Jun 12, 2012
But experts say the yuan is still substantially undervalued against the U.S. dollar. And the change won't mean much improvement in the persistent U.S.-China trade imbalance.
May 24, 2012
Euro leaders say they are committed to Greece staying with the euro, but talk of an exit is growing louder. Finance ministers have advised euro zone members to draw up contingency plans for what's being called an "amiable divorce" from Greece.
Mar 19, 2012
After turning down a similar package in June, Egypt goes back to the International Monetary Fund for help as its economy weaken and interest rates increase.
Feb 21, 2012
After months of wrangling and a marathon meeting yesterday, European finance ministers have agreed on a $170 billion plus bailout for Greece. That'll save the country from a messy default, but stability can be hard to get too excited about, for Greeks and banks that owned Greek bonds -- especially with the harsh terms of the agreement.
Feb 13, 2012
Greeks rioted over the weekend, burning dozens of buildings in protest against budget cuts that are the latest condition for a $170 billion bailout from the European Union and the International Monetary Fund.
Dec 8, 2011
The Europeans are starting to turn to the IMF for help with bailouts. Some in Congress are resisting. But withdrawing our help could have consequences.
Dec 9, 2010
Today's weekly unemployment numbers were down 17,000 from last week. These numbers are the second lowest of the year. Of course these numbers still...