Economy
From Politics & Policy 3:56 pm
The financial markets appear to have already priced in Greece’s departure from the euro bloc.
From Politics & Policy 2:28 pm
U.S. Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, according to minutes for the central bank's April meeting.
From Politics & Policy 2:18 pm
Interestingly, Martine Aubry, the leader of the Socialist party rejected an offer to head a "super ministry."
From Economy 1:38 pm
The growing possibilities of an imminent Greek exit from the single currency bloc could drive up the value of safe-haven currencies such as the U.S. dollar and the British pound, while hurting a number of emerging Asian currencies that are sensitive to investors' risk appetite.
From Politics & Policy 1:27 pm
Tsipras has said he wants Greece to remain in the euro zone, but has demanded that bailout agreements be renegotiated by providing more favorable terms.
From Politics & Policy 1:03 pm
The Japanese government and local companies will buy a 10 percent stake in Chevron Corp. (CVX)'s Wheatstone natural gas field in Australia for 350 billion yen ($4.37 billion), Nikkei newspaper reported.
From Politics & Policy 1:00 pm
A new blend of ethanol in gasoline could likely cause billions in damages to millions of engines across the country said a final report released by the Coordinating Research Council on Wednesday.
From Economy 12:48 pm
General Electric Co. (NYSE: GE) said it would buy two mining equipment companies as it seeks to expand in the $61 billion global mining supplier industry.
From Politics & Policy 12:00 pm
The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on Wednesday.
From Economy 11:54 am
The surge in people killing themselves can be directly linked to “increased insecurity and uncertainty for the future.”