German Backing Brings Greek Bailout Nearer - Bloomberg

Euro-area governments closed in on a deal to unlock a 130 billion-euro ($171 billion) aid package for Greece, seeking to avert the region

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Obama’s budget: Government still getting bigger

Taking a pass on reining in government growth, President Obama unveiled a record $3.8 trillion election-year budget plan Monday, calling for stimulus-style spending on roads […]

Warm winter creates winners and losers in U.S. economy

Halfway through what might turn out to be the second mildest U.S. winter on record, major parts of the nation’s economy are feeling the […]

Spain Set to Unveil Bank Overhaul to Clean Up Real Estate - Bloomberg

Spain is set to announce today its plan to shepherd struggling banks into mergers and make the industry set aside 50 billion euros ($66 billion) […]

Eurozone unemployment at record high

Unemployment across the 17 countries that use the euro ended 2011 at a record high of one person in every 10, official figures showed Tuesday, […]

School lunches to have more veggies, whole grains

Schoolchildren’s favorite lunch _ the ubiquitous frozen pizza _ is about to get healthier.
First lady Michelle Obama and Agriculture Secretary Tom Vilsack are expected to […]

1st session for new Islamist-led Egypt parliament

With Islamists comprising the overwhelming majority of its lawmakers, the parliament elected in Egypt’s first legislative vote after Hosni Mubarak’s ouster nearly a year ago […]

BOE Says U.K. Lenders Expect to Toughen Loan Terms on Euro-Crisis Impact - Bloomberg

U.K. banks (F3BANK) expect to toughen the criteria on loans to companies and households in the first quarter because of strains in wholesale funding markets, […]

Stocks falter after S&P’s Europe downgrade threat

Stocks wavered between small gains and losses in midday trading Tuesday after Standard & Poor’s expanded its downgrade threat against Europe to include the region’s […]

Statoil Q3 profit drop 25 percent on higher costs

Norwegian oil company Statoil ASA said Thursday its net profit fell by 25 percent in the third quarter, mainly due to increased production costs and […]