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U.S. Federal Reserve Chairman Ben Bernanke testifies before a Senate Budget Committee hearing on the outlook for the U.S. Monetary and Fiscal Policy on Capitol Hill in Washington, in this February 7, 2012 file photograph.

Central Bank Preview: What Will Fed, ECB, BOE Do Next Week?

Next week could see some major worldwide financial implications, depending on what three of the world's largest central banks do at their scheduled meetings.

Spain: The Next Wave Of The Financial Crisis Arrives

The Spanish crisis, last week’s German vote, talk of a possible withholding of funds for Greece, and now the downgrading of the credit outlook for Europe’s strongest economies, point to a worsening of the financial crisis, a reduction in support for the euro, and a global economy increasing at risk.

Asian Stocks Fall On Spain Worries; Apple Results Hit Tech Shares

Asian stock markets declined Wednesday as mounting concerns over the euro zone debt crisis continued to weigh on the sentiment while disappointing earnings from Apple hit tech shares.

Trader reacts at his desk in front of the DAX board at the Frankfurt stock exchange

European Markets Fall As Economic Concerns Persist

Most European markets fell Wednesday as investors continued to have concerns of the worsening economic conditions in the euro zone.

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A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt

Euro's Falling Value: A Solution To The Crisis, Or A Symptom?

A declining currency value could be a boon for Europe and a final solution to the ongoing crisis, economists say.

LIVERPOOL TRANSFER RUMOURS: Borini Deal Announced; Will Dempsey, Negredo Be Next?

Liverpool have completed their first signing of the Brendan Rodgers era and more could soon be on the way.

50-50 Chance Of Euro Zone Split: Analyst

The euro zone will not disintegrate. Instead, there is a fifty-fifty chance of a split between the financially sound countries and economically weaker ones, the Economic Outlook Group said on Friday.

MANCHESTER UNITED TRANSFER RUMOURS: Van Persie, Modric, Moutinho and Witsel Involved In Latest Speculation

Manchester United may still be in the frame to sign two of this summer's most sought-after stars.

Australia Declares Largest Conservation Zone In Northern Territory

Australia has declared early 25 million acres (10 million hectares) of the southern Tanami Desert in the Northern Territory -- home to some of the country's most endangered species -- a conservation zone.

OECD Sees No End To Job Crisis, Warns Of 'Lost Generation'

Unemployment in advanced economies will remain high until at least the end of 2013, with youth and the low-skilled hurt most by the weakest economic recovery in the past four decades, the Organization for Economic Co-operation and Development (OECD) said Tuesday.

Dovish FOMC Minutes, US Trade Deficit, China Q2 GDP: Economic Events For July 9-13

This week?s focus will be the June Federal Open Market Committee minutes, U.S. trade deficit and China's Q2 GDP.

On Jobs, The US Congress, And You

Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.

Global Round Of Central Bank Easing As Inflationary Pressures Abate

To some extent, monetary easing has been accommodated because of stable-to-lower inflationary pressures.

CHELSEA TRANSFER RUMOURS: Hulk, Maicon, Meireles and Pereira Involved In Latest Speculation

A roundup of the latest news surrounding Chelsea's continued activity in the transfer market.

4th Of July Fireworks: History And Pictures Of The Best Firework Displays Over The Years On Independence Day [PHOTOS]

Did you know that fireworks date back even farther than the first Independence Day celebration? Here's a history and slideshow of pictures the best firework displays over the years in honor of the 4th of July.