Greek deficit projected at 8.5 percent of GDP

Greece’s Finance Ministry said the Cabinet has approved Greece’s draft budget for next year, and that the country’s deficit this year is expected to reach […]

Carney says don

WASHINGTON

Clayton toymaker’s hermit crabs make Toys R Us’ hot holiday toy list

The Clayton-based toymaker that wowed the world with its robotic hamsters a couple years ago is hoping children will go gaga this year over its […]

ECB to provide banks with dollar loans

The European Central Bank has announced plans to provide banks with dollars in three medium-term loan operations through the end of this year.
The ECB said […]

Happy Labor Days Aren’t Here Again

As I approach my third Labor Day covering the employment beat, I’d like nothing more than to offer a glimmer of hope to the unemployed, […]

Russian bailiffs search BP’s office in Moscow

Oil company BP says Russian bailiffs are searching its Moscow office because of a minority shareholder’s lawsuit.
BP’s Russian spokesman Vladimir Buyanov told The Associated Press […]

Strong Swiss franc punches holes in cheese exports

The Emmental Show Dairy has cranked out tons of cheese for years. But now it’s in trouble _ production is down by a third and […]

Budget deficit slips to $1.28T; red ink continues

After months of unrelieved gloom and discord, Congress and President Barack Obama are starting to make a dent in the federal budget deficit. It’s projected […]

Obama to Congress: Work together to aid jobless

President Barack Obama says members of Congress should put country before politics, set aside their differences and find ways to get people back to work.
The […]

Stocks fall as traders worry over weekend

A growing belief that the country is headed toward recession gave the stock market its fourth straight week of losses.
The anxiety in the market was […]