Dec 5, 2012 If the U.S. falls off the fiscal cliff at the end of the year, countries across the pond could also suffer the effects.
Nov 22, 2012 European Union leaders are gathering in Brussels to hammer out a budget for the EU. And the task will not be easy with the continent still trying desperately to claw its way out of debt.
Nov 21, 2012 A meeting to agree Greece’s next round of bailout money has ended after almost 12 hours with no decision. Athens won't get vital bailout funds without an agreement.
Nov 16, 2012 The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Nov 15, 2012 The Federal Housing Administration may need taxpayer money as delinquencies mount on loans it guaranteed for first-time home buyers.
Nov 14, 2012 There are strikes going on this morning in Greece, Spain, Portugal, Italy and Belgium. Workers are protesting all across Europe against rising unemployment and austerity.
Nov 13, 2012 Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases -- its most aggressive austerity budget so far -- in order to receive their next bailout payment.
Nov 12, 2012 European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.
Nov 7, 2012 Car country played a big role in President Obama's re-election last night. Michigan and Ohio both benefited from the auto industry bailout and both went for the President last night.
Nov 7, 2012 What does Obama's victory mean for the economy, monetary policy, and the fiscal cliff? Exit polls showed a majority of Ohioans favored the auto industry bailout which may have put Obama over the edge in the swing state.