Sep 27, 2012 In further austerity measures, the government imposes some $50 billion of tax hikes and spending cuts
Sep 26, 2012 Greece has been shut down today because of a huge nationwide strike. Fifty thousand people took to the streets of Athens and police fired tear gas after violence broke out near the parliament. The issue, of course, is austerity: The very unpopular budget cuts going on as part of the solution to the debt crisis.
Sep 26, 2012 More protests are expected in Spain today after some big demonstrations last night. There's outrage over a new round of budget cuts as Spain tries to avoid becoming the next Greece.
Sep 20, 2012 Mitt Romney and President Obama will be crisscrossing the state of Florida today. In recent weeks, one issue is becoming central to the campaign: Whether the government is over-regulating business.
Aug 6, 2012 The NASA rover Curiosity landed on the surface of the red planet late last night. And it was all hugs at NASA's Jet Propulsion Lab in California. That's because it took a lot of work -- and money -- to make this moment possible.
Jul 25, 2012 A report from the Congressional Budget office says President Obama's health care law could save the federal government $84 billion over the next decade. That savings is mostly because of the Supreme Court ruling last month, and a part of the law it ruled out.
Jul 13, 2012 Tomorrow is Bastille Day in France, the French will be celebrating despite the rainy weather and eurozone turmoil. This week French carmaker, Peugot, announced major layoffs, signaling the tough economic climate facing the country.
Jul 12, 2012 As the first batch of bailout funds arrives at Spain's banks, Prime Minister Mariano Rajoy has announced an austerity plan to slash the public deficit. This includes tax hikes and cuts to unemployment benefits.
Jun 29, 2012 Lawmakers in Washington are poised today to approve a bill that provides billions for transportation projects and lowers student loan interest rates.
Jun 6, 2012 Words like "austerity," "sequestration" and "equity" are commonly used in news stories everywhere these days, but do you know what they mean? Senior producer Paddy Hirsch explains their actual definitions.