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Finance News

Greek Parliament starts debate on austerity laws

Greek Parliament starts debate on austerity laws

40 mins ago
Greek lawmakers on Sunday began debating legislation introducing severe austerity measures necessary for the country to secure a euro130 billion ($171.46 billion) bailout from the European Union and the International Monetary Fund and stave off bankruptcy. Full Story
Iraq opens new oil export terminal in Persian Gulf

Iraq opens new oil export terminal in Persian Gulf

1 hour 59 mins ago
Iraq inaugurated a new offshore oil export terminal in the Persian Gulf on Sunday in a vital step to ease infrastructure constraints and to bring sorely needed cash for reconstruction after decades of war and international sanctions. Full Story

Boeing says it's frustrated with Dreamliner glitch

8 hours 12 mins ago
A top Boeing Co. executive says that the plane maker is frustrated with the latest 787 Dreamliner production glitch, but that it shouldn't delay output goals. Full Story
Faces beyond the numbers of long-term unemployed

Faces beyond the numbers of long-term unemployed

17 hours 54 mins ago
J.R. Childress is up before the sun, bustling about in the French colonial brick house he built. He helps pack his wife's lunch, downs some eggs or cereal for breakfast, pores over online and newspaper job listings and hopes _ even prays _ this will be the day when his fortunes turn around. Full Story
Greece's grim choice: deep budget cuts or default

Greece's grim choice: deep budget cuts or default

20 hours 32 mins ago
Why would Greece accept more pain when unemployment is at 21 percent, the economy is enduring its fifth year of recession and rioters are hurling gasoline bombs in the streets of Athens? Full Story

Other Top Stories

Gov't on pace for $1T deficit despite January dip

1 day ago
The federal deficit was lower through the first four months of the budget year than the same period last year. Still, the deficit is expected to top $1 trillion for the fourth year in a row, putting more pressure on Congress and President Barack Obama in an election year. Full Story

Republic Bancorp founder Bernard Trager dies at 83

1 day ago
Bernard Trager, the longtime chairman and founder of bank holding company Republic Bancorp Inc., has died. He was 83. Full Story

Bernanke: Weak housing has hurt consumer spending

1 day ago
Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years. Full Story