the year yesterday, in part because analysts say the European debt crisis is back after months of relative calm.
Apr 11, 2012 There were several massive earthquakes off the coast of Indonesia today, triggering tsunami warnings across the Indian Ocean. Those warnings have been cancelled and no serious damage has been reported so far.
Apr 2, 2012 The survey consensus was for no increase to slight increase in interest rates for 2012. Nothing dramatic. Very muted. There's no sense that the economy will turn gangbusters. At best, the economy will show modest gains in 2012.
Mar 19, 2012 The U.S. Treasury has profited from buying mortgage-backed securities during the financial crisis.