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UK to offer banks cheap credit to boost lending
Britain's government and the Bank of England on Thursday outlined a series of emergency measures designed to kick-start lending by banks and to ...
Europe crisis spreads as Merkel resists big steps
A growing number of European countries are being squeezed by a financial vise just days before a Greek election that could escalate the region's ...
Stocks surge on expectations of central bank help
A report that major central banks would be ready to pump money into the financial system after the Greek elections this weekend gave the stock market ...
Some GOP VP hopefuls face common personal issues
Not that they're a step away from the poor house, but some of Mitt Romney's potential vice presidential running mates are grappling with the same ...
Even with short-term fixes, European future bleak
Europe's on-again, off-again progress in tackling its debt problems has kept U.S. investors on edge for the better part of two-and-a-half years.
Spain crisis deepens as borrowing rates soar
Spain's borrowing costs broke through another record Thursday after a credit ratings agency downgraded the country's ability to pay down its debt amid ...
UK government to announce bank reforms
The British government announced its proposals for reform of the U.K. banking industry on Thursday, aiming to prevent a repeat of the crisis which ...
JPMorgan CEO says execs may have pay taken back
JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have ...
Moody's downgrades Cyprus on Greek euro exit fears
Moody's credit ratings agency on Wednesday drove Cyprus deeper into junk status with a two-notch downgrade to Ba3 over an increased likelihood that ...
Spain calls for European integration to save euro
Spain faced mounting pressure Wednesday to bolster confidence in its financial system just days after accepting a €100 billion ($125 billion) plan to ...
Hopeful sign: Small manufacturers buy big machines
Small businesses that make machines and components for other manufacturers are experiencing an upswing that could be a sign of things to come for the ...
Closing arguments at NYC insider trading trial
A former Goldman Sachs board member fed secrets about the banking giant to a close friend and fellow Wall Street heavyweight who used the information ...
EU Commission: Bloc needs long-term plan now
The head of the European Union's executive body urged the region's leaders on Wednesday to show the world that they were ready to move closer together ...