Result Page 225 for Latest Economy & Markets News & Archive

Greek Debt Crisis Update: Banks To Remain Closed Through Friday As Uncertainty Over Bailout Looms

The bank holiday extension comes as Greece laid out its new, three-year bailout plan on Wednesday.

Greek Debt Crisis: Greece Submits Last-Ditch Bailout Request As Grexit Looms

The one-page letter outlining the request, leaked to the media Wednesday, gives a broad overview of the bailout’s proposed terms and the economic reforms Greece promises to make.

Petrobras Oil Deaths: In Brazil, Two Workers Die After Scaffolding Collapses

Brazil’s most important company has been hit by a string of deaths from site accidents.

Greek Debt Crisis: Greece’s Pension System Was Once A Bloated Mess, Now It’s A Crucial Lifeline For Struggling Families

As the Greek debt crisis wears on, a critical pressure point has emerged: pensions. And while Greeks work longer hours than their northern neighbors, they also retire years earlier.

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Greece Faces ‘Final Deadline’ Of Sunday To Reach A Solution To Pay Off Creditors

European leaders are anxious to see a proposal that will prevent the implosion of the nation’s economy and the departure of Greece from the eurozone.

Amy Nordrum Jul 07, 2015

Deaths From Heroin Overdoses Have Quadrupled Over Past Decade In US, CDC Says

The Centers for Disease Control and Prevention says greater availability and low prices might help to explain the trend in part.

Amy Nordrum Jul 07, 2015

Student Loan Servicing Headaches Plague Military Troops And Families During Deployment: CFPB Study

"I can't continue to fight this," one military borrower told the Consumer Financial Protection Bureau about problems with his student loan servicer.

Catherine Dunn Jul 07, 2015

Europe's Right-Wing Leaders Cheer Greece's 'Oxi' Vote, Push For End Of European Union

Right-wing leaders across Europe are heralding the Greek vote as the first victory in a battle against European institutions.

Jess McHugh Jul 07, 2015

Greek Debt Crisis: What Currency Will Greeks Use If Greece Leaves The Eurozone?

As eurozone negotiations continue to founder, Greeks are weighing other money options, from a revived drachma to local barter systems.

Owen Davis Jul 07, 2015

Greek Debt Crisis: Foreign Travelers In Greece's Island Hot Spots Say Little Has Changed For Vacationers

Foreign travelers in Greece's island hot spots this week say little has changed since Sunday's referendum on a European bailout deal. For now.

Maria Gallucci Jul 07, 2015

Greece Debt Crisis: Eurozone Leaders Speak Out About Grexit Ahead Of Brussels Meeting

"We must respect the vote of the Greek people, but we must also respect the other 18 member states," German Chancellor Angela Merkel said.

Julia Glum Jul 07, 2015

Experts Warn Of Economic Challenges As Chinese Government Downplays Risk Of Stock Market Fall

China’s markets fell again Tuesday despite confidence-building measures. Analysts say the slump could hit demand and the financial system.

Duncan Hewitt Jul 07, 2015

Election 2016: As Labor Grapples With Candidate Endorsements, Transit Union Head Applauds Bernie Sanders

Bernie Sanders is tapping into the labor movement's frustrations, says Larry Hanley, head of the Amalgamated Transit Union.

Cole Stangler Jul 07, 2015

Greek Debt Crisis: Eurogroup Meeting Live Stream, Where To Watch And Check For Updates On Greek Bailout

Greek Prime Minister Alexis Tsipras is headed for a showdown with creditors Tuesday after a resounding majority of Greeks voted against austerity demands Sunday.

Jessica Menton Jul 07, 2015

Greek Debt Crisis: All Eyes On Decisive Eurozone Summit In Brussels As Greek Banks Run Out Of Cash

As eurozone leaders gather in Brussels for back-to-back meetings on the Greek crisis, hopes of an immediate breakthrough are far from certain.

Avaneesh Pandey Jul 07, 2015

Russia Signs Agreement To Get $10B Investment From Saudi Arabia Amid Western Sanctions

Up to first five investment deals are expected to be signed in the next three months and attract partners from China, South Korea and the UAE.

Sneha Shankar Jul 07, 2015

Greek Debt Crisis: What Happens If Greece Leaves The Eurozone?

Here's a look at how a possible Greece departure from the eurozone might unfold — and what could happen next.

Alexander Saeedy Jul 07, 2015

US Banks Post Detailed Crisis Plans To Avoid Breakup Threat

After the last financial crisis, banks were required to submit "living wills" each year to show how they would deal with bankruptcy during a crisis.

Reuters Jul 07, 2015

Astronomers And Astrophysicists Want A Giant New Space Telescope To Replace Hubble And Find Life Elsewhere In the Universe – And It Will Only Cost $9B

Astronomers say a proposed $9 billion telescope would snap the clearest images of the universe to date and build on the success of the Hubble for the next generation.

Amy Nordrum Jul 06, 2015

Greek Debt Crisis: Latin America's Leftist Leaders Side With Tsipras

Venezuelan President Nicolas Maduro hailed Prime Minister Alexis Tsipras for standing up to the International Monetary Fund.

Tim Marcin Jul 06, 2015

European Central Bank Raises 'Haircut' On Greek Collateral, Ratcheting Up Pressure On Greek Banks

By raising the "haircut" on the collateral Greek banks must hold, the European Central Bank effectively limited their solvency.

Owen Davis Jul 06, 2015

Who Is Euclid Tsakalotos? Greece's New Finance Minister Replaces Yanis Varoufakis

The Oxford-educated economist already was the lead negotiator with Greece's creditors.

Tim Marcin Jul 06, 2015

‘Once Upon A Time’ Season 5 Spoilers: Comic-Con Poster Previews ‘Dark Swan’ Storyline

"Once Upon a Time" will hold a panel at San Diego Comic-Con on Saturday, July 11.

Amanda Remling Jul 06, 2015

Greek Crisis: After Referendum, Government Shakeup, Greece Prepares For Uncertain Future

Armed with a decisive referendum result rejecting austerity, Greece now enters a crucial negotiating week with one familiar face missing.

Owen Davis Jul 06, 2015

Why The Dow Jones Industrial Average Is Unmoved By Greek Referendum

U.S. stocks remained largely unchanged Monday after Greeks overwhelmingly rejected austerity measures over the weekend.

Jessica Menton Jul 06, 2015

London Underground Strike 2015: 24-Hour Tube Walkout Would Strand Millions, Cripple Operations

Commuters should prepare for the largest London Underground strike since 2002.

Cole Stangler Jul 06, 2015

Yale University Petition To Rename Calhoun College Joins Nationwide Pushback Against Confederate Symbols

Calhoun College, one of Yale's 12 residential schools, is named after 1804 alumnus John C. Calhoun — "one of the most prolific defenders of slavery in American history."

Julia Glum Jul 06, 2015

Hong Kong Stocks Plunge On Greek No, Chinese Shares Close Mixed On 'Extraordinary' Government Measures

Hong Kong shares saw their biggest one-day fall in three years as concerns about the future of the European Union dominated the Hang Seng index.

Duncan Hewitt Jul 06, 2015

Greek Finance Minister Yanis Varoufakis Resigns Despite 'No' Vote In Referendum

Yanis Varoufakis stepped down a day after Greek voters rejected a new bailout deal. EU officials will meet Tuesday to discuss fresh proposals from Greece.

Avaneesh Pandey Jul 06, 2015