A euro-area breakup might appear to be inevitable at this point. But, instead of Greece being pushed out the door, analysts say an outside-the-box solution to the euro zone's sovereign-debt problem would be for Germany to voluntarily withdraw from the euro and reinstall the Deutsche mark.
A tight squeeze on salaries of full-time employees, along with spending cuts and burgeoning levels of part-time employment and long-term unemployment, offsets the decline in overall unemployment, leading to a rise in the number of poor Britons.
Some Greeks are likely to vent their anger by supporting the anti-austerity radical leftist Syriza party in this weekend?s poll.
A trip to Greece in the coming weeks may feel like an intrusion -- a sojourn into a land of private grief and public fury. But not visiting only makes things worse.
US Airways has been very publicly circling AMR Corp., the bankrupt parent of American Airlines. Yet industry experts expressed concerns that, while a potential merger would be a boon to the labor unions, the flying public would end up footing the bill.
Crude oil futures advanced Friday as sentiment was buoyed on expectations that the major central banks around the world would act to strengthen the global economy.
Weeks after social issues dominated Democratic talking points in the 2012 election, President Barack Obama refocused his campaign message on his and his Republican opponents' approaches to the economy in an Ohio speech on Thursday.
U.S. Defense Secretary Leon Panetta implored Congress this week to avoid the approaching first installment of some $500 billion in defense cutbacks, saying the reductions would hollow out America's military.
Futures on the major U.S. indices point to a flat opening Thursday ahead of the Department of Labor's report on weekly jobless claims and the Consumer Price Index.
Stock markets in China and Hong Kong declined Thursday as weaker-than-expected data on monthly U.S. retail sales and renewed concerns about the debt-laden euro zone weighed on the sentiment.
Key decision makers in prominent business companies throughout Europe have criticised failing education systems for rising youth employment and have been clamouring for the implementation of dual education schemes to help reverse this worrying trend.
Mario Monti faces public opposition to his push for austerity and close coordination with Germany. In the wake of the Spanish bailout, fresh skepticism from investors dogs him as he urges the parliament to step up reforms.
Anarchists have been arrested for a spate of bomb attacks in Italy, and are being blamed for violence in Europe and the U.S. Is this the comeback of a movement that was considered a big threat a century ago?
Dinner with Barack -- for the liberal Democrat, few things sound better than free food with their fearless leader. Four prize dinners with the Great One -- awarded by drawing -- have come and gone; but have no fear, Dinner with Barack V is here.
The U.S. natural gas industry will create 1.5 million jobs by 2015, in large part because of the surge in production from unconventional shale beds that require hydraulic fracturing, according to an IHS study released Wednesday.
South Korea's unemployment rate fell in May to its lowest in four months with the availability of more jobs in the service sector, according to figures reported by Statistics Korea Wednesday.
The debate over minimum wages -- does raising the minimum wage put more money in workers' pockets or just leave more of them jobless? -- is heating up at the state and federal level.
Tour operators are offering steep discounts to Greece amid speculation about a Greek euro exit and fears of ensuing social unrest.
On Tuesday, Arizona's 8th District will vote to replace former Rep. Gabrielle Giffords, who resigned as she recovers from a Jan. 8, 2011, shooting spree. She, and President Obama, are the ones the contest is focusing on, rather than the state's issues
Indian retail sector, which is one of the fastest growing in the world, is under immense pressure to allow the Foreign Direct Investment. With multi-national retail giants like Wal-Mart and CarreFour and foreign investors lobbying the government to throw open the retail sector, the government has made several futile attempts in the past two years to allow FDI in retail.
European markets maintained a cautious tone Tuesday as stocks fell in the U.S. and Asia following the fading of optimism relating to the aid to the Spanish banks and revival of the debt crisis looming over the euro zone.
This year's rapid-fire news cycle appears to never run short of gaffes, most recently President Obama's statement that the private sector is doing fine and the sound bite in which Mitt Romney seems to say he wishes there were less firefighters, teachers and police officers protecting and serving our country.