Will debt downgrades doom the eurozone recovery?
Standard & Poor's docks the credit ratings of France, Spain, Italy — and even the rescue fund charged with bailing out struggling European nations
Standard & Poor's docks the credit ratings of France, Spain, Italy — and even the rescue fund charged with bailing out struggling European nations
A new report says the city of Joplin might not end up with any debt related to the May 22 tornado.
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A CENTRELINK debt recovery officer has been charged with "dealing with" 60kgs of silver allegedly stolen from homes.
The U.S. economy is well on the road to recovery but would be doing better if not for a repressive environment in Washington, Jack Welch, author and former General Electric chairman, told CNBC.
Federal Reserve Bank of Cleveland President Sandra Pianalto said the economic recovery faces “headwinds” such as “depressed” housing markets, the sovereign debt crisis in Europe and government spending cuts.
The euro and stocks stabilised today after last week’s sell-offs, but worries over Europe’s banks and caution ahead of Italian and Spanish debt sales this week left riskier assets vulnerable to further losses.
“An integrated and compelling account of where our debts came from—and why they won’t go away any time soon. Read this book for a somewhat disheartening but completely enlightening education—and then send ten copies to the White House and Capitol Hill.”
A strong U.S. jobs report boosted world financial markets on Friday, although nagging worries about Europe’s debt crisis pushed the euro currency to a new 17-month low against the dollar.
A strong U.S. jobs report boosted world financial markets on Friday, although nagging worries about Europe’s debt crisis pushed the euro currency to a new 17-month low against the dollar.The U.S. Labor …