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LIVE UPDATES: After Resolution, A Flood Of Bad News Out Of Europe

AP | SHAWN POGATCHNIK | Posted 02.15.2012 | Business

DUBLIN — Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would con...

This Economic Depression Will Run Until 2031

Matthew Lynn | Posted 02.15.2012 | Business
Matthew Lynn

The great 19th century depression lasted for more than two decades. The 21st century equivalent won't necessarily last quite so long -- but it isn't going to be over soon.

Seasoned Greetings: It's Another Ho-Ho-Horowitz Christmas!

Rick Horowitz | Posted 02.15.2012 | Comedy
Rick Horowitz

Tough times? Try some tunes! We've got political carols! Financial carols! Scandal carols! Carols from the world of sports! Yes indeedy, friends -- it's a holiday miracle!

Bonnie Kavoussi

Crunch Time: Bank Downgrade, Credit Squeeze Signal Possible Return To 2008 | Bonnie Kavoussi | Posted 12.15.2011 | Business

The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...

Eurozone Woes - Is The Union Falling Apart?

Seth Engel | Posted 02.14.2012 | World
Seth Engel

The original goals of the European Union of were peace, stability, security, economic solidarity and the promotion of humanitarian values. In the all-out effort to retain Moody's AAA status, it is integral to keep those goals ahead of us, not in the rearview mirror.

If the EU Were an Apple

Boyan S. Benev | Posted 02.13.2012 | World
Boyan S. Benev

This analogy is the result of a dark beer with a good friend.. Me (B): Imagine I had an apple N: OK B: What sort of apples do you like? N: Green, al...

Catherine New

Banks Face Crisis Of Confidence, As Europe Falls Further | Catherine New | Posted 12.15.2011 | Business

The crisis in Europe showed no sign of letting up on Wednesday, and analysts and observers warned of the potential for a sharp financial downturn over...

Institutional Reforms Can Lead Greece Out of the Crisis

Elena Panaritis | Posted 02.12.2012 | Business
Elena Panaritis

Resolving the deep and prolonged economic crisis in Greece requires a lot more than rescue funds. It requires more than short-term macroeconomic reforms and austerity measures.

Cyprus' Government Workers Protest Pay Freeze

AP | By MENELAOS HADJICOSTIS | Posted 12.13.2011 | Business

NICOSIA, Cyprus -- Thousands of Cyprus government workers held a three-hour strike Tuesday to protest a proposed two-year salary freeze they regard is...

Bonnie Kavoussi

Banks At Risk As Crisis Drags On | Bonnie Kavoussi | Posted 12.12.2011 | Business

Concerns about a global slowdown sharpened on Monday as markets cast a vote of no confidence in Europe's leaders. Economists and analysts expressed wo...

The Return of Germany

Nathan Gardels | Posted 02.11.2012 | World
Nathan Gardels

German dominance of Europe is already enough of a fact to prompt British Prime Minister David Cameron to opt out of any role in the future of a German-run European Union that would constrain British sovereignty.

Optimism for the Euro and Europe: The Win-Win Situation

Vivian Norris | Posted 02.11.2012 | Business
Vivian Norris

The United States, and in fact, the rest of the world, especially the fear-driven crisis-mongering media and markets, could learn a few things by slowing down, realizing it takes time to build healthy economies, especially such a new one as the European Union.

Why Teens Should Care About the Eurozone Crisis

Devon Kerr | Posted 02.11.2012 | Home
Devon Kerr

Europe's failure means a decrease in the global economy, alliances with Europe being tested, and probably, a double-dip recession in the U.S. economy. If the Euro goes down, we may go with it.

Report: Countries Face A 'Great Challenge' Economically For The Foreseeable Future

Posted 12.12.2011 | Business

An OECD report due for release this month will say markets and governments face an uphill struggle to fund themselves next year amid extreme uncer...

Bonnie Kavoussi

New European Treaty Won't Solve Immediate Crisis | Bonnie Kavoussi | Posted 12.09.2011 | Business

The agreement European leaders reached Thursday night was taken by some as a sign that the eurozone would avoid breakup. Not so fast. Economists, poli...

Bonnie Kavoussi

The Next Bank Bailouts | Bonnie Kavoussi | Posted 12.09.2011 | Business

The bank bailouts of 2008 created a firestorm of public anger in the United States. Now European leaders are trying to avoid the same fate. It's not l...

Tim Geithner Praises Italy's New Austerity Measures

AP | MARTIN CRUTSINGER and PAN PYLAS | Posted 02.07.2012 | Business

MILAN — The austerity plan devised by Italy's new government won wide-ranging support Thursday, with both U.S. Treasury Secretary Timothy Geithn...

Alice Hines

Bare Market: If Europeans Lose Their Shirts, American Retailers May Follow | Alice Hines | Posted 07.18.2012 | Business

In 1961, when Abercrombie & Fitch was still a hunting store, it sold Ernest Hemingway a "Boss," the double-barreled shotgun that he reportedly used to...

IMF Denies Report On $600 Billion Lending Facility

Posted 12.07.2011 | Business

The International Monetary Fund on Wednesday denied a report in Japan's Nikkei newspaper that the Group of 20 nations were planning to assemble a ...

German Chancellor Minimizes Possible S&P Downgrade

AP | DAVID RISING and SARAH DiLORENZO | Posted 02.05.2012 | Business

BERLIN — Plans by France and Germany to save the euro through closer European unity faced a serious challenge Tuesday from Britain, as deep divi...

Soros: Global Financial System On Brink Of Collapse

The Huffington Post | Bonnie Kavoussi | Posted 04.12.2012 | Business

Billionaire investor George Soros says that the global financial system is on the brink of collapse. Developed countries are falling into a "defla...

France, Germany Call For Automatic Punishments For Eurozone Countries That Overspend

AP | GREG KELLER and GABRIELE STEINHAUSER | Posted 02.04.2012 | Business

PARIS — Seeking to restore confidence in the euro, the leaders of France and Germany jointly have called for changes to the European Union treat...

Vice President Joe Biden To Greece: U.S. 'Standing With You In Solidarity'

AP | By DEREK GATOPOULOS | Posted 12.05.2011 | Business

ATHENS, Greece -- U.S. Vice President Joe Biden told Greek political leaders Monday his government is "standing with you in solidarity," at the start ...

EU Leaders Seek Agreement On Rescue Plan With Euro's Future At Stake

Posted 12.04.2011 | Business

PARIS (Paul Taylor) - The euro faces a decisive week as European Union leaders, urged on anxiously by the United States, seek agreement on a convi...

Bonnie Kavoussi

Arianna Says Greece Should Leave Eurozone | Bonnie Kavoussi | Posted 12.03.2011 | Business

Some economists have warned that the economic consequences for Europe could be dire if Greece leaves the euro. But Arianna Huffington, president and e...