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Economic policy

EU seeks extra funding of $14 billion for 2013
The European Union's executive arm is certain to upset several of its 27 member states as it is seeking 11.2 billion euros ($14.4 billion) in ...
ECB, Eurogroup at odds over Cyprus rescue as model
Europe's leading institutions clashed in a rare sign of public discord Tuesday over what shape future financial rescues will take following the ...
Housing, manufacturing give US economy lift
Gains in housing and manufacturing propelled the U.S. economy over the winter, according to reports released Tuesday, and analysts say they point to ...
Consumer confidence falls in March
Americans are less confident in the economy than they were last month as massive government spending cuts have stoked economic uncertainty. It's just ...
SKorea, China, Japan begin free trade talks
South Korea, China and Japan launched the first round of negotiations Tuesday for a free trade bloc that would be the world's third-largest after ...
Asian stocks slip over effects of Cyprus bailout
Asian stock markets fell Tuesday as relief turned to worry over a bailout that prevents Cyprus from going bankrupt. The bailout, signed and sealed ...
Cyprus' banks to remain closed until Thursday
Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after striking a pre-dawn ...
Bernanke: Low interest-rate-policies benefit trade
Chairman Ben Bernanke said Monday that the Federal Reserve's low-interest-rate policies are helping to boost growth around the world, rejecting ...
Oil hits 5-week high on Cyprus financial bailout
The price of oil rose to a five-week high after Europe patched up the latest problem in its yearslong financial crisis. Benchmark crude for May ...
Top EU official: Cyprus bank rescue new template
Inflicting losses on banks' shareholders, bondholders and even large depositors should become the 17-country eurozone's default approach for dealing ...
Cyprus bailout lifts US stock markets
U.S. stock markets are opening higher after Cyprus clinched a last-minute bailout that saved it from bankruptcy. The deal between the Mediterranean ...
A look at the eurozone's 5 bailouts
Cyprus' bailout deal is the fifth agreed on so far in the 17-strong group of European Union countries that use the euro since the debt crisis began ...
Japan, EU agree to start free-trade negotiations
Japan and the European Union agreed Monday to start negotiations for a free-trade pact encompassing nations that account for nearly a third of the ...
A glance at the agreement for the Cyprus bailout
Authorities from Cyprus and the so-called troika of international lenders — the European Commission, the European Central Bank and the International ...
Asia stocks rise after Cyprus gets bailout loan
A last-minute package of rescue loans that saves Cyprus from a banking collapse and bankruptcy helped push Asian stock markets higher Monday.
Senate Democratic budget extends standoff with GOP
An exhausted Senate gave pre-dawn approval Saturday to a Democratic $3.7 trillion budget for next year that embraces nearly $1 trillion in tax ...
New US-EU talks threatened by agriculture spats
President Barack Obama used Washington's grandest stage — the State of the Union speech — to announce negotiations with Europe aimed at creating the ...
Late night: Senate Democrats work to pass budget
The Senate labored into the wee hours Saturday as Democrats pushed their first budget in four years toward passage, calling for almost $1 trillion in ...
Cyprus lawmakers approve key bills for bailout
Lawmakers in Cyprus approved three key bills Friday that aim to raise enough money to qualify the country for a broader bailout package and help it ...
Record crop insurance payout stirs subsidy debate
Farmers will be paid a record $16 billion in crop insurance claims for 2012 because of the widespread drought, a staggering amount that has critics ...
Key players in Cyprus' financial drama
The government of Cyprus is trying frantically to come up with a Plan B to avoid the country's financial collapse and possible exit from the euro ...
House passes GOP budget plan promising deep cuts
Moving on two fronts, the Republican-controlled House on Thursday voted to keep the government running for the next six months while pushing through ...
Cyprus rushes bailout plan as clock ticks
Cypriot politicians moved Thursday to restructure the country's most troubled bank as part of a broader bailout plan that must be in place by Monday ...
Saturday mail cutback still being debated
The new spending bill passed by Congress on Thursday appears to continue the requirement for six-day mail delivery, but some lawmakers and postal ...
Government funding bill sails through House
The House has passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government ...