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.
May 30, 2012 The European Commission has recommended today that banks in the eurozone create a union to help regulate and bolster failing banks.
May 29, 2012 China and Japan move to trade each other's currencies directly, without using the U.S. dollar to set the exchange rate. The change is a new step toward a world where the dollar is not last word in global currencies.
May 29, 2012 Starting July 1, Australia will offer permanent residency to anyone willing to invest $5 million in an Australian company, venture capital fund, or government bonds.
May 29, 2012 A poll this weekend shows Greek voters support politicians who favor the EU bailout of Greece. Elections earlier this month rattled the markets when voters came out in favor of political groups that opposed the bailout and austerity.
Jun 21, 2012 Although Spanish culture frowns upon talking about money, a financial crisis there is teaching everyone a little more about economics.
May 29, 2012 Despite their name, rare earths are common. And now countries besides China, like Malaysia, are exploring how to make money mining for the key component in electronics.
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 28, 2012 Analysts say U.S. investors don't have much exposure to the Spanish bank.